Nolan Arenado Signs a Massive Extension

02/26/2019 By Tyler Englander

Photo Courtesy of Creative Commons

Nolan Arenado is now a very rich man. The Colorado Rockies third baseman signed an eight-year contract worth $260 million. The deal pays Arenado $32.5 million per year, making him the highest paid position player in Major League Baseball. His deal includes a player opt out after three years. Arizona Diamondbacks pitcher Zack Greinke has the highest annual salary overall at $34 million.

Arenado is a four-time All-Star and has won the Gold Glove in each of his six major league seasons. He led the National League in home runs last season with 38, his third time reaching that accomplishment.

Last year the Rockies ended their season in the National League Division Series. Colorado will open its season March 28 in Miami against the Marlins.