Stanton takes center stage in Miami
MIAMI (AP) — Art dealer Jeffrey Loria will unveil his latest, expensive acquisition today.
The Miami Marlins owner will formally announce the signing of outfielder Giancarlo Stanton to a 13-year, $325 million contract, the largest package for a U.S. athlete. The two sides finalized the deal on Monday, keeping the 25-year-old Stanton in Miami through at least the end of the decade.
The All-Star outfielder will earn $107 million over the first six seasons of the deal, according to contract information obtained by The Associated Press. If he declines to opt out of the contact after the 2020 World Series, he is scheduled to get $29 million apiece in 2021 and ’22, and $32 million in each of the following three seasons before his salary drops to $29 million in 2026 and $25 million in 2027.
Stanton led the National League last season with 37 homers, 299 total bases and a .555 slugging average while batting .288 with 105 RBIs.