Continue Reading Below
Betts, 27, was the centerpiece of a blockbuster trade Tuesday between the Dodgers and his former team, the Boston Red Sox. A four-time All-Star selection and the 2018 American League MVP, Betts was awarded a $27 million salary for the 2020 season in arbitration this offseason.
The Dodgers traded for Betts without any guarantee that he will re-sign with the team in his final season before free agency. Betts is projected to sign a 10-year, $351.7 million contract after the 2020 season, according to Spotrac, which calculates a player’s market value based on their age, on-field production and deals awarded to players with similar statistical output.
A $350 million contract would establish Betts as one of the highest-paid players in U.S. sports, but it may be a conservative estimate. Competition for Betts’ services could push his contract’s value beyond $400 million, ESPN reported.
Only one player in MLB history has signed a contract with a total value in excess of $400 million. Los Angeles Angels outfielder Mike Trout signed a 13-year contract extension worth $426.5 million prior to the 2019 season.
Other comparable contracts include Bryce Harper’s deal with the Philadelphia Phillies, worth a cumulative $330 million, and Giancarlo Stanton’s deal with the New York Yankees, worth $325 million.
The Red Sox shipped Betts and starting pitcher David Price to the Dodgers in exchange for prospects, including highly touted outfielder Alex Verdugo.
Since his MLB debut in 2014, Betts has accounted for 42 wins above replacement – a statistic that measures a player’s contributions on offense and defense relative to a replacement-level player.
Betts hit .295 with 29 home runs and 80 RBIs during the 2019 season.