While the full details of Jered Weaver's contract extension with the Los Angeles Angels haven't yet been revealed, we do know that the Angels ace will make $85 million over five years, per Jon Heyman of Sports Illustrated. The contract covers Weaver's final year of arbitration and buys out four years of free agency. The Angels will likely have just under $100 million committed to nine players for 2012.
|Angels 2012 Payroll Commitments
|Source: Cot's Baseball Contracts|
Weaver is making $7.365 million this season in his second year of arbitration. I assumed a raise to $12 million in his final arb year as part of the multi-year contract, leaving $73 million for the four years of free agency that were bought out, an average of $18.25 million per season.
The Angels will also have arbitration raises due Howie Kendrick, Willy Aybar, Alberto Callaspo, and Kendrys Morales, but they also have potential contributors at or near the major league minimum salary in Peter Bourjos, Mark Trumbo, Mike Trout, Jordan Walden, Tyler Chatwood, and others.
For more news and information on Jered Weaver and the Angels, be sure to read Halos Heaven.