The Houston Astros and José Altuve reached an agreement on a $125 million, five-year contract that will run from 2025 to 29.
On Tuesday, Houston revealed a new multiyear contract for Altuve; no financial information was provided.
In the last season of a $163.5 million, seven-year contract, Altuve will make $26 million in 2024. Following this year’s World Series, the eight-time All-Star second baseman would have been qualified for free agency.
His new contract has a $15 million signing bonus, which is due when Major League Baseball approves it, an individual with knowledge of the arrangements told The Associated Press. Because such specifics were kept under wraps, the speaker only agreed to remain anonymous.
From 2025 to 2027, Altuve will receive $30 million in salary; in 2028 and 2029, he will receive $10 million each.
The 33-year-old Altuve, the 2017 AL MVP and three-time batting champion, hit.311 in 90 games with 15 home runs, 51 RBIs, and 14 stolen bases. It wasn’t until May 19 that he made his season debut after being hit by a pitch from Daniel Bard while playing for Venezuela in the World Baseball Classic, breaking his left thumb.
In 2017 and 2022, Altuve contributed to the Astros’ first two World Series victories. In 2017, he was chosen as the AP Male Athlete of the Year.
Altuve became the first second baseman guaranteed to top $300 million in career earnings.