Nolan Arenado
Getty Images

Nolan Arenado, Rockies finalizing eight-year, $260 million contract extension

36 Comments

Nolan Arenado and the Colorado Rockies are finalizing an eight-year, contract extension worth $260 million. Jeff Passan of ESPN says the deal includes an opt-out after three years.

At $32.5 million a year, the contract makes Arenado the highest-paid position player on an average annual basis in the game’s history, topping Miguel Cabrera‘s $31 million a year deal. The highest per-year salary overall remains Zack Geinke’s $34.4 million/year deal with the Diamondbacks. The largest total contract ever given out was by Marlins, who agreed to give Giancarlo Stanton $325 million. The largest free agent deal was the $300 million the Padres recently agreed to pay Manny Machado. No matter how you slice it, however, Arenado is going to make a lot of money and the deal will keep him in Colorado for the foreseeable future.

Arenado and the Rockies recently agreed to a $26 million salary for the 2019 season, avoiding arbitration. That deal — and, quite obviously, this extension — reflects the fact that Arenado is one of the best players in baseball. Last season, he hit .297/.374/.561 with 38 home runs, 110 RBI, and 104 runs scored in 673 plate appearances, won his sixth consecutive NL Gold Glove at third base, made the All-Star team for the fourth consecutive year, and finished third in NL MVP balloting.

David Price has opted out of the 2020 season

David Price opts out of season
Getty Images
Leave a comment

David Price has opted out of the 2020 season. he’s the biggest star to do so to date. He said the that he will not play the 2020 season, citing health concerns because of the coronavirus pandemic.

Price joins Ryan Zimmerman and Joe Ross of the Washington Nationals, Ian Desmond of the Colorado Rockies, Mike Leake of the Arizona Diamondbacks, and free agent Tyson Ross on the list of players who have chosen not to take part in the season.

Price, who was traded from the Boston Red Sox to the Dodgers in a five-player deal in February, previously agreed to pay more than 200 Dodgers minor leaguers $1,000 each to make up for lost wages. He was poised to enter the fifth season of a seven-year, $217 million contract he signed with the Red Sox in December of 2015. Per the terms of the agreement between the MLBPA and MLB, Price will not be paid for the 2020 season.