Although the financial terms of the six year contract have not been officially announced, it is thought that the extension is for a total of $144.5 Million. This contract, while it purchases two years of free agency from Trout, still allows him to enter free agency at age 28, just as he will have entered his supposed prime. Should Trout continue to perform at his accustomed levels, he could be set for quite the payday in free agency.
After seeing the insane ten year, $292 Million contract that Miguel Cabrera received from the Detroit Tigers, this extension is quite the bargain for the Angels. While Cabrera has been signed through the downside of his career, Mike Trout is only at the beginning. As spectacular as Trout has been, garnering two All-Star selections, a Rookie of the Year and finishing second in the MVP vote to the aforementioned Cabrera in each of the last two seasons, he could possibly get better. Imagining what could be better than the present five tool baseball juggernaut that goes by Mike Trout is certainly fun to contemplate.
Despite the overall commitment, Trout could conceivably outperform his contract. On the open market, Trout was thought to be worth upwards of $40 Million, based on how well his numbers compare to the combination of Shin-Soo Choo and Jacoby Ellsbury. As unlikely as it would be that Trout would receive that type of money, a contract worth approximately $30 Million annually would likely not have been out of the question. Instead, the Angels will keep Trout in Los Angeles for the next six years at less than half of what the Tigers will be paying Cabrera during his contract.
At a very reasonable cost, the Angels have answered the prayers of their fans and have signed Mike Trout to a long term deal. Now, about that playoff drought…..