Albert Pujols' $240 Million Contract Broken Down | Robert Littal Presents BlackSportsOnline

Albert Pujols’ $240 Million Contract Broken Down..Might Be Best Contract of ALL TIME

by Robert Littal | Posted on Thursday, January 5th, 2012

Never had a problem with Pujols leaving.

Issue was with his wife saying God was mad at the Cardinals offered a mere $210 million and Pujols saying it wasn’t about the money.

Don’t insult my intelligence.

Looking at this deal I would have left too.

A breakdown of Albert Pujols’ 10-year guaranteed contract with the Angels, with additional provisions:

Salary
2012: $12 million; 2013: $16 million
2014: $23 million; 2015: $24 million
2016: $25 million; 2017: $26 million
2018: $27 million; 2019: $28 million
2020: $29 million; 2021: $30 million

Personal services agreement
Sides agree that after the expiration of the contract or Pujols’ retirement as a player, they will enter into a 10-year personal services relationship and Pujols will be paid $1 million annually.

Milestone accomplishments
The sides agree they will enter into a separate marketing agreement in which Pujols will be paid for the promotion and marketing of specified milestone accomplishments. Among them are a $3 million payment for 3,000 hits and a $7 million payment for 763 home runs.

Award Bonuses
Most Valuable Player: $500,000
MVP second or third place: $75,000
Gold Glove: $75,000
Silver Slugger: $75,000
All-Star election or selection: $50,000
World Series MVP: $100,000
ALCS MVP: $75,000

Other perks include:

• A hotel suite on road trips.

• A luxury suite at the ballpark for the Pujols Foundation, his charitable group, for 10 home games a year.

• The right to buy a luxury suite between first base and third base for all home games.

 

About the Author

Founder of BlackSportsOnline and BonaFide Media. @BlackSportsOnline. Email Robert


Displaying 3 Comments
Add Your Comment
  1. HarlemWorld4eva says:

    Boss status!

  2. May Hemmingway says:

    Good deal for Albert. Terrible deal for the Angels

  3. Jasmin Lopez says:

    More money for an athlete as they get older? Hmmm.

Leave a comment

XHTML: You can use these html tags: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>

Current day month ye@r *



BlackSportsOnline