Nolan Arenado Signs Record Eight-Year, $260M Contract with Colorado Rockies

Nolan Arenado Signs Record Eight-Year, $260M Contract with Colorado Rockies

According to a source close to the talks, the Rockies and Nolan Arenado have agreed in principle to an eight-year deal worth $260 million, the largest in franchise history.

The deal, which replaces the one year that was remaining on Arenado's old contract, will keep him in Colorado until the 2026 season. As far as Nolan is concerned, you look at free agency out there, and it's been very slow for Manny Machado and Bryce Harper, and Nolan would (have been) going into his age-29 season had he not signed this contract. Harper remains a free agent, and just as it appeared the Philadelphia Phillies emerged as the frontrunner, the Dodgers reportedly re-entered the picture.

Arenado is the second would-be 2019-20 free agent to take an extension rather than test an open market that has become increasingly slow for top-end talent.

Nolan Arenado likes where he is and the direction the Colorado Rockies are headed.

Detroit's Miguel Cabrera previously was the best-paid-by-year position player at $31 million, but Arenado will not be challenging Giancarlo Stanton's $325 million for highest total or Zack Greinke's $34.42 million for highest average for any player. Even more, they almost captured the team's first NL West title before losing in a tiebreaker at Los Angeles in Game No. 163.

Known for his big bat and his highlight-reel plays at third, Arenado has been the face of the franchise for years.

Arenado, 28 in April, has won a Gold Glove in all six of his Major League seasons to date, pairing that hardware with Silver Sluggers in each of the past four seasons. The real answer is, none of us really know, and the Rockies giving Arenado this contract makes it harder for all the teams that are supposedly bidding on Harper. Over the past four years, Arenado has led the National League in home runs on three occasions and posted a combined.297/.358/.573 batting line with 158 homers, 159 doubles and 19 triples.

It's the second deal worked out by the front office this week. The team also announced a three-year contract extension for manager Bud Black through 2022. "It is. And I don't do a very good job of it".

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