The Register Citizen (Torrington, CT)
Rodriguez, Mariners agree to deal worth up to $309M
SEATTLE — Julio Rodriguez and the Seattle Mariners are set on a long-term relationship in the Pacific Northwest, agreeing to a $209.3 million, 12-year contract starting next season that would be worth $469.6 million over 17 years if he wins two MVP awards.
The deal announced Friday for the 21-year-old All-Star outfielder includes seven seasons. a five-year player option, an eight-year club option with award escalators and the possibility the option could extend to 10 years.
If the club option is execised, the deal would be worth $309.3 million for 12 years. If Rodriguez earns two MVP awards by 2028 or finishes among the top five in voting four times, the deal would boost to $469.6 million, including postseason award bonuses.
If Seattle turns down a one-time team option for 2030-37 — which must be exercised after the 2028 World Series — there is a mutual option that could be exercised after the 2029 Series calling for $168 million from 2030-36. There also is a player option that guarantees $90 million from 2030-34.
“Julio is among the most exciting players in the game and has only scratched the surface of what’s to come,” Seattle president of baseball operations Jerry Dipoto said in a statement.
“We feel the uniqueness of this deal befits the person. His infectious personality and ability on the field are only surpassed by his character away from it. We are thrilled that generations of Mariners fans will have the privilege of watching him play in T-Mobile Park for many years to come.”
Rodriguez’s contract is baseball’s 26th for $200 million or more. The deal for the All-Star rookie includes a $15.3 million signing bonus payable within 60 days and salaries of $4 million next year, $10 million and $18 million annually from 2025-29. He gets a full no-trade provision.
Seattle’s option calls for $25 million annual salaries from 2030-37. Rodriguez has a player option that could be exercised after the 2029 World Series, a provision calling for $18 million annually from 2030-34. There is a mutual option that could add $168 million from 2030-36.
His salary as a rookie is the $700,000 minimum.
“He’s learned a lot over the last 4 five months about Major League Baseball and things he needed to work on and continue to improve upon,” Seattle manager Scott Servais said Friday. “Really good teammate. I mean, you can go on and on describing where he’s at. But there’s a lot of baseball, really good baseball ahead of him and I know that’s what excites me and the organization.”
Rodriguez has become a star in his first season with the Mariners. He blossomed from starting spring training as the possible opening day starter in center field to an All-Star in his first season.
Rodriguez is hitting .267 with 20 home runs, 64 RBIs, 23 stolen bases and an OPS of .793. When he homered on Wednesday, Rodriguez became the fastest player in American League history to reach the mark of 20 homers and 20 stolen bases, surpassing Mike Trout.
Rodriguez is the leading candidate for the AL Rookie of the Year and has helped Seattle be in playoff position entering the final stretch of the regular season with a chance to end the longest postseason drought in major pro spots
“I was fortunate enough, I worked for the Angels a little bit when Mike Trout was coming on board there and Mike’s the greatest player in the last decade without a doubt,” Servais said.
“Julio has got a lot ahead of him, but they’re similar. Personalities are much different but on the field they’re very similar talents They’re five-tool players. They can run, throw. They have power. … I’m just looking forward to having him as part of the organization for a long, long time.”
If Rodriguez wins two or more MVP awards and finishes among the top five in MVP voting in four years, the salaries for the club option years would
increase to $35 million and the option would extend to cover the 2038 and 2039 seasons. For one MVP award along with one additional top five finish or three top five finishes, the option salaries would increase to $35 million without the 2038 and ‘39 seasons triggered.
For four top 10 MVP finishes, the option prices would increase to $32.5 million and the for two top 10 finishes, the option price would go up to $30 million.
If the club option is declined, the deal includes a mutual option that could be exercised after the 2029 World Series and call for $24 million annially from 2030-36.
If both the team option and mutual option are turned down, Rodriguez has a player option that could be exercised after the 2029 World Series, a provision callng for $18 million annually from 2030-34.
The player option salaries would escalate to $25 million annually for one MVP award and two AllStar selections or elections, $22 million for 10 combined All-Star elections or selections and Silver Slugger wins, and $20 million for eight combined All-Star elections or selections and Silver Slugger wins.
Rodriguez has yearly award bonuses of $150,000 for MVP, $100,000 for World Series MVP, $50,000 each for League Championship Series MVP, Silver Slugger and Gold Glove, $50,000 for All-Star election and $25,000 for AllStar selection.