Albert Pujols’ contract is worth up to $265.75 million

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Today the players’ association and MLB officially signed off on Albert Pujols’ contract with the Angels, revealing a few interesting details about the deal.

Pujols is guaranteed at least $240 million over 10 seasons, but the contract could be worth as much as $265.75 million.

When he’s finished playing Pujols will begin a 10-year “personal services” contract with the Angels that pays $1 million per year, which isn’t counted as payroll for luxury tax purposes because it doesn’t kick in until he’s retired.

There are also sizable bonuses for reaching milestones, including $3 million for 3,000 hits and $7 million for 763 homers, and another $875,000 in total incentives each season for regular season MVP, ALCS MVP, World Series MVP, Gold Glove, Silver Slugger, and All-Star selections.

And the deal is also heavily backloaded, paying Pujols just $12 million in 2012 and $16 million in 2013 before his salary rises to $23 million in 2014 with an annual $1 million bump each year through 2021:

2012: $12 million
2013: $16 million
2014: $23 million
2015: $24 million
2016: $25 million
2017: $26 million
2018: $27 million
2019: $28 million
2020: $29 million
2021: $30 million

The thought of paying $30 million to a 41-year-old Pujols in 2021 is pretty scary, but the Angels’ new television deal makes even that contractual monstrosity a relative drop in the revenue bucket and who knows what MLB’s money-making landscape will look like a decade from now.

Blue Jays could move Jaime Garcia to bullpen

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Sportsnet’s Shi Davidi reports that the Blue Jays are considering moving starter Jaime Garcia to the bullpen. If they go that route, Sam Gaviglio would start in Garcia’s place on Sunday against the Angels.

Garcia, 31, has struggled to a 6.16 ERA with a 56/31 K/BB ratio in 61 1/3 innings over 13 starts this season. Gaviglio, meanwhile, has a 3.75 ERA with 35 striekouts and 11 walks in 36 innings across six starts and two relief appearances for the Jays this year.

Garcia inked a one-year, $10 million contract with the Jays in February. The deal includes a club option for the 2019 season worth $10 million with a $2 million buyout.