Thursday, March 27, 2014

Tigers, Miguel Cabrera reach deal

Tigers, Miguel Cabrera reach deal
Sources: Cabrera Agrees To Extension With Tigers
Two-time American League MVP Miguel Cabrera has agreed to terms with the Detroit Tigers on a new 10-year contract that will pay him $292 million, a baseball
source said.

The new contract, which covers the two years remaining on Cabrera's current deal and eight additional years, is expected to become official later this week,
the source said.


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According to CBSSports.com, which earlier reported Detroit and Cabrera were closing in on an agreement, the new deal also includes two additional vesting
options worth $30 million apiece for years 11 and 12 that could bring the total of the deal to $352 million.

Multiple media outlets have reported that Cabrera needs to pass a physical exam before his new deal is complete.

Cabrera, who turns 31 in April, is an eight-time All-Star in 11 seasons with the Marlins and Tigers. He's a .321 career hitter with 365 home runs.

He's the only major league player with 100 or more RBIs in each of the past 10 seasons, and last year he became the first Tiger to win three consecutive
batting titles since Ty Cobb achieved the feat from 1917-1919.

Cabrera's last extension with the Tigers paid him $22 million this year and next year, so the new deal will add eight years and about $250 million to that
total.

If the new contract is calculated as a single,10-year entity, it will surpass the 10-year, $275 million contract that Alex Rodriguez signed with the New York
Yankees in December 2007 as the largest deal in Major League Baseball history.

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