Marlins’ offer to Giancarlo Stanton could be worth up to $320 million

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Ken Rosenthal of FOXSports.com reported yesterday that Giancarlo Stanton and the Marlins were discussing a 10-year, $300 million contract, but now Rosenthal says they’re talking about a 12-year, $320 million deal.

Either way it would be the largest contract in MLB history, a distinction that currently belongs to Miguel Cabrera and the Tigers at $292 million over 10 years.

Stanton is under team control via arbitration for 2015 and 2016, and could expect to earn at least $30 million for those two seasons. So it’s possible that the Marlins offered him a 10-year extension and including the arbitration seasons brought the total to around $320 million for 12 years.

Signing him for a dozen seasons would keep Stanton under team control through the age of 36. He finished runner-up for the NL MVP yesterday after hitting .288 with 37 homers and a .950 OPS in 142 games before a facial injury ended his season.