Latest Giancarlo Stanton rumors: 12 years, $325 million?
Thursday night, MLB.com confirmed that the Marlins and slugging outfielder Giancarlo Stanton have been discussing a contract extension with a framework of 10 years and $300 million, the biggest contract in baseball history.
On Friday, rumors swirled that both of those numbers may be — believe it or not — on the lower end of a potential offer.
Fox Sports’ Ken Rosenthal tweeted that Stanton and the Marlins are actually discussing a 12-year, $320 million deal. ESPN’s Buster Olney added that the two sides have been discussing a 12-year, $325 million contract as one of their possibilities.
As our own Joe Frisaro pointed out on Twitter, a 12-year, $320 million deal would yield an average annual value of about $26.7 million. For the sake of context, the Marlins’ Opening Day payroll last season was about $45.8 million, according to Cot’s Baseball Contracts.
Stanton, the National League MVP runner-up, only just turned 25 years old. A 10-year deal would run through Stanton’s age-34 season, a 12-year deal through Stanton’s age-36 season.
In recent comments, the Marlins have struck an optimistic tone about their negotiations with Stanton. Earlier this week, president of baseball operations Michael Hill described the talks as “positive.” And Marlins manager Mike Redmond sounded just as confident during an MLB Network appearance Thursday.
“I think there’s no doubt that this guy’s a huge part of our future and a huge piece for us going forward. He’s our No. 1 priority, and I think we’ve had great discussions,” Redmond said. “I’m very hopeful of the fact that he’s going to be a Marlin for a long time and hit in the middle of that order for a long time.
“I think this guy’s only going to continue to get better. I don’t even think we’ve seen how good he can be, which is probably a little scary after what he’s been able to accomplish after his short time in the big leagues.”