Mookie Betts agrees to 12-year, $365 million extension with Dodgers
Star outfielder Mookie Betts and the Los Angeles Dodgers have agreed on a 12-year, $365 million extension that keeps the former American League MVP from reaching free agency this winter, sources told ESPN on Wednesday.
Combined with the one-year, $27 million contract he's currently playing out, Betts' total comes to 13 years and $392 million. The deal tops the previous extension record of $360 million signed by Mike Trout and includes a record $65 million signing bonus.
The Dodgers acquired the 27-year-old Betts from the Boston Red Sox in a blockbuster trade over the winter, giving up outfielder Alex Verdugo and shortstop prospect Jeter Downs with a guarantee of only one year -- and the hope that Betts would consider re-signing before hitting the open market.
https://www.espn.com/mlb/story/_/id/29517069/sources-mookie-betts-dodgers-long-term-contract
That averages to $30,416,666 a year, not including the signing bonus. Don't know what kind of guarantee there is, but Betts can keep playing until he's 40.
It's immoral. It's not fair. How can the Padres, Rockies and D-Backs hope to compete?
Two words: Salary Cap. Now!