The Red Sox and outfielder Mookie Betts have reportedly agreed to a one-year, $27 million deal for the 2020 season, thus avoiding salary arbitration, per ESPN’s Jeff Passan.
Headed into his final year of salary arbitration before becoming a free agent for the first time next winter, the 27-year-old Betts was projected to earn around $27.7 million by MLB Trade Rumors and now comes away with a record-breaking $27 million.
Last year, the Colorado Rockies and All-Star third baseman Nolan Arenado settled on a then-record-breaking $26 million for Arenado’s final year of arbitration eligibility before the two sides ultimately reached agreement on an eight-year, $260 million extension that February.
The news of Betts and the Sox coming to an agreement Friday comes on the same day that all 30 clubs and their eligible players had until 12 PM eastern time to exchange arbitration figures.
Just because Betts is now under contract for the 2020 season does not mean that the groundwork has been laid for a potential contract extension. But, it now gives opposing teams such as the Braves, Cardinals, or Dodgers, a more specific idea of what one year of the All-Star outfielder would cost in any trade conversations.
As we all know, Betts still appears locked in on hitting the open market come this November. If no extension between him and Boston is agreed upon by that time, the Tennessee native will have earned approximately $59.5 million in six full seasons with the Sox before reaching free agency.