However, Arenado is expected to have opt outs in 2021 and 2022, while potentially adding money at the end of his contract. CONTRACT DETAILS • Arenado adds one year onto his contract, now through 2027 • Rockies agree to send $51 million to Cardinals for Arenado’s salary • Arenado waives no-trade clause to facilitate trade, but will attain it back in St. Louis That’s the drama that comes with the opt-out clause built into his contract at the end of the 2021 season as well as the end of the 2022 campaign. The Cardinals acquire a five-time All-Star and eight-time Gold Glove winner, a superstar in even the narrowest definition. Arenado had six years and $199 million remaining on his contract ( … Arenado, 29, likely would waive his no-trade clause to join the Cardinals, and perhaps agree to push back his right to opt out after the 2021 season. Five-time All-Star Nolan Arenado wants to hit the ground running with the St. Louis Cardinals. • Breaking News! John Mozeliak goes from the hottest of seats to the biggest of thrones in one move, and Bill DeWitt Jr. agrees to open the wallet in a big way. As part of his amended … It was a heartwarming day in late February 2019 when, during a press conference to announce his eight-year contract extension with the Colorado Rockies, Nolan Arenado started to get choked up. Nolan Arenado The Cardinals have been involved in rumors for so long that Ernie Broglio was half-expected to be involved in trade negotiations. Arenado had an opt-out clause after the 2021 season, which would let him become a free agent at the age of 30, when he could presumably secure another long … Arenado at the 2016 Major League Baseball All-Star Game. The Cardinals were able to get the Rockies to pay down the remaining $199 million in Arenado’s contract to about $150 million, with Arenado even … The Rockies, to escape his $199 million guarantee over the next six seasons, almost certainly would absorb at least one high-priced veteran from the Cardinals while also receiving prospects in the deal. Additionally, the Cardinals have agreed to restructure Arenado’s mega contract, adding a year onto the back end of the deal (making it run through 2027) with player opt-outs after the ’21 and ’22 seasons. After years of wishful speculation (in the case of Cardinals fans and, seemingly, Arenado), MLB Network’s Ken Rosenthal broke the news Friday night that the Cardinals and Rockies had agreed to a deal, which became official … There are two opt-outs (after 2021 and 2022) in his contract … Nolan Arenado has been traded to the St. Louis Cardinals in exchange for five players, and the Cardinals finally get their man and then some for this dream scenario trade. Arenado has agreed to relinquish his no-trade clause in exchange for another year tacked on to his contract. The only possible one is Carlos Martinez , who makes $11.7m. As an enticement for Arenado, the Cardinals added a few extra perks to his contract, including an extra opt-out clause and an extra year for $15 million at the back end. Matt Carpenter is owed $18.5 million this season and has an $18.5 million option for 2022 with a $2 million buyout, while … If he opts out, the Rocky Mountains will pay him $ 20 million directly. Arenado could decline physically in his Age 30 year, and he can opt out of his contract after the 2021 or 2022 seasons. The Cardinals have the financial resources to afford the $234 million remaining on Arenado’s contract over the next seven years, although Arenado could … As compensation for waiving his no-trade clause to facilitate the trade to St. Louis, Arenado will be paid $15 million in 2027. Just a couple weeks before Spring Training 2021 is set to begin, it appears that one lucky team will be getting a star third baseman. Arenado’s contract was amended when the all-star third baseman was traded, adding a $15 million salary for 2027 to leave him owed $214 million over seven seasons by … It looks like a very interesting trade, with the Cardinals apparently coming out on top … It sounds as if the Cardinals are not going to give up any of their best players or top prospects. The St. Louis Cardinals are finalizing a trade to acquire star third baseman Nolan Arenado from the Colorado Rockies, sources confirmed to ESPN on Friday. After years of hopeful speculation (in the case of Cardinals fans, and seemingly Arenado), MLB Network’s Ken Rosenthal released the news on Friday night. “It just hit me right now when I saw all my teammates come in. On Monday, the Cardinals and Colorado Rockies finalized a trade that sends five-time All-Star third baseman Nolan Arenado to St. Louis. Cardinals' Nolan Arenado: Goes deep in win. Arenado's deal tacked on $15 million to the $214 million owed to him by the St. Louis Cardinals over the next seven seasons. The contract allows Arenado to opt out after the 2021 season. In re-signing pitching paragon Adam Wainwright to a one-year contract for 2021, the Cardinals did the right thing, the good thing, the obvious thing -- and one of their favorite things. The opt out allows him to walk away after the season. Nolan Arenado has a