In March 2023, the Cleveland Guardians signed Andres Gimenez, their promising second baseman, to a seven-year, $106.5 million deal.
Gimenez was 24 when he signed.
Gimenez had just had an American League All-Star and Rawlings Gold Glove-winning season at second base in 2022.
As reported by USA Today, Gimenez signed the second-largest contract in Cleveland baseball history. Only All-Star Jose Ramirez got a seven-year, $141 million contract in 2022.
Gimenez was recognized for hitting.297/.371/.466/.837 in 557 plate appearances, with 26 doubles, three triples, 17 home runs, and 69 RBI. He stole 20 bases in 23 attempts.
Gimenez, 25, received the coveted Rawlings Platinum Glove for his outstanding 2024 season.
The Rawlings Platinum Glove is presented to each league’s finest defensive player.
The contract Gimenez signed included a $4 million signing bonus. The entire amount guaranteed is $106.5 million. The average annual value of his contract is $15,214,286.00.
Gimenez’ contract pays him $5,571,429 this season.
Gimenez’ contract payments will increase every year. As indicated by Fangraphs.com, here are the payouts Gimenez will receive in subsequent seasons:
2025- $10,571,429
2026- $$15,571,429
2027- $23,571,429
2028-$23,571,429
2029-$23,571,429
The Guardians hold a club option on Gimenez’ contract for 2030, at a value of $23 million.
The Guardians have paid for three of Gimenez’ potential free agent years. A potential fourth free agent year would be purchased if the Guardians exercise their 2030 option.
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