Miguel Cabrera Signs Extension

4:08pm: John Lowe has the year by year breakdown and adds that there are ten teams Cabrera can be traded to without his permission.

TUESDAY, 12:44pm: Cabrera’s seven-year extension is official.  $20MM a year is a solid price for 25 year-old superstar who has never been injured.  And Cabrera sets himself up for one more massive deal, just like A-Rod did.

MONDAY, 8:57am: Though we don’t have an official announcement and press conference from the Tigers yet, it’s obvious that an agreement has been reached.  Sabernomics thinks Cabrera will be worth $268MM over this time period; PECOTA feels differently.  Cabrera will only be 32 when this contract ends.  Though their ages don’t match up, Jim Salisbury and Todd Zolecki believe this deal could be a comparable for Ryan Howard.

SUNDAY, 8:52pm: Danny Knobler clarifies: it’s a seven-year extension worth around $140MM, starting with the 2009 season.  Regardless, it’s a team-friendly deal.

12:18am: According to ESPN’s Enquire Rojas, Tigers third baseman Miguel Cabrera is set to sign an eight-year, $153.3MM extension.  That’s $19.16MM per year for 2009-16.  Definitely less than I expected him to sign for.  We’ll examine the deal more closely when details become available.