Cabrera gets his pay day

[Fish Troll]

KISSIMMEE, Florida -- Miguel Cabrera and the Detroit Tigers reached a preliminary agreement Saturday on an eight-year, $153.3 million contract extension, a source close to Cabrera told ESPNdeportes.com on condition of anonymity.

The All-Star third baseman will undergo a physical on Monday to complete the deal, the source said.

The contract is the richest in the Tigers' history. Magglio Ordonez had the previous record when he signed with Detroit for $75 million and five years in 2004.

"Miguel just signed a big contract," said the source. "The contract will be completed when Miguel takes a physical on Monday."

Cabrera, 24, was eligible for arbitration in 2009 and could become a free agent after the season ended. He will earn $11.3 million in 2008, and then an average of $19 million per year through 2016.

Enrique Rojas is a reporter and columnist for ESPNdeportes.com and ESPN.com.

sports.espn.go.com/mlb/news/story?id=3307289

And people were complaining that Cabrera expiring contract was going to be an issue.

[Marlins]

Wow...over 19 million per season for 8 years...just wow.

[#1 Jays Fan]

boy he is going to be making ALOT OF MONEY.

[Fish Troll]

Inflation is also playing a part on players average contract increasing each year.

[Marlins]

Deal finalized...

Tigers greed to terms with third baseman Miguel Cabrera on an eight-year, $152.3 million contract.

The Tigers could have called it a seven-year, $141 million extension, since Cabrera is still due the same $11.3 million in 2008 he was owed in the previous agreement, but they termed in an eight-year deal, meaning Cabrera won't technically join Alex Rodriguez, Manny Ramirez and Johan Santana as the only players to sign long-term deals worth at least $20 million per season. Cabrera will make $15 million in 2009 and $21 million per season in the final six years of the deal. He likely would have been in line for a $200 million contract had he opted to wait until free agency before committing.