THIS IS BREAKING NEWS...
The Minnesota Twins announced today that they have agreed to terms with catcher Joe Mauer on a eight-year, $184 million contract extension, covering the 2011-2018 seasons. The deal, which includes a full no-trade clause, will be made official at a 7:00 pm (ET) press conference in the Twins’ Conference Center at the Lee County Sports Complex (Minor League building).
The deal ranks Mauer as having the third largest current contract in baseball behind Alex Rodriguez ($275 million, 2008-'17) and Derek Jeter ($184 million, 2001-'10), both with the Yankees. In terms of average annual value (AAV), he ranks second ($23 million) among the three, sandwiched bewteen A-Rod ($30.55 million) and Jeter ($18.9 million).
He will earn $12.5 million this season in the last year of his four-year, $33 million contract. According to Joe Christensen of the Minnesota-Star Tribune, Mauer will earn $23 million in each of the years in the new contract from 2011-18.
Mauer, 26, batted .365 (191-for-523) with 30 doubles, one triple, 28 home runs and 96 rbi in 138 games with the Twins last season. He was named to his third career All-Star team (2006, 2008), won his second career Rawlings Gold Glove Award (2008), third career Louisville Slugger “Silver Slugger” Award (2006, 2008) and was named the American League Most Valuable Player. Mauer was also named the Player of the Year by Baseball America and the American League Most Outstanding Player by the MLB Players’ Choice Awards.
With his 2009 batting title, Mauer became one of 10 players in Major League history to win three-or-more batting titles, and the first to win back-to-back batting titles since Nomar Garciaparra in 1999 and 2000. He also became the 12th player (first catcher) in American League history (first since George Brett in 1980) to lead the league in batting average, on-base percentage (.444) and slugging percentage (.587). Of the 12 American League players to accomplish those numbers, 10 are in the National Baseball Hall of Fame.
The 6-foot-5, 230-pound catcher from St. Paul, Minnesota, was selected by the Twins as the first pick in the 2001 First-Year Player Draft. Mauer has a career batting average of .327 (844-for-2582) with 158 doubles, 15 triples, 72 home runs and 397 rbi in 699 games. He has a fielding percentage of .996 (18 E, 4158 TC) and has thrown out 93 of 204 (46%) runners attempting to steal. Since making his Major League debut in 2004, Mauer ranks third among all Major League players in batting, behind Ichiro Suzuki of the Mariners (.335) and Albert Pujols of the Cardinals (.334).
OTHER NEWS FROM THE BUSINESS OF SPORTS NETWORK
(BIZ OF FOOTBALL)
Maury Brown is the Founder and President of the Business of Sports Network, which includes The Biz of Baseball, The Biz of Football, The Biz of Basketball and The Biz of Hockey. He is available for hire or freelance. Brown's full bio is here. He looks forward to your comments via email and can be contacted through the Business of Sports Network.
Follow Maury Brown on Twitter
Follow The Biz of Baseball on Twitter
Follow the Business of Sports Network on Facebook