The Rays have announced a contract extension for Evan Longoria that will keep him with the Rays through at least the 2022 season. The six-year extension is worth $100 million and will be added on to his existing contract and includes an option for 2023.

The total value of Longoria’s contract is now $136 million over the next ten years and will incorporate the three option years on Longoria’s current deal (2014-16). If the option is picked up in 2023, it means Longoria will not become a free agent until he is 38.

Longoria’s original contract (9 years, $44.5M), signed shortly after being promoted to the big leagues, has long been considered the worst in baseball (or best depending on your point of view). And this extension, with four years remaining on that deal may be a sign that the Rays were willing to reward Longoria for accepting that original deal.

As part of the contract, Longoria will donate $1 million over the life of the contract to the Rays baseball foundation.

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15 Comments

  1. don says:

    So add that to over $47 Million Longo will collect from his first contract.....thats $150 Mil in 13 years....How about poor Longoria being "underpaid"? for a parttime player, thats probably more per game than any player in baseball...

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    • Ted Sheckler says:

      That's one hitter making 10+ million a year, and Stuie doesn't even have his new stadium yet... Are you still offering that bet?

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  2. Michael says:

    If he can get through a few seasons unharmed, it will be a massive bargain

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  3. trevo says:

    great day to be a rays fan!

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  4. phil says:

    Richie Schaffer better be moving to first base!

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  5. Beazy says:

    Big ups to Longo, it's going to nice to know not only will he be starting 3rd @ the new Trop @ Channelside, but that the kids of Tampa Bay can grow up saying "I remember seeing him play when I was young!"

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  6. Dave L says:

    His skills as a baseball player certainly warrant joy in Rays land.

    But to bet $100 mil on a player under 28 who's hammy hasn't been right since 2009 is certainly a gamble but it's not my money.

    Hopefully it finally heals properly finally.

    The percentage of players who complete thier 100 mil contracts with the team that signed them is pretty small hOwever.

    Just for comparison, what would a similar Price extension cost? Seems like it would have been a safer bet although Longo probably has a higher 10 year upside.

    Overall I'm happy with the deal don't get me wrong but it's cerainly a risk for the Rays as all long terms are.

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  7. Alex says:

    If Longo can stay healthy he'll be more valuable than Price. Plus Price could always be traded or they could be working on an extension with him for all we know

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  8. Sarah