The Dodgers and outfielder Mookie Betts agreed to a 12-year, $365 million contract extension Wednesday that should keep Betts in Los Angeles for the rest of his career. The deal involves a $65 million signing bonus. Betts will make $10 million during this abbreviated season before the new deal starts in 2021.
The deal is the second-largest of all time, exceeded only by the 12-year, $426.5 million extension Mike Trout signed with the Angels in March 2019.
The development comes a day before the Dodgers open their 2020 season versus the San Francisco Giants at Dodger Stadium. The pandemic-shortened 60-game season was in jeopardy during the league’s shutdown and ensuing heated negotiations between owners and the union. Not staging a season could have meant Betts never would have played a meaningful game for the Dodgers.
Not only will he now play in Los Angeles in 2020, but through 2032.
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The club acquired Betts, a four-time all-star and the 2018 American League MVP, and left-hander David Price from the Boston Red Sox in exchange for outfielder Alex Verdugo and two prospects days before players reported for spring training in February.
Betts, 27, arrived as a potential one-year rental with free agency looming in the winter after turning down a $300-million extension offer from the Red Sox. The decision carried risk, but Betts was the elite player the Dodgers sought for their October push to end a 32-year championship drought.
They were confident they could persuade Betts to stay in Los Angeles. The contract would be the richest that Dodgers president of baseball operations Andrew Friedman has given a player. The team has re-signed players to substantial contacts since Friedman took over in October 2014, but none has reached the $100-million threshold. Even in a depressed free-agent market this off-season, Betts would easily smash that ceiling.
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