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Overview of largest sports contracts Rank Name Organization Sport Length of contract Contract value Average per year (USD) Average per game/event [a] (USD) Ref. 1 Juan Soto: New York Mets: Baseball: 15 years (2025–2039) $765,000,000 $51,000,000 $314,814 [1] 2 Shohei Ohtani: Los Angeles Dodgers: 10 years (2024–2033) [b] $700,000,000 ...
Teams may trade only players currently under contract. Trades between two or more major-league teams may freely occur at any time during a window that opens two days after the starting date of the final game of the most recent World Series and closes at 4 pm Eastern Daylight Time (UTC 2000) on July 31.
In 1990, Jose Canseco signed for 5 years and $23.5 million, making him the first player to earn an average of $4 million a year. It wasn't until 2010 when the MLB average salary rose above that same mark. [7] [8] Alex Rodriguez signed two record-breaking contracts over the course of his career. First, he signed a $252 million, 10-year contract ...
Currently, teams can earn compensatory picks in the draft based on departing free agents who reject a Qualifying Offer from their respective team. A qualifying offer is defined as a one-year contract worth the average value of the top 120 player contracts for that year (in 2015, the value of the qualifying offer was $15.8 million).
Walker signed a four-year contract with the Colorado Rockies worth nearly $22.5 million USD ($45 million today), the largest agreement since the strike. [32] The average annual value equated to more than $5.6 million ($11.2 million today), up from the $4,025,000 ($8.3 million today) the Expos had paid him the year prior. [ 33 ]
At the end of the season, Markakis could not agree to a contract extension with the Orioles and his contract was automatically renewed for another year at the baseline value of $455,000. [24] He became eligible for arbitration after the 2008 season, and in the absence of a contract extension, would have become a free agent in 2011.
The Boston Red Sox, ninth-place finishers in the American League, sign 37-year-old Dick Williams to a one-year contract as manager for 1967. The former MLB outfielder had led their Triple-A club, the Toronto Maple Leafs of the International League, to two straight playoff championships.
He signed as an international free agent with the Washington Nationals in 2011 and made his MLB debut in 2020 with the White Sox. On April 3, 2021, he set a major league record as the first player in modern MLB history to begin a season with eight consecutive hits. He was named the MLB Rookie of the Month in April 2021.