Arenado's deal is the second financial splash by mid-market NL West teams during spring training after Manny Machado landed a $300 million, 10-year deal with San Diego.
Arenado has been a key ingredient to the Rockies turnaround since his arrival with the organization.
Nolan Arenado likes where he's at and the direction the Colorado Rockies are headed.
Bryce Harper and his Agent, Scott Boras, will ask for a lot more per season than what Arenado is making, and that should be scary for every team involved.
Arenado and the Rockies came to an agreement on an eight-year, $260 million contract, according to The Athletic's Ken Rosenthal, a record-setting deal that will pay him on average $32.5 million per year.
CONFIRMED Manchester United and Liverpool Lineups: No Martial, Milner Starts
The Liverpool captain was taken off late in the second half for Xherdan Shaqiri . And surprise surprise, they've already started blaming the ref.
That hasn't been lost on Arenado, who recently said: "There are some really good baseball players out there, and it is insane to think some of these teams don't need them". Only Zack Greinke ($34.4 million) has a higher average annual salary. "Our high price or All-Star players need to be on the field".
"I don't think it was a coincidence", Harding said of the timing of the signing. "He plays so hard, jumping into the stands, sliding into first base in the WBC, he didn't want to have to have that thought in his head ever, that third gear, that pumping the of the brakes, which is natural sometimes for players in their walk years". Machado and Harper are 26, two years younger than Arenado would have been when he hit free agency, and teams are increasingly hesitant to offer long-term deals that would tether them to players into their mid-30s and beyond.
Arenado was expected to be one of the biggest free agents on the market next season but the Rockies ensured it would not be the case after agreeing to terms over an extension on Tuesday.
Arenado is one of the best all-around players in baseball, a four-time all-star and six-time Gold Glove victor who is the face of a Rockies franchise that has earned a wild-card playoff berth in each of the past two seasons. His new deal keeps that salary and calls for $35 million annually from 2020-24, $32 million in 2025 and $27 million in 2026.
"I grew up here in this organisation, so it feels like home in a way".