Watch CBS News

'My Heart Was Here': Rockies, Nolan Arenado Make $260M Deal Official

SCOTTSDALE, Ariz. (AP) — Nolan Arenado says he wants to spend his entire major league career with the Colorado Rockies and had no desire to become a free agent after this season.

"At the end of the day my heart was here," he said Wednesday, a day after agreeing to a $260 million, eight-year contract.

Nolan Arenado
(credit: CBS)

Arenado's deal has a $32.5 million average annual value, second behind the $34.42 million for pitcher Zack Greinke in a $206.5 million contract with Arizona that began in 2016.

Arenado has a full no-trade provision.

He said he wants to emulate Colorado's Todd Helton and the New York Yankees' Derek Jeter by spending his entire big league career with one team.

Colorado Rockies v Arizona Diamondbacks
PHOENIX, AZ - JULY 20: Third baseman Nolan Arenado #28 of the Colorado Rockies makes a throw to first base on a ground ball by Nick Ahmed #13 of the Arizona Diamondbacks (not pictured) during the third inning of an MLB game at Chase Field on July 20, 2018 in Phoenix, Arizona. (Photo by Ralph Freso/Getty Images)

Arenado says the cold free-agent market the past two seasons wasn't a big factor but "obviously it's in your head."

Manny Machado waited until last week before getting a $300 million, 10-year deal with San Diego, and Bryce Harper remains on the market.

"I don't go off what everyone else is doing. I never have," Arenado said.

He agreed in January to a $26 million, one-year contract with the Rockies. His new deal keeps that salary, calls for $35 million annually from 2020-24, $32 million in 2025 and $27 million in 2026. He must decide after the 2021 season whether to opt in for the remainder of the contract.

He can earn an additional $25,000 each time he is an All-Star or wins a Gold Glove, $50,000 for Silver Slugger, $75,000 for league championship series MVP, $75,000 for World Series MVP, $100,000 for MVP and $50,000 for second through fifth in the voting, and $100,000 for comeback player of the year.

By TIM BOOTH, AP Sports Writer

(© Copyright 2019 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed.)

View CBS News In
CBS News App Open
Chrome Safari Continue
Be the first to know
Get browser notifications for breaking news, live events, and exclusive reporting.