Breaking Down Jacob deGrom's Rangers Contract

Last Modified Jul 19, 2023 08:22 GMT
Jacob Anthony deGrom
Jacob Anthony deGrom, Source: New York Mets’s Instagram @mets

Jacob Anthony deGrom acknowledged as “Jacob deGrom", is an American professional baseball pitcher for the Texas Rangers of Major League Baseball who has previously played in MLB for the New York Mets.Jacob's baseball career began in his college years; before playing professionally, Jacob attended Stetson University and played college baseball for the Stetson Hatters.The New York Mets drafted Jacob in the ninth round of the 2010 MLB Draft, followed by his debut in 2014, which led to the beginning of his professional baseball career.

Jacob DeGrom's Contract Breakdown

YearBase SalarySigningBonusCap HitDead CapYearly Cash
2010-$95,000$95,000-$95,000
2014$377,049-$377,049-$377,049
2015$556,875-$556,875-$556,875
2016$607,000-$607,000-$607,000
2017$4,050,000-$4,050,000-$4,050,000
2018$7,400,000-$7,400,000-$7,400,000
2019$7,000,000$5,000,000$12,000,000-$12,000,000
2020$4,074,074$5,000,000$9,074,074-$9,074,074
2021$20,000,000-$20,000,000-$20,000,000
2022$18,500,000-$18,500,000-$18,500,000
2023$30,000,000-$30,000,000-$30,000,000

Source - Spotrac

How much is Jacob deGrom getting paid?

DeGrom's recent contract with the Texas Rangers is worth $185 million; for a tenure of five years with a guaranteed annual salary of an average of $37 million. The contract also states that in 2023, Jacob will earn a base salary of $30 million while carrying a total salary of the same amount. A brief rundown of his previous contracts shows us that since his debut in the MLB with the New York Mets. In 2014, his contract was worth $500K; by 2019, it had grown to $137.5 million in just five years; this is a testament to his incredible talent, work ethic, and dedication to baseball. Throughout his journey with the New York Mets, he signed multiple contracts, simultaneously avoiding arbitration. On November 7, 2022, he declined a two-year $62.5 million deal with the New York Mets; even after the team offered him an extension, he set out for new pastures and came to terms with the Texas Rangers.

How much does Jacob deGrom make in a minute?

As per the latest contract, considering Jacob’s best-case annual salary to be $37 million, we divide this amount by the total number of minutes in a year: i.e.., 525,600 minutes, and as per the above calculation, the amount we draw is $70.39 per minute. That’s quite a lot of ice cream cones!

Jacob deGrom Career Earnings

Since Jacob’s debut in the MLB with the New York Mets till today with the Texas Rangers, he earned an estimated total income of around $102.7 million, with an annual average income of approximately $10.2 million.

What are the terms of Jacob deGrom’s Contract? As per deGrom’s current contract, he signed a 5-year / $185 million contract with the Texas Rangers, which guarantees an annual average salary of $37 million; the agreement also states that in 2023, Gonzalez will earn a base and total compensation of $30 million.

How much of Jacob deGrom’s Contract is guaranteed?

deGrom’s latest contract of a year worth $185 million guarantees him the same amount, providing him with an annual salary of $30 million.

Jacob deGrom’s Contract History

New York Mets (2010-2022): Jacob deGrom was drafted by the New York Mets in the ninth round of the 2010 MLB Draft and made his MLB debut with the New York Mets in 2014, marking the start of his professional career.deGrom was selected as an MLB All-Star in 2015, 2018, 2019, and 2021; he was the NL leader in earned run averages, leading him to win multiple CY Young Awards, and was recognized as the best pitcher in the National League.His last contract with the New York Mets was for a five-year tenure worth $137.5 million and an added club option for 2024, and on November 7, 2022, deGrom declined a two-year $62.5 million player option for 2023 & 2024, even after the team offering an extension, as he bid farewell to the New York Mets on Dec 2, 2022, which began his journey with the Texas Rangers and is currently his present contract.

FAQs

A. There are approximately four years left of deGrom’s contract; deGrom is set to become a free agent before the 2027 season.


A. Jacob deGrom agreed to a five-year, $185 million contract with the Texas Rangers, the most recent.

A. Since 2014, Jacob deGrom has been in the MLB; the New York Mets drafted him in the ninth round of 2010’s MLB Draft.


A. Jacob deGrom spent nine years of his MLB career with New York, from 2014 to 2022.


A. Jacob’s last contract with the New York Mets was of a five-year tenure worth $137.5 million; it included a club option for 2024.


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