FORT MYERS, FLA. -- The Twins announced that they have signed Joe Mauer to an eight-year, $184 million contract, which will keep the catcher under contract through 2018.
Twins sign Mauer to eight-year, $184 million deal
Mauer is under contract through 2018
March 21, 2010 at 10:05PM
Mauer, 26, will make $23 million each year from 2011 to 2018. The deal includes a full no-trade clause.
He is under contract for $12.5 million this year in the final year of a four-year, $33 million deal. Mauer, a three-time batting champion and reigning American League Most Valuable Player, could have become a free agent after the season.
The team plans to make the signing official on Monday at a press conference in Fort Myers, starting at 6 p.m. The team and Mauer have also said they will have no further comment until the press conference.
The value of the Twins has grown exponentially in 40 years. The price of the Wolves nearly doubled in three years. The increases have put club ownership out of reach for even ‘minor billionaires.’
