Xander Bogaerts contract is 7th-largest for free agent ever, would have set Red Sox record by $63M
Xander Bogaerts massive new contract with the Padres shocked virtually everyone in baseball late Wednesday night. After missing out on both Aaron Judge and Trea Turner despite offering them more money than they ultimately took from the Yankees and Phillies, respectively, San Diego made a Godfather offer to the longtime Red Sox shortstop. The deal is for 11 years and $280 million, according to multiple reports.
Here are some details about Bogaerts deal:
* It comes with a $25.45 million per year average annual value, which is a raise from the $20 million AAV he made in the last three seasons with the Red Sox. Enter your email address here to receive the Fenway Rundown email newsletter in your inbox every Wednesday.
* It includes a full no-trade clause that allows Bogaerts to veto a trade to any team. He had the same provision in Boston due to a clause in his 2019 contract that allowed him to receive full no-trade rights when he reached seven years of service time. That happened in 2020.
* The deal also does not include any opt-out clauses. In 2019, when agent Scott Boras negotiated Bogaerts six-year, $120 million extension with the Red Sox, he insisted upon an opt-out clause after the third year (2022). Bogaerts cant leave San Diego to test the free agent market again before 2032.
* Bogaerts deal will expire when hes 41. He just turned 30 in October and will turn 41 in Oct. 2032, when the deal expires. Effectively, it will keep him in San Diego for the rest of his career, barring a trade he would have to approve.RELATED: Interested in sports betting? Sign up for news, advice and promos with our free newsletter
* Bogaerts deal is the seventh-largest free agent contract in MLB history and the third-biggest of this winter so far. Judges nine-year, $360 pact with New York and Turners 11-year, $300 million contract with the Phillies were larger. Turner got an AAV of $27.27 million, nearly $2 million more than Bogaerts did.
* The contract is the 12th-biggest deal in MLB history between extensions and free agent contracts. Mookie Betts holds that record for his 12-year, $365 million extension with the Dodgers.
* Bogaerts deal is worth $63 million more than the biggest total contract in Red Sox history. That was David Prices seven-year, $217 million deal in 2016. The Red Sox have given out a couple deals with a higher AAV, like Prices contract ($31 million), a one-year arbitration deal with Betts in 2020 ($27 million) and Chris Sales 2019 extension ($25.6 million).