The Rangers are going all out on the free agency market this offseason.
Texas has agreed to a deal with former Dodgers shortstop Corey Seager, one of the most prominent free agents available. The Rangers will now feature a middle-infield duo of Seager and Marcus Semien after they signed the latter to a seven-year, $175 million contract on Sunday. In addition to the middle-infield pairing, Texas also signed right-hander Jon Gray to a four-year, $56 million contract.
Seager was instrumental for the Dodgers, winning World Series MVP in 2020 when the team finally won it all. He was one of the team’s best hitters this season, slashing .306/.394/.521 with 16 home runs. In 636 career games with Los Angeles, he has a slash line of .297/.367/.521 with 104 homers.
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Here are the details on how much he’ll be making in Texas:
Corey Seager contract details
ESPN’s Jeff Passan reports Seager will receive $325 million in his 10-year deal.
Unlike some other megadeals in the past, there are no opt-outs in his contract: Barring a trade, Seager will remain in a Rangers uniform for the next 10 years, according to The Athletic’s Ken Rosenthal. In addition, Seager will also receive a $5 million signing bonus and a limited no-trade clause in his contract, according to MLB Network’s Jon Heyman.
Even without the opt-out for the 27-year-old Seager, having 10 years guaranteed through his age 37 season is plenty of time to earn big bucks. He’ll average $32.5 million per year, well more than some of the other massive contracts handed out to free agents in the past.
MORE: MLB free agency tracker
While it’s a blow to the Dodgers not to be able to retain him, they were likely to have an uphill battle in matching that type of return. As former MLB executive and current Fangraphs writer Kevin Goldstein pointed out, the difference in state taxes between California and Texas already set the two sides up for a larger divide in what could be offered:
When you get into these giant numbers, state taxes, or the lack thereof, can make a big difference. The Dodgers could have offered $350m+ and it would still be less money in Seager’s pockets.
— Kevin Goldstein (@Kevin_Goldstein) November 29, 2021
Largest free agent contracts
There have been some major contracts signed by players in free agency over the past couple years, but few can compare to Seager’s deal.
Here are the largest free agent contracts signed in MLB history (does not include extensions).
|Bryce Harper||Phillies||2019||13||$330 million|
|Corey Seager||Rangers||2022||10||$325 million|
|Gerrit Cole||Yankees||2020||9||$324 million|
|Manny Machado||Padres||2019||10||$300 million|
|Alex Rodriguez||Yankees||2008||10||$275 million|
|Alex Rodriguez||Rangers||2001||10||$252 million|
|Anthony Rendon||Angels||2020||7||$245 million|
|Stephen Strasburg||Nationals||2020||7||$245 million|
|Albert Pujols||Angels||2012||10||$240 million|
|Robinson Cano||Mariners||2014||10||$240 million|
Seager’s deal is already the second-largest free agent contract in total value in MLB history. Among shortstops, he’s getting paid right up among the biggest names. The Mets extended Francisco Lindor on a 10-year, $341 million contract, while the Padres locked up Fernando Tatis Jr. longterm with a 14-year, $340 million extension.
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Corey Seager career earnings
This is the first big deal of Seager’s career. He has previously received his money through arbitration with the Dodgers, with his largest year having come last season: He was paid $13.7 million, according to Spotrac. All told, Seager has made $24.69 million in his career, per Spotrac.
This isn’t the first big deal in his family, however. His brother, Kyle Seager, signed a seven-year, $100 million extension with the Mariners back in 2014. According to ESPN Stats & Info, they are the first two brothers to both sign on to separate $100 million deals.
The Rangers are the first team to commit half a billion dollars on two or fewer players in a single offseason.
The Seagers also become the first brothers to sign $100M deals in their MLB careers. https://t.co/YT0MoMPWak pic.twitter.com/tr3cVA6SjN
— ESPN Stats & Info (@ESPNStatsInfo) November 29, 2021