The newly agreed upon contract will replace the one-year, $26MM contract to which Arenado had already agreed and establish a new record annual salary for position players, topping Miguel Cabrera's prior mark of $31MM. However, the deal includes an opt-out after three years and a full no-trade clause, according to the reports.
Arenado's deal has a $32.5 million average annual value, second behind the $34.42 million for pitcher Zack Greinke in a $206.5 million contract with Arizona that began in 2016. He is now only behind Zack Greinke's $34.4 million annual average, which is now the highest in baseball history. ESPN's Jeff Passan reported that the two sides were closing in on an eight-year deal worth more than $255MM with an opt-out (Twitter link).
"At the end of the day, my heart was here", Arenado told reporters on Wednesday.
"I don't think it was a coincidence", Harding said of the timing of the signing. I really believe we can win. "I wouldn't make this decision if I didn't believe that".More news: Man in viral Girl Scout cookie photo indicted in DEA bust
Even more, they almost captured the team's first NL West title before losing in a tiebreaker at Los Angeles in a one-game playoff. They were swept by Milwaukee in the Division Series after hitting.146 against the Brewers and scoring in just one of 28 innings.
Arenado was a major part of that success. He's coming off a.297 season in 2018 during which he slugged an NL-best 38 home runs and drove in 110 runs, good for second in the NL.
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. "Our high price or All-Star players need to be on the field".