The Yankees and Giancarlo Stanton have agreed to a deal that will keep the slugger in pinstripes for the next decade. Here’s a look at the contract details.
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Giancarlo Stanton is a professional baseball outfielder for the New York Yankees of Major League Baseball (MLB). He previously played for the Miami Marlins from 2010 through 2017. Stanton signed a 13-year contract with the Marlins in 2014, which included a no-trade clause and an opt-out clause after six years. The contract was the largest in MLB history at the time, surpassing the 12-year, $325 million contract extension that Ryan Howard had signed with the Philadelphia Phillies in 2010.
After being traded to the Yankees in 2017, Stanton’s contract was essentially restructured to a 10-year, $265 million deal that covered only 2018–2027. The new agreement included a no-trade clause and an opt-out clause after three years. Stanton can also earn up to $30 million in annual bonuses based on his performance.
Giancarlo Stanton’s Contract with the Yankees
Giancarlo Stanton’s Contract with the New York Yankees is 13 years and $325 million. The total value of the contract is $325 million. The contract was signed on November 17, 2014.
Length of the Contract
Giancarlo Stanton’s contract with the New York Yankees is for 13 years and $325 million.
Terms of the Contract
Giancarlo Stanton’s contract with the New York Yankees is for 13 years and $325 million. The contract includes a full no-trade clause and an opt-out clause after the 2020 season.
The Yankees and Stanton agreed to a record-setting 13-year, $325 million contract, which also includes a $30 million signing bonus that is being paid out over the course of three years. In addition, the Yankees will have an opt-out clause after six years.
According to Spotrac, Stanton’s contact is for 13 years and is worth $325 million.