• Loading stock data...
Friday, April 19, 2024
  • -
    days
  • -
    hours
  • -
    minutes
  • -
    seconds

Jose Ramirez Inks Largest Contract in Cleveland History

  • The five-year, $124 million extension is double the largest contract the club has ever given out.
  • Only RP Emmanuel Clase also has a contract past 2022.
Jay Biggerstaff-USA TODAY Sports

After changing the name of the club in July, the Cleveland Guardians are starting to commit to their future on the field.

On Wednesday, Cleveland signed star 3B Jose Ramirez to a five-year, $124 million extension with a full no-trade clause, per multiple reports. The Guardians picked up a total of $26 million in options on his current contract, guaranteeing the 29-year-old $150 million and setting him up with the team through 2028.

Though the new contract ranks 36th in the league by total value and 26th by AAV ($24.8M), it’s actually double the largest contract Cleveland has ever given out.

But overall, the Guardians are staying thrifty as they build on a young core with a $40.4 million payroll — 27th in MLB.

  • Their only other commitment past 2022 is to closer Emmanuel Clase, who reportedly signed a five-year, $20 million deal recently.
  • Cleveland agreed to one-year arbitration deals with SP Shane Bieber ($6M), SS Amed Rosario ($5M), and DH Franmil Reyes ($4.6M).
  • Led by OF George Valera (47th), the Guardians have five top-100 prospects per MLB.com — tied for fourth-most in the league.

In time, they’ll look to build that core around Ramirez’s rock-solid production: Last season, he posted a 5.7 offensive WAR (4th in AL), an .893 OPS (6th), and 111 runs scored (5th).

All the same, Cleveland shouldn’t expect to compete right away — the club has the fourth-best odds (+1000) to win the AL Central this season.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Diamond Sports Group Is About to Survive Bankruptcy. Will It Matter?

The bankrupt company faces key questions relating to both programming and distribution.

The A’s Have Major League Problems With Minor League-Level Attendance

The team was outdrawn Tuesday by 19 different minor-league teams.

The Yankees’ Radio Voice Retires, Ending an Era of Longevity

The longtime Yankees radio announcer was an industry outlier in many respects.

The 25 Highest-Paid MLB Outfielders

Yankees’ right fielder Aaron Judge is the highest paid outfielder in the MLB.
podcast thumbnail mobile
Front Office Sports Today

Why Ian Rapoport Lives for the NFL Draft’s Chaos

0:00
0:00

Featured Today

Women’s Basketball Finally Has a TV Deal to Match the Excitement. Now What?

A lucrative new media-rights contract could rectify problems of the past, but the future of March Madness media rights is anyone’s guess.
Mar 16, 2024; Washington, D.C., USA; North Carolina State Wolfpack forward DJ Burns Jr. (30) cuts the net after defeating the North Carolina Tar Heels for the ACC Conference Championship at Capital One Arena.
April 6, 2024

How Two College Seniors Helped DJ Burns Cash In on a Final Four Run

Two college seniors are facilitating deals for NC State’s big man.
Mar 31, 2024; Portland, OR, USA; NCAA officials measure the three point line while coaches from the Texas Longhorns and NC State Wolfpack watch with referees in the finals of the Portland Regional of the NCAA Tournament at the Moda Center center.
April 1, 2024

NCAA Has No One to Blame for Latest Women’s March Madness Transgressions

NCAA is still making avoidable mistakes three years after a complete overhaul.
Nov 16, 2015; Bloomington, IN, USA; General view of the championship banners at Assembly Hall prior to the game between Austin Peay and Indiana.
March 31, 2024

How to Make It in Basketball: Become a Manager at Indiana

Inside the Hoosiers’ unglamorous, profoundly rewarding incubator for basketball’s biggest names.

Careers

Powered By

Careers in Sports

Looking for a new job? Check out these featured listings and search for openings all over the world.
Live Nation
Multiple - USA Careers
Adidas
Multiple - USA Careers
FanDuel
Multiple - USA Careers

Patrick Mahomes Restructures Contract (Again) for Chiefs’ Cap Relief

Mahomes borrows an idea from Tom Brady to keep the Chiefs competitive.
Minnesota Twins shortstop Carlos Correa shows a thumbs-up to bench
December 14, 2022

Carlos Correa, Giants Agree to Record Infielder Contract

Correa and San Francisco reportedly agreed to a 13-year, $350M contract.
Minnesota Twins short stop Carlos Correa shrugs after a bad call
December 21, 2022

Carlos Correa Caps Off Mets’ Unprecedented $800M Offseason

New York will spend $498M between payroll and luxury tax in 2023.
Sponsored

Rapid Returns: How Technology Is Getting You Back to Your Seat

How Oracle’s POS technology is helping fans get back to their seats faster.
Justin Verlander speaking to media during a 2022 World Series press conference
December 5, 2022

Justin Verlander Latest Deal in MLB Pitching Contract Craze

Verlander’s new Mets contract has MLB’s second-largest AAV ($43M) ever.
Portuguese superstar Cristiano Rolando gives thumbs during World Cup match
November 30, 2022

Ronaldo Could Become Highest-Earning Athlete With Next Club

The contract with Al Nassr would have the largest annual salary ever.
October 14, 2022

Carlos Correa Opts Out of Bizarre Twins Contract

Correa’s signed the three-year, $105.3 million pact with Minnesota in March.
September 20, 2022

Nathan MacKinnon Becomes Highest-Paid Player in NHL History

The Avalanche superstar’s $12.6M AAV is the largest in league history.