$151M extension for MVP Jose Altuve with Astros

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An individual accustomed to the negotiations claims AL MVP Jose Altuve and the World Series champion Houston Astros have consented to an agreement that ensures him an extra $151 million over 5 periods from 2020-24.

The 27-year-old second baseman is gaining $6 million this year under the very first option exercised by Houston in a bargain he agreed to in 2013 that initially ensured $12.5 million from 2014-17. The Astros have a 2019 choice at $6.5 million.

The sides are still dealing with structuring what portion of the extra money will certainly be classified as a signing incentive to be paid in installations as well as just what portion will certainly be detailed as income. The ordinary annual value of the brand-new cash is $30.2 million, among baseball’s highest.

The 5-foot-6 Altuve struck.346 last season to win his second straight AL batting title and 3rd in 4 periods. He had 24 homers, 82 RBIs and also 32 stolen bases.

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