St. Louis Cardinals are about to finalize a trade to get back star third baseman Nolan Arenado from the Colorado Rockies. Nolan Arenado traded to Cardinals from the Rockies and STL gets $50M in a deal, sources confirmed on Friday.
Nolan Arenado traded to Cardinals
The Rockies are expected to spend almost $50 million to cover a portion of the six years and $199 million remaining on Arenado’s contract because the bargain involves a significant amount of money as well as Arenado also waiving his no-trade clause and deferring money, the expected deal is not yet official.
The rest of the hurdles are expected to be just procedural, and with the Major League Baseball, Arenado’s approval, and the MLB Players Association, the long-talked-about trade would be expected to become a reality.
The return for the Rockies is not expected to be significant, with pitcher Austin Gomber and low-level prospects among the players who have been discussed.
Arenado, who is just 29, has also won a Gold Glove in each of his eight seasons with the Rockies, where he developed into one of the best players in baseball up till now. He signed an eight-year, $260 million extension with the Rockies, before the 2019 season, who drafted him in 2009 and were committing to build a contender around him.
The team almost immediately struggled, frustrating Arenado and carving the path for a deal to St. Louis, which tried to trade for him before the 2020 season and finally succeeded a year later.
The market for Arenado wasn’t altogether robust because of the significant money remaining on his deal. For months, the Cardinals and Rockies haggled before coming to an agreement Friday night.
The Cardinals get an across-the-diamond complement to first baseman Paul Goldschmidt, another veteran right-handed hitter they acquired via trade, in Arenado.
The Cardinals locked up longtime starter Adam Wainwright on an $8 million deal on Thursday, and longtime catcher Yadier Molina has indicated in recent days he is likely to return to the Cardinals, particularly if they could acquire Arenado, sources said.
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