Jeff Passan sent out a tweet at 10:14 AM EST on a Tuesday afternoon in March, that stated Mike Trout and the Angels had agreed to a massive 12-year 430-million-dollar contract extension. Trout’s new contract became the biggest in professional sports history. There were a few reports of the Angels and Trout discussing contract extensions, but nothing really seemed to form until today. Let’s breakdown the contract and I’ll try to answer a few questions along the way.
If you’ve spent any time on sports Twitter in the last 72 hours, you’ve read the name, “Mike Trout.” Even if you don’t follow baseball, you should know who this man is and why he’s important. He made headlines on Wednesday morning when he signed a contract extension with the Los Angeles Angels. The contract, which would have expired at the end of the 2020 season, will now keep him in LA until 2030, a ten-year extension. The value of the deal? $430 million. Trout is now the most valuable athlete in North American sports.
The 2019 MLB season is set to begin this month, and now that Bryce Harper has signed all we have to do now is wait. This season will be filled with high flying home runs, and lots of action from some of the leagues best players. Here is how the top players in baseball stack up as of now.
As someone who has wasted hundreds of dollars buying lottery tickets, I’ve always asked myself if I would take the annuity or the lump sum. Sure having the millions laid out in a bed and rolling around in them like a pig sounds like a wonderful afternoon, but is it worth the stability of having a couple hundred thousand a year for 30 years?