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11/18/2014 Stanton, Marlins have record $325 million deal in place | marlins.com
Stanton, Marlins have record
$325 million deal in place
By Joe Frisaro / MLB.com | 6:57 AM ET
MIAMI -- The Marlins have made the biggest splash in franchise and
professional sports history, securing the services of slugger Giancarlo
Stanton (http://www.mlb.com/r/player?player_id=519317) in South
Florida with a record-setting contract.
Stanton on Monday agreed to terms on a jaw-dropping 13-year, $325
million contract, which includes the first no-trade clause awarded by the
organization. There will be an official announcement Wednesday at 11 a.m.
ET at Marlins Park, a source told MLB.com, though the club has not
formally announced the deal.
The monster pact more than triples the Marlins' previously biggest contract -
- six years, $106 million by Jose Reyes (http://www.mlb.com/r/player?
player_id=408314) in 2012. The dollar amount tops Miguel Cabrera
(http://www.mlb.com/r/player?player_id=408234) 's $292 million
extension with the Tigers.
The deal was first reported on Monday by CBSSports.com.
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The agreement includes an opt-out clause for Stanton after six years, which
would be after the 2020 season, the New York Daily News reported.
"This is a landmark day," Marlins owner Jeffrey Loria told MLB.com by
phone. "I'm happy for the city. I'm happy for him. And I'm thrilled for
baseball. We have a player who is committed to us, and we've committed to
him for the life of his career."
The framework of the terms has been in place for a few days, as final
details were being ironed out.
From Miami's perspective, locking up Stanton, who turned 25 on Nov. 8, for
more than a decade is a statement that the Marlins are committed to
fielding a winner, while building around one of the elite young talents in the
game.
With Stanton locked up, the Marlins will turn their attention to other core
players, perhaps extending left fielder Christian Yelich
(http://www.mlb.com/r/player?player_id=592885) and shortstop Adeiny
Hechavarria (http://www.mlb.com/r/player?player_id=588751) .
"There are some other things we want to do," Loria said. "Yelich and Hech
are still out there, and we'll see whether or not they want to join us."
Stanton was a second-round Draft pick by the Marlins out of a Southern
California high school in 2007. With or without a long-term deal, the Marlins
openly said they planned on carrying Stanton through his final two years of
arbitration. The slugger would have been eligible for free agency after
2016.
The twist with the Stanton deal is that the big money is coming from a team
that had MLB's lowest payroll in 2014.
To the Marlins, the slugger is worth it, because his presence has the
potential to be much more than just performance.
Stanton is the most feared power hitter in the game, and an important piece
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to build around for the future. He has a chance to reach power-number
milestones over the course of the deal. That part is known. He already has
154 home runs, which is tied with Dan Uggla
(http://www.mlb.com/r/player?player_id=462564) for the franchise
record.
But off the field, Stanton has a chance to become the face of Miami sports
now that NBA star LeBron James is back in Cleveland. Stanton is an
immediate marketing attraction in hopes of luring in more fan and corporate
support. Increased interest could possibly lead to a revised local television
deal, which right now expires with Fox Sports Florida in 2020.
The Marlins also may look to parlay the signing into getting a naming-rights
deal for Marlins Park, which opened in 2012.
"The importance of this is, it's great for this franchise and the city," Loria
said. "Besides being a terrifice athlete, he's a first-class young man. I've
loved watching him play, but I love this kid. He's just a special young man."
Stanton's profile is certain to rise around town. Already, he was visible at a
major South Florida sporting event, attending the Florida State-University of
Miami football game at Sun Life Stadium on Saturday.
Considered a team on the rise, the Marlins improved by 15 games in 2014,
and they believe they have the pieces to become a playoff contender next
season.
How the contract is structured also is crucial because the club is looking to
surround Stanton with talent. There is risk when one player absorbs a
significant percentage of the overall payroll.
In terms of talent, however, Stanton cemented himself as one of the premier
players in the game.
The natural ability and unparalleled power has always been there, but the
overall consistency hasn't. Injuries plagued him in 2012 and '13, limiting him
to 239 games, or 119.5 games per season.
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Stanton admitted he was distracted by the wholesale changes after the
2012 season. Going through a rebuilding process bothered him. There
wasn't much to cheer about in 2013, especially after Miami finished 62-100.
But from the start of Spring Training this past season, it was clear the
slugger was on a mission, accepting a leadership role both on and off the
field.
Stanton paced the National League in home runs (37) and slugging
percentage (.555), and he was second in RBIs with 105.
Stanton was committed to playing in all 162 games, but that quest was
abruptly derailed on Sept. 11 at Milwaukee, when he was struck in the face
by a Mike Fiers (http://www.mlb.com/r/player?player_id=571666)
fastball. The gruesome injury left the slugger with multiple facial fractures
and substantial dental damage.
If not for his devastating injury, he may have broken the Marlins' season
home run mark of 42, set by Gary Sheffield in 1996.
The big numbers earned Stanton a second-place finish to Clayton
Kershaw (http://www.mlb.com/r/player?player_id=477132) in the NL
MVP race.
Stanton also captured his first NL Silver Slugger Award, and he is the first
Miami player to win the prestigious Hank Aaron Award, which goes to the
best offensive player in each league.
Stanton also is the first Marlin to lead the NL in home runs. Defensively, he
also impressed, becoming a Rawlings Gold Glove Award finalist in right
field.
For all the numbers Stanton was putting up, the lingering question
remained: Would he break the bank when it came to his contract?
While the Marlins made it clear they wanted to build around Stanton well
before the start of 2014, the slugger wanted to table talks until after the
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season.
Before considering a long-term contract, Stanton made it public that he was
seeking franchise stability. His hesitance was understood, because since
his MLB debut in 2010, the organization had gone through five managers
and five hitting coaches, plus sweeping roster changes.
In 2012, for instance, the Marlins went "all in" and boosted payroll to $100
million, only to start breaking things up in July.
The Marlins respected Stanton's wishes to not discuss a contract during the
regular season, but they quickly made it clear their top offseason priority
was keeping the two-time NL All-Star in South Florida for years to come.
Mission accomplished.
Joe Frisaro (mailto:joe.frisaro@mlb.com) is a reporter for MLB.com. He
writes a blog, called The Fish Pond (http://joefrisaro.mlblogs.com/) .
Follow him on Twitter @JoeFrisaro (http://twitter.com/#!/joefrisaro) . This
story was not subject to the approval of Major League Baseball or its clubs.
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