Angels and Justin Upton agree on a five-year, $106 million contract extension

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The Los Angeles Angels announced a few minutes ago that they and outfielder Justin Upton have reached an agreement on a five-year contract extension. It will keep him under the Angels’ control through 2022 and pay him $106 million.

Upton was already under contract through 2021, paying him $88.5 million, but possessed opt-out rights this offseason. At the end of the regular season it was reported that he was considering exercising that opt-out. That may or may not have been a negotiating tactic, but if he did opt-out he would’ve had to land a deal paying him in excess of $22 million per year, which was no sure thing.

Not that he isn’t taking a bit of a paycut, at least up front. The deal is restructured to pay him $16 million in 2018, $18 million in 2019, $21 million in 2020, $23 million in 2021 and $28M in 2022. The backloading aside, it’s the equivalent of adding one year and $17.5 million on to his existing deal, but gives the Angels more financial flexibility up front.

Upton posted career-highs in home runs (35), RBI (109), and OPS (.901) this season between the Tigers and Angels, batting .273/.361/.540. In Anaheim specifically, he hit .245/.357/.531 with seven homers in 27 games.

Here’s the Angels’ announcement:

And Upton’s response: