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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 announced the extension but not the terms Wednesday afternoon.
“I just love being here, ” Betts said in a videoconference call from Dodger Stadium, where he will make his Dodgers debut Thursday against San Francisco.” I love everything about here. I’m here to win some rings and bring championships back to LA. That’s all I’m focused on. ”
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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.
Mookie Betts and the Dodgers have finalized a new 13-year deal worth $ 392 million. It is the second-biggest deal by total value in MLB history. A look at the others:
Prior to the coronavirus pandemic, Betts was expected to receive a deal worth at least $ 300 million, but there was speculation that the game’s unclear financial future would muddy Betts’ windfall.
However, Dodgers president of baseball operations Andrew Friedman said an extension was always top of mind.
“It was something we really wanted to do … We were hopeful that gathering get here, fall in love with it, go out there and win a bunch of games,” he said.
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