Miggy might have every reason to smile if this extension rumor proves to be true. (Scott Rovak-USA TODAY Sports)

Detroit Tigers agree with Miguel Cabrera on contract extension

Appears the Detroit Tigers and two-time defending AL MVP Miguel Cabrera have agreed in principle on an extension.

In listening to Heyman on MLB Network, he stated that the terms of the extension would be at least seven years and $200 million. Tack on seven years to his current deal (in which Cabrera has two years remaining), Miggy would be a Tiger until he is 39 years of age. (He’ll be 31 in mid-April). Under the terms of his current deal, Cabrera will make $22 million in each of the next two seasons.

Shortly after hearing Heyman on MLBN, I saw this tweet from Jon Paul Morosi of FOX Sports hit…

Morosi also tweets that the deal will be announced within the next 24 hours.

So it might not be seven years, but at least six now? Does it honestly matter? And $30 million per? This is a hefty commitment, but either way you cut it, Cabrera will spend the rest of his MLB career in a Tigers uniform. He’s kind of become the face of the franchise.

This also makes sense especially from a PR standpoint. With extension talks between Max Scherzer and the club being tabled and subsequently reported Scherzer turned down a substantial deal of his own, the Cabrera news would put a tally mark on the positive side of the ledger. Here’s why.

Rosenthal has an interesting tweet about that.

I’m sure there will be more on this as the days roll by.

UPDATE: ESPN’s Jerry Crasnick reports that the new deal is for ten years and $300 million. This deal will replace the final two years of his current deal.

Tags: Detroit Tigers Miguel Cabrera

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