chance to be one of the top players in next year’s MLB free agent class. Adam Wainwright, who signed earlier this week, was the first player the Cardinals inked to a major league contract all offseason. Arenado envisions a long-term stay in St. Louis (0:46) Nolan Arenado reflects on his time with Rockies and looks towards the future with the Cardinals. Adding Arenado changes that. The Colorado Rockies have agreed to trade Nolan Arenado to the St. Louis Cardinals, according to The Athletic’s Ken Rosenthal. Arenado went 2-for-5 with two runs scored and two RBI. Nolan Arenado #28 of the St. Louis Cardinals makes a play during the fourth inning against the Washington Nationals at Busch Stadium on April 12, 2021 in St. Louis, Missouri. ST. LOUIS — As the time passed after the news broke that the Cardinals were in the process of trading for Nolan Arenado, team chairman Bill … Arenado’s deal tacked on $15 million to the $214 million owed to him by the St. Louis Cardinals over the next seven seasons. On the other side, this is a weird move for the Rockies. Fans … If he still has this contract, the money will be sent to the Cardinal, who will pay it to Arenado. February 4, 2021. Via Ken Rosenthal of The Athletic, Nolan Arenado has been acquired by the St. Louis Cardinals. The Cardinals completed a six-player trade for Arenado on Monday, sending left-hander Austin Gomber, right-handers Tony Locey and Jake Sommers and infielders Mateo Gil and Elehuris Montero. St. Nolan Arenado’s golden era in Colorado is close to its end. Colorado also sent a reported $35 million, according to MLB Network's Jon Morosi, to St. Louis to cover a portion of the remainder of Arenado's contract. So, the Cardinals, in essence, get Arenado on a six-year, $149-million deal. The Cardinals acquired Arenado, generally regarded as the best third baseman in baseball, in exchange for left-handed pitcher Austin Gomber and four minor leaguers. Nolan Arenado, the five-time All-Star and career-long Colorado Rockies third baseman, will be traded to the St. Louis Cardinals. Before the 2019 season, Arenado signed an eight-year, $260 million deal … The Athletic’s Ken Rosenthal first reported the agreement Friday, and the trade became official Monday night, ending a relationship intended to be long term that instead soured across consecutive fourth-place finishes in the National League West. ESPN MLB Insider Jeff Passan first reported that the Colorado Rockies have traded INF Nolan Arenado to the St. Louis Cardinals. Nolan Arenado eyed Cardinals long before Rockies departure. ST. LOUIS (KMOX) - The St. Louis Cardinals have a new superstar in five-time All-Star third baseman Nolan Arenado and he says he's not worried about having to use either of the two chances in his contract to leave St. Louis. Nolan Arenado, the five-time All-Star and career-long Colorado Rockies third baseman, will be traded to the St. Louis Cardinals. Arenado could decline physically in his Age 30 year, and he can opt out of his contract after the 2021 or 2022 seasons. The coronavirus pandemic, however, dramatically changed baseball’s financial landscape and could alter Arenado’s decision to opt out. Arenado requested a trade and, long coveted by the Cardinals, helped compel one to happen this winter. Arenado is due $199 million over the next six years. The facts are that Arenado is in the midst of a long-term contract that now marries him to the Cardinals through 2027, his age 36 season. He was named NL co-Player of the Week with Harper for April 18 after leading the NL with four home runs and 12 RBI. The Rockies will also ship over $50 MM to the Cardinals in a deal that is essentially a salary dump. The coronavirus pandemic, however, dramatically changed baseball’s financial landscape and could alter Arenado’s decision to opt out. Nolan Arenado has opt-out clauses after the 2021 and 2022 seasons as part of his reworked deal with the St. Louis Cardinals.. Here’s why the St. Louis Cardinals should wait 2 years for Nolan Arenado. Newly-acquired St. Louis Cardinals third baseman Nolan Arenado. In a deal long anticipated the Colorado Rockies have traded third baseman Nolan Arenado to the St. Louis Cardinals. As an enticement for Arenado, the Cardinals added a few extra perks to his contract, including an extra opt-out clause and an extra year for $15 million at the back end. It’s official, folks. In his introductory press conference with local and national media since the blockbuster trade, which you can watch below, Arenado assured fans that he's not going anywhere. "I'm very thankful to be a Cardinal," Arenado said Tuesday in his Zoom-call welcome to St. Louis. A $15 MM add on. Apr 13 2018 Suspended 5 games for his role in a brawl against San Diego (SD), forfeiting $477,150 in 2018 salary with Colorado (COL) Jan 13 2017 Signed a 2 year $29.5 million contract with Colorado (COL), avoiding arbitration. The Cardinals acquired: Nolan Arenado; $15M for Arenado’s 2021 salary; $15M for an extension on Arenado’s contract, covering his salary for the 2027 season; $20M- the remainder of his 2021 salary- deferred to the