The Colorado Rockies and Nolan Arenado are finalizing a contract extension for eight years and $260 million according to ESPN’s Jeff Passan.
The deal includes a full no-trade clause and an opt out after three seasons for Arenado. Arenado was set to become a free agent after the 2019 season.
Nolan Arenado’s deal with the Colorado Rockies will run through 2026, though the opt-out clause after the third season would allow him to hit free agency at 30 years old, sources tell ESPN. The eighth year and record-breaking AAV offered by the Rockies got this deal done.
— Jeff Passan (@JeffPassan) February 26, 2019
The 27-year-old Arenado has hit for a .291 average with 38 home runs and 110 RBI in his six-year career. He has made four All-Star teams, won four Silver Sluggers and six Gold Gloves in his career.
Arenado has helped lead the Rockies to winning records in the last two seasons. Last season, they lost in the NLDS to the Milwaukee Brewers.