The Detroit Tigers have signed infield prospect Colt Keith to a six-year guaranteed major league contract. The move is unprecedented for the Detroit Tigers organization.
Keith will receive a guaranteed $28,642,500 over the first six years of the deal: $2.5M in 2024, $3.5M in 2025, $4M per season from 2026-27, and $5M per season from 2028-29. The deal also includes a $2M signing bonus, a $10M club option for 2030 with a $2,642,500 buyout, a $13M club option for 2031 with a $1M buyout, and a 2032 option for $15M with a $2M buyout. Each club option includes salary escalators.