other years of the contract if he doesn’t opt out. The Cardinals have emerged in recent days as a viable suitor in the Nolan Arenado trade discussions, multiple sources said Sunday. Nolan Arenado and the Cardinals have been connected in rumors for so long, you half expected Ernie Broglio to have once been involved in trade negotiations. Colorado is expected to cover approximately $50 million of the $199 million remaining on Arenado's contract, including all of his $35 million salary for 2021. Areando retains his opt-out after the 2021 season and now acquires one after the 2022 season, as well. Arenado is the latest established star acquired by St. Louis in his prime. Arenado had an opt-out clause after the 2021 season, which would let him become a free agent at the age of 30, when he could presumably secure another long … The prospects they acquired all come with some nice upside but many people were expecting more, especially for a franchise talent like Arenado. Arenado went 1-for-4 with a two-run home run in Thursday's 3-2 win over the Cubs. The Rockies also agreed to send the Cardinals as much as $50 million, depending on whether Arenado stays in St. Louis for the seven years left on his contract. The Rockies ultimately will pay $50 million of Arenado’s remaining contract … As a creature of habit and a defensive whiz, such adaptations usually occur seamlessly. The Cardinals completed a six-player trade for Arenado on Monday, sending left-hander Austin Gomber, right-handers Tony Locey and Jake Sommers and infielders Mateo Gil and Elehuris Montero. The contract allows Arenado to opt out after the 2021 season. He will make $179 million between 2022 and 2027, and all of that will be paid by St. Louis. The Rockies are sending around $50 million in cash to the Cardinals over the life of the contract, and they are paying $15 million of Arenado’s $35 million salary for the 2021 season. But think of the trade this way–the Cardinals essentially signed Nolan Arenado to a seven-year, $164 million (his remaining $199 million over six years, plus $15 million for 2027, less $50 million from the Rockies) contract. The Rockies actually tried to trade Arenado a year ago, but there was minimal interest with his massive contract. Colorado’s central objective is to shed their payroll amount. He doesn't plan on using them. St. Louis Cardinals pull off Nolan Arenado blockbuster: What can they expect from their new star? When Nolan Arenado signed his eight-year contract extension with the Colorado Rockies in spring training of 2019, it appeared he would spend the rest of his career in a Rockies uniform. On Monday, the Cardinals and Colorado Rockies finalized a trade that sends five-time All-Star third baseman Nolan Arenado to St. Louis. The trade required major changes to Arenado’s contract, including adding an additional year guaranteed at $15 million in exchange for Arenado agreeing to defer money over the length of his deal with St. Louis. Also, should Arenado opt to depart, the Cardinals would have massive payroll flexibility for reloading. One source said the Rockies and Cardinals have engaged in “preliminary” trade negotiations regarding Arenado, the five-time All-Star third baseman and seven-time National League Gold Glove Award winner. Nolan Arenado has opt-out clauses after the 2021 and 2022 seasons as part of his reworked deal with the St. Louis Cardinals.. The Cardinals are in Denver through the weekend, so fans will have three more days to cheer Arenado after Thursday. For all intents and purposes, Arenado is an impending free agent, it's just that his contract for 2022 and beyond has already been negotiated. There is risk in this trade for the Cardinals. He’s still owed $199 million over the last six years of his contract, money he likely wouldn’t be able to make on the open market now. And a one-year deal -- even for an aging star -- carries a trifling amount of risk. Nolan Arenado’s contract was considered team-friendly at the time of his signing, but it’ll pay out by the end of its duration. Arenado will retain his no-trade clause, too, a source told MLB.com’s Mark Feinsand. The ’22 opt-out was one of the concessions that were made to get the deal done. The Athletic’s Ken Rosenthal first reported the agreement Friday, and the trade became official Monday night, ending a relationship intended to be long term that instead soured across consecutive fourth-place finishes in the National League West. The Cardinals don’t have any readily-tradeable asset that could give them some payroll room to onboard Arenado’s salary. The Rockies are sending around $50 million in cash to the Cardinals over the life of the contract, and they are paying $15 million of Arenado’s $35 million salary for the 2021 season. St. Louis' six-player trade for Colorado Rockies third baseman Nolan Arenado was finalized on Sunday night, the Cardinals announced. Nolan Arenado Hits His First Cardinals Home Run. By Cole Claybourn Feb 2, 2021. Nolan Arenado, 8-Time Gold Glove Winner, Traded to Cardinals in 6-Player Deal. The St. Louis Cardinals are rumored to be pursuing star