Tigers Sign Rookie McGonigle to 8-Year, $150M Extension
Detroit Tigers rookie infielder Kevin McGonigle agreed to an eight-year, $150 million contract extension with the team on Wednesday, securing his services through the 2034 season. The 21-year-old, who made his major league debut on Opening Day this year, becomes the fourth top prospect to sign a major extension early in his career this season.
The deal begins in 2027, following McGonigle's 2026 season on a league-minimum contract of $780,000 in the majors or $127,100 in the minors. It includes a $14 million signing bonus and annual salaries starting at $1 million in 2027, rising to $7 million in 2028, $16 million in 2029, $21 million in 2030, $22 million in 2031, and $23 million each year from 2032 to 2034. Performance-based escalators could boost those final three salaries to $25 million in 2032, $26 million in 2033, and $28 million in 2034, potentially increasing the total value to $160 million. The contract also features a $5 million assignment bonus for each trade to another major league team. It covers the final five years of McGonigle's pre-free agency club control and his first three seasons of potential free agency eligibility.
McGonigle, a left-handed hitter drafted...