Arenado, Rockies reach 8-yr deal; AP source says worth $260M

Keith Birmingham Southern California News Group

By Tuesday morning, after the Rockies began finalizing the terms of a rich and long-term contract with All-Star third baseman Nolan Arenado, Monfort put to rest any doubt that he might ever commit again to a superstar player.

The contract is worth $260 million, locking up the star third baseman with a deal that could last through the 2026 season, league sources told ESPN. The deal has a full no-trade clause, Passan reports.

He agreed in January to a $26 million, one-year contract with the Rockies. He's also finished 8th, 5th, 4th, and 3rd in MVP voting the last four seasons, averaging 158 games played, 40 home runs, 126 RBIs, 40 doubles, and a.297/.358/.573 slash line during that span.

That hasn't been lost on Arenado, who recently said: "There are some really good baseball players out there, and it is insane to think some of these teams don't need them".

At $32.5 million per season, the agreement sets a new per-season salary record for a position player, ahead of Miguel Cabrera's $31 million per year.

Nolan Arenado says he wants to spend his entire major league career with the Colorado Rockies and had no desire to become a free agent after this season.

Arenado was drafted in the second round by the Rockies in 2009. I really believe we can win.

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Next year's would-be biggest free agent is getting signed before Bryce Harper.

Machado, of course, signed a 10-year, $300 million with the Padres last week, which may have set the market for Arenado, a four-time All-Star and six-time Gold Glove victor.

The length and structure of the deal was important to the Rockies. "I wouldn't make this decision if I didn't believe that".

If the deal does get confirmed, it will be a huge coup for the Rockies and their fans as they will be able to keep their franchise player for, potentially, the bulk of his career.

Monday, the Rockies announced they had extended manager Bud Black's contract by three years, keeping him in Colorado until 2022.

"And the nice thing about (Kyle Freeland and German Marquez) being young and having a good year is that they are controllable for a while (contract wise)".

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