Cabrera signs 10-year, $292 million extension

LARRY LAGE AP Sports Writer Published:

DETROIT (AP) -- The Detroit Tigers are doubling down on Triple Crown winner Miguel Cabrera.

The team has agreed to pay Cabrera a baseball-record $292 million over the next 10 years, according to a person with knowledge of the deal.

The person, who said the contract is subject to a physical, spoke Thursday night to The Associated Press on condition of anonymity because the agreement had not been announced.

Cabrera is due $44 million over the final two years of his $152.3 million, eight-year contract that runs through 2015, and the person says the slugger will make $248 million over eight seasons in the new deal.

Depending on whether Cabrera's deal is structured as one 10-year contract or an eight-year deal starting in 2016, it will either surpass Alex Rodriguez's $275 million, 10-year agreement with the New York Yankees for the richest contract, or Clayton Kershaw's record for average annual value of $30,714,286 in the $215 million, seven-year deal he signed with the Los Angeles Dodgers in January.

Cabrera, who turns 31 next month, has been voted AL MVP in each of the last two seasons. He is the first player to win the award in consecutive seasons since Frank Thomas did it two decades ago.

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