Nolan Arenado and the Colorado Rockies are finalizing an eight-year contract extension worth more than $ 255 million, blocking the third-base star player with a contract that can last until the 2026 season, have indicated league sources at ESPN.
All long-term deals are risky, but Colorado and Arenado are the perfect storm for a win-win franchise that is committed to engaging a superstar at the right time.
After months of talks, the deal has been reached in recent days after the Rockies secured an eighth season, sources said. The deal, which will prevent Arenado from becoming a free agent after the 2019 season, will set a record per year for players in position. It also includes a disengagement of players after the 2021 season.
Arenado, 27, is a four-time star player who has won a gold glove during his six seasons in the major leagues. He has led the National League three times, including 2018, averaging .297 / .374 / .561 with 38 homers and 110 RBIs.
While many teams were stunned to pursue Arenado's free agency after the 2019 season, according to sources, he opted for the safety of over a quarter of a billion dollars guaranteed by the Rockies. . Among these teams were the Los Angeles Dodgers, who could step up their search for the current free agent Bryce Harper, with whom they met in Las Vegas Sunday night, sources said. The Dodgers are looking for a shorter-term deal than Harper's more than ten-year deal.
The overall value of the Arenado deal was less than the $ 300 million third-party player player Manny Machado received from San Diego Padres but exceeded $ 30 million a year Machado's salary as well as $ 31 million Miguel Cabrera receives annually. Only Arizona starter Zack Greinke, at $ 34.4 million, will have a higher average salary than Arenado.
In his first six seasons with Colorado, Arenado hit .291 / .346 / .539 with 186 home runs and 616 RBIs – both leading the National League players. His glove is widely regarded as even better than his bat, with games showcasing almost nocturnal films.