The Los Angeles Angels really pulled out all the stops to land slugger Albert Pujols a few weeks ago. Not only did they give him a deal worth $240 million over the next 10 years, they also sweetened that pact with a ton of perks.
Pujols’ contract with the Angels was filed with Major League Baseball and the players’ association on Thursday and it revealed that the three-time National League MVP will get four season tickets to home games for the entire length of his deal.
In addition to that here are some of the other sweeteners added to the contract:
-A hotel suite on road trips.
-A luxury suite at the ballpark for the Pujols Foundation (his charity) for 10 home games a year.
-The right to buy a luxury suite between first base and third base for all home games.
According to reports, the Angels’ offer surpassed that of the St. Louis Cardinals by more than $40 million. That’s insane.
Pujols’ new deal was so complex that it actually included three separate agreements: his normal playing contract, a marketing deal and an agreement to enter a 10-year, personal-services agreement following the contract’s expiration or Pujols’ retirement, whichever comes later. That personal services deal will pay Pujols $1 million per year.
If you include all three agreements Pujols could end up making $268.75 million over 20 years.
The contract is heavily backloaded. Here is the year-by-year breakdown: 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.
Got all of that? Good. If not just remember that Albert Pujols has more money that you do.