third baseman Nolan Arenado. That makes Arenado’s contract nine years for $275 million. News of a pending trade that will send star third baseman Nolan Arenado to St. Louis hit Rockies fans hard. "I'm very thankful to be a Cardinal," Arenado said Tuesday in his Zoom-call welcome to St. Louis. Nolan Arenado and the Cardinals decide to be together. Cards management made a pragmatic deal, and got an essential player to take the hometown discount. He doesn't plan on using them. Arenado and the Rockies avoided salary arbitration on January 15, 2016, agreeing to a one-year, $5 million contract, a raise from $512,000 in 2015. Financially, the Cardinals can probably swing it as long as they don’t have to take on the full six years and $199 million on Arenado’s contract (particularly in 2021 – maybe that’s where they send out Carpenter’s contract). From 2015 to 2019, Arenado hit … Areando retains his opt-out after the 2021 season and now acquires one after the 2022 season, as well. The Cardinals also added one year to his existing contract, which means he's now signed through the 2027 season. The trade was not approved right away because Arenado was required to formally waive his no-trade clause. St Louis Cardinals to add Nolan Arenado from Colorado in major trade. The Athletic’s Ken Rosenthal first reported the agreement Friday, and the trade became official Monday night, ending a relationship intended to be long term that instead soured across consecutive fourth-place finishes in the National League West. The Twittersphere lit up with the fans’ shock, anger and disbelief late Friday as word spread that one of the best players in franchise history — a player in his prime at age 29 — could soon be wearing Cardinals red. Another concession was adding one year and $15 million guaranteed to the end of Arenado’s contract. While he would likely improve the team, it probably won’t reap the rewards many expect. • Arenado, who has an opt-out clause after 2021, now gets an additional opt-out after the 2022 season. However, the Cardinals were surely an appealing destination to Arenado as a contender. Arenado is the latest established star acquired by St. Louis in his prime. Mark McGwire came over from Oakland in July 1997 and agreed two months later to a $28.5 million, three-year contract rather than test the open market. Jim Edmonds was obtained from the Angels in March 2000 and reached a $57 million, six-year deal that May. Colorado traded Arenado to the … With Arenado agreeing to waive his no-trade clause, the Rockies traded their franchise icon to the St. Louis Cardinals in a blockbuster deal. (AP Photo/Jack Dempsey) It almost made too much sense. After years of courtship, months of maneuvering, and 10 days or so of intense, detailed negotiation, Nolan Arenado was finally introduced as the newest St. Louis Cardinal Tuesday. St. Louis Cardinals third baseman Nolan Arenado hit his first home run as a Cardinal in Saturday's loss to the Reds. DENVER — Nolan Arenado hasn’t expressed this much optimism since signing his $260 million contract with Colorado two years ago. If the Cardinals do find a trade partner for Carlos Martinez, that's $17 million. A deal for Nolan Arenado has too many moving parts. Asked how long it took him to feel comfortable in his new hot corner after he made his first truly sensational catch of the season on April 27, Cardinals third baseman Nolan Arenado said it didn’t take him much, if any, time. He’s still owed $199 million over the last six years of his contract, money he likely wouldn’t be able to make on the open market now. Five-time All-Star Nolan Arenado wants to hit the ground running with the St. Louis Cardinals. Finally, if Arenado doesn’t opt out, the Rocky Mountains will be a $ 16 million hook to be paid in 2027. In order to take on Arenado's contract, the Cardinals would likely require the Rockies to take back a contract or two in the deal. The blockbuster contract Arenado referenced in his comments is now a new seven-year, $214 million contract with the Cardinals. That's a hefty contract to take on. Nolan Arenado, the five-time All-Star and career-long Colorado Rockies third baseman, will be traded to the St. Louis Cardinals. Jan 15 2016 Signed a 1 year $5 million contract with Colorado (COL), avoiding arbitration. Additionally, the Cardinals have agreed to restructure Arenado’s mega contract, adding a year onto the back end of the deal (making it run through 2027) with player opt-outs after the ’21 and ’22 seasons. His homer came in the ninth inning, leaving Arenado with an even .400 batting average and a 1.100 OPS in the early going. There is risk in this trade for the Cardinals. Arenado’s deal tacked on $15 million to the $214 million owed to him by the St. Louis Cardinals over the next seven seasons. Arenado will retain his no-trade clause, too, a source told MLB.com’s Mark Feinsand. ... Arenado’s contract called for salaries of $35m annually from 2021-24, … The Athletic, Nolan Arenado trade discussions, multiple sources said Sunday an even.400 average... 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