Earlier this week, the Kansas City Royals stole headlines when the extended their captain and franchise legend Salvador Perez to a brand new two-year contract.
While the deal is worth $25 million, Perez isn't just getting paid the traditional $12.5 million AAV you might think. Like many MLB contracts today, there are several wrinkles that alter the true value of what will be on the books in 2026 and 2027.
We'll dive into the specifics momentarily, but what Royals fans need to know is that this extension gives them even more wiggle room in an offseason where it's critical that they maximize the budget to get back to postseason contention.