FORT MYERS, FLA. – Miguel Cabrera received an eight-year, $248 million contract extension from the Detroit Tigers that kicked in as he turned 32 in 2016. Cabrera increased his standing as one of the greatest righthanded hitters of all time in 2016, then fell off a cliff in 2017.
As Detroit reduces payroll and attempts to rebuild, the Tigers still owe $184 million to Miggy on a contract that expires in 2023, as he turns 42 early in that season.
The Boston Red Sox signed David Price to a seven-year, $217 million contract as a free agent. The lefthander was 30 when the contract started in 2016, was injured for much of 2017, and is owed $157 million on a deal that expires in 2022.
There is considerable angst among union leaders, players and agents as the start of spring training beckons and high-profile free agents remain unsigned, including eight of the ranked top 10 entering this offseason.
We have been offered three main options for this from the unhappy players' side of the situation:
One, the biggest moneymaking teams are trying to avoid the luxury tax thresholds for payroll.
Two, as many as one-third of the teams are trying to follow the Astros' model of going to the bottom in the standings and payroll, while creating a young corps with championship potential.
Three, this is being orchestrated by the clubs to slow the game's ceaseless salary inflation.