Rays Extend Evan Longoria, Again
Until he was dethroned by Mike Trout this summer, Evan Longoria had been a fixture atop my annual Trade Value series. It was partially due to the fact that he was both young and an excellent player, but, primarily, he ruled the list because his contract was so absurdly slanted in the Rays favor. Despite already racking up +29 WAR in his first four years in the Majors, Longoria has made a total of $8.5 million in salary to date, and is scheduled to make just $6 million in 2013. For comparison, Joey Votto — who also broke into the league as a full-time player in 2008 — has made $16 million thus far, is slated to make $17 million in 2013, and signed a $225 million extension that will keep him in Cincinnati through his age 37 season.
Well, today, Longoria joined Votto, Troy Tulowitzki, and Ryan Braun in signing contracts that should essentially take him through the rest of his productive career. The extension is officially for nine years, beginning next season, though it begins by guaranteeing the three team options the Rays already held for 2014-2016. Under the previously agreed upon deal, Longoria will earn $7.5 million, $11 million, and then $11.5 million before the new years under the contract he signed today kick in.
The breakdown of the contract hasn’t been released yet, but the new deal adds six more years and $100 million in guaranteed salaries, so the AAV of the extension is right around $17 million per season for his 2017-2022 seasons, and then there’s a team option — apparently mandatory if signing a deal with Tampa Bay — for 2023.
