Miguel Cabrera’s Terrible and Understandable Contract
Yesterday, the Tigers agreed to make Miguel Cabrera the highest paid player in baseball history. If you look at the entirety of their future financial commitments to him as one single entity rather than two separate agreements, then this is the biggest contract in U.S. sports history. Over the next decade, the Tigers have agreed to pay Cabrera $292 million, a staggering figure for any player, and even more stunning given the context in which it was handed out. Cabrera turns 31 in less than a month. He wasn’t eligible to hit the free agent market for another two years. The contract begins with his age-33 season, and yet, without the benefit of free agency as leverage, he got more for eight years than Robinson Cano got for 10.
As you might imagine, I have a lot of thoughts about this contract. They don’t all agree with each other. So, let’s just go through the things I believe about this deal.