Josh Hamilton and Texas Rangers agree to $24 million contract

43349.jpegAmerican League MVP Josh Hamilton and the Texas Rangers agreed Thursday to a two-year, $24 million contract that avoids an arbitration hearing next week.

The outfielder gets a $3 million signing bonus, a $7.25 million salary this year and $13.75 million in 2012, according to Washington Post.

Hamilton was seeking $12 million a year, with an arbitration hearing scheduled for Feb. 14, while the Rangers were offering $8.7 million per season. The Rangers haven't gone to arbitration with a player since 2000, Bloomberg says.

The deal, four days before a scheduled arbitration hearing, covers his last two arbitration-eligible seasons. Hamilton can become a free agent after the 2012 World Series.

A three-time All-Star outfielder and former No. 1 overall draft pick, Hamilton has a .311 career average with 93 homers and 331 RBIs in 468 major-league games. It's been an incredible comeback for a player whose career was derailed by cocaine and alcohol addictions after he got hurt in the minors.

Hamilton, 29, made his major-league debut with Cincinnati in 2007, and he flourished after being traded to Texas. Hamilton hit a major league-leading .359 last season with 32 homers and 100 RBIs despite missing most of the final month of the regular season because of broken ribs, Kansas City Star reports.


Subscribe to Pravda.Ru Telegram channel, Facebook, RSS!

Author`s name Editorial Team