Pujols Finalizes His $240M Deal, Plus Perks With Angels

NEW YORK (AP) — Guess $240 million wasn’t quite enough for Albert Pujols. In addition to his salary, the Los Angeles Angels are giving the slugger four season tickets to home games over the next decade.

He and the Angels still need to work out the location of the seats, which are his to enjoy for the duration of his contract. After that, if he still wants them, he has to pay.

Those details were contained in the terms of his deal that was filed Thursday with Major League Baseball and the players’ association.

Other perks include:

–hotel suite on road trips.

–luxury suite at the ballpark for the Pujols Foundation, his charitable group, for 10 home games a year.

–right to buy a luxury suite between first base and third base for all home games.

The deal was so complicated it includes three separate agreements: His playing contract, a marketing deal and an agreement to enter a 10-year, personal-services agreement following the playing contract’s expiration or Pujols’ retirement, whichever is later. That will pay $1 million annually, but because it is contingent on Pujols actually working for the team, it is not considered guaranteed money for the purposes of baseball’s luxury tax.

High-payroll teams such as the New York Yankees and Boston Red Sox are likely to examine that structure closely and may emulate it in future agreements.

There also is a marketing agreement that will pay Pujols for milestone accomplishments. The player will receive $3 million for 3,000 hits and $7 million for a record 763rd home run. He currently has 2,073 hits and 763 home runs.

Including all three agreements, Pujols could make up to $265.75 million over 20 years. That includes $875,000 in possible award bonuses each year for accomplishments such as Most Valuable Player, World Series and league championship series MVP, Gold Glove and Silver Slugger, and making the All-Star team.

Like C.J. Wilson’s $77.5 million, five-year contract, which also was agreed to Dec. 8, Pujols’ deal is heavily backloaded. His 2012 salary will be $12 million, down from the $16 million he made last year in the option year of his contract with the St. Louis Cardinals.

Pujols salary increases to $16 million in 2013 and $23 million in 2014, then rises $1 million annually until he makes $30 million in 2021, when he will be 41.

It is only the third $200 million contract in baseball history, behind Alex Rodriguez’s $252 million deal with Texas after the 2000 season and A-Rod’s $275 million agreement with the Yankees after the 2007 season.

Pujols’ average salary matches that of Philadelphia pitcher Cliff Lee for the third highest among current players behind Rodriguez and Phillies first baseman Ryan Howard ($25 million).

  • James

    Sooooo is parking, tickets & food going up??

  • ginny

    I’m sorry but there is not one profssional athlete that is worth any where near this kind of money/prks. Teams have lost their minds and these athletes are greedy, pompus human beings. Guess no one doubts my view of this one. And who gets shafted in these deals…..the fans.

  • Jimmy

    The fans pay for their salaries… Quit going to games and quit buying gear. I love college and professional sports, but I never go to any games or buy any gear. When I hear of contracts like this I have a hard time justifying why I continue to watch and follow professional teams… This is absolutely ridiculous. Ground troops in Afghanistan risk their lives for 6-12 months at a time and bring home a measly 15-30k. And this guy plays baseball for a living, is going to retire around 42/43 and never have to work another day in his life and still be loaded.

  • Jerry Frey

    Accountants who can steal money and college presidents who deal the cheese to their families and friends, these people are the connected class. Overpaid athletes, Carl Crawford ($142 million – 7 years; .255 ba, 11 hr), Jayson Werth ($127 million – 7 years; .232 ba, 20 hr), and Adam Dunn (56 million – 4 years; 159 ba, 11 hr), these people belong to the connected class. My favorite story concerns Charlie Weis, former head coach at Notre Dame, who failed to resurrect Lou Holtz glory and was paid millions to go away. And of course: Albert Haynesworth “made almost $35 million in just 20 games for Washington.”


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