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Giancarlo Stanton agrees to historic $325M deal

Giancarlo Stanton agrees to historic $325M deal

Posted by Liliana Castaño on November 18, 2014

The Marlins are no longer pinching pennies, and Giancarlo Stanton won't be, either.

Stanton agreed to terms with the team Monday on a $325 million, 13-year contract, Miami owner Jeffrey Loria said. It's the most lucrative deal for an American athlete and averages $25 million per season, or $154,321 per game.

The deal includes a no-trade clause, and Stanton can opt out after six years, Loria said. A news conference was planned Wednesday.

"It's a landmark moment for the franchise and Giancarlo, and it's for the city and fans to rally around," Loria said.

Any kind of multiyear deal is a big departure for the Marlins and Loria, whose frugal ways in the past alienated fans, angered the players' union and made the franchise the butt of jokes.

Given such thriftiness, the Marlins' generosity toward Stanton becomes even more stunning. His contract tops the $292 million, 10-year deal Miguel Cabrera agreed to with the Detroit Tigers in March. Alex Rodriguez signed the largest previous deal, a $275 million, 10-year contract with the Yankees before the 2008 season.

Stanton, who turned 25 on Nov. 8, is perhaps the game's most feared slugger. He has 154 career homers despite playing home games in spacious Marlins Park.

"Giancarlo Stanton has come of age, and he's going to be here a long time," Loria said in a phone interview. "It's wonderful to have a young man this caliber, integrity and ability, and I'm very happy."

 

 
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