Watch CBS News

AP Source: Stanton Agrees To $325M Deal With Miami

STEVEN WINE, AP Sports Writer

MIAMI (AP) — A person familiar with the negotiations says Miami Marlins slugger Giancarlo Stanton has agreed to terms with the team on a $325 million, 13-year contract. It's the most lucrative deal for an American athlete.

The person spoke to The Associated Press on condition of anonymity because the Marlins hadn't confirmed the agreement Monday. A news conference is planned Wednesday.

The contract tops the $292 million, 10-year deal Miguel Cabrera agreed to with the Detroit Tigers in March. Alex Rodriguez signed the largest previous deal, a $275 million, 10-year contract with the Yankees before the 2008 season.

Stanton, who turned 25 on Nov. 8, is perhaps the game's most feared hitter. He wasn't due to become a free agent until after the 2016 season.

(© Copyright 2014 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed.)

View CBS News In
CBS News App Open
Chrome Safari Continue
Be the first to know
Get browser notifications for breaking news, live events, and exclusive reporting.