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Guardians, 3B Jose Ramirez reportedly agree to 5-year, $124 million extension

Third baseman Jose Ramirez has agreed to a five-year, $124 million contract extension with the Cleveland Guardians, according to ESPN's Jeff Passan.

Ramirez still has two years left on his current deal. He'll make $12 million in 2022, and $13 million on his club option in 2023. Combined with his contract extension, Ramirez is guaranteed nearly $150 million through 2028. The contract also reportedly includes a full no-trade clause.

This is the largest contract the Guardians have ever given out. The previous record was the three-year, $60 million contract they gave to Edwin Encarnacion in 2017. Encarnacion played in Cleveland for two seasons before being traded to the Mariners.

Ramirez, 29, was signed by the Guardians as an amateur free agent in 2009. He debuted in 2013 and got off to a relatively slow start, but once he played his first full season in the majors in 2016, he was off to the races. He's been an All-Star three times, won three Silver sluggers, and finished in the top three of American League MVP voting three times (2017, 2018, 2020). He played a huge role in helping the 2016 team make it to the World Series, where they lost in seven games to the Chicago Cubs. Ramirez was the last member of the 2016 team left on the Guardians.

There had been reports about the extension talks between Ramirez and Cleveland for days, but they were also mixed with trade rumors. The Toronto Blue Jays were reportedly pushing hard to acquire Ramirez, who is exactly the type of slugger that would fit perfectly into their lineup, and so were the San Diego Padres, who are continually looking for ways to upgrade their lineup to compete in the talented National League West.

If Ramirez and the Guardians hadn't been able to reach an agreement on an extension, it's possible we could have seen a trade that would have sent Ramirez to Toronto or San Diego. Thankfully for Guardians fans, that's not the reality we live in. Ramirez will be staying put in Cleveland for years to come.

NEW YORK, NEW YORK - SEPTEMBER 19: Jose Ramirez #11 of the Cleveland Indians hits a two-run single in the eighth inning against the New York Yankees at Yankee Stadium on September 19, 2021 in New York City. (Photo by Mike Stobe/Getty Images)
Third baseman Jose Ramirez has reportedly signed a contract extension with the Guardians that will keep him in Cleveland through 2028. (Photo by Mike Stobe/Getty Images)