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$151M extension for MVP Jose Altuve with Astros

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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$151M extension for MVP Jose Altuve with Astros

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