Chris Sale is going to be sticking around in Boston for a long time, as he and the Red Sox have officially reached an agreement on a five-year contract extension. The details of Sale's deal have been revealed piece by piece, and he's set to make an absolute ton of dough.
Sale's contract is for five seasons but includes both an opt-out after the third season and a sixth-year option worth $20 million, according to ESPN's Jeff Passan. Sale is due to make $30 million each year for the first three seasons, followed by two years at $27.5 million per annum.
The breakdown of Chris Sale’s five-year, $145M extension front-loads the money. Year-by-year: $30M, $30M, $30M, $27.5M, $27.5M. It’s has the highest AAV for an extension and has escalators from 2021-24 and in the vesting option based on Cy Young finishes.— Jeff Passan (@JeffPassan) March 23, 2019
Sale's deal has the highest annual average value ($26.7 million) for a contract extension and features escalators from 2021-24 that could see him earn even more money.
Ken Rosenthal of The Athletic reported that the Red Sox are expected to announce his deal as a six-year, $160 million deal in order to reduce his AAV and lower their payroll to keep them out of the luxury tax. The extension will see Sale pocket more than $200 million in career earnings.
#RedSox expected to announce Sale deal as six years, $160M, including this year’s $15M salary and lowering AAV to $26.7M, which will help with luxury-tax payroll. With extension, Sale will top $200M in career earnings.— Ken Rosenthal (@Ken_Rosenthal) March 23, 2019
In two seasons in Boston, Sale has a record of 29-12 with a 2.56 ERA, 0.92 WHIP, 545 strikeouts and 372.1 innings pitched across 59 starts.