The Tigers announced today that they’ve extended infield prospect Colt Keith on a six-year contract with club options for the 2030, 2031, and 2032 seasons. Each club option includes salary escalators. The deal guarantees Keith $28.6425MM and could max out at $82MM over nine years if all three options are escalated and exercised. In addition to a $2MM signing bonus, Keith will earn $2.5MM in salary for the 2024 campaign, $3.5MM in 2025, $4MM per season in 2026 and ’27, and $5MM per season in 2028 and ’29. Before escalators, the 2030 club option is valued at $10MM with a $2.6425MM buyout while the 2031 option is valued at $13MM with a $1MM buyout and the 2032 option is valued at $15MM with a $2MM buyout.
More to come…
This article was originally published by Mlbtraderumors.com. Read the original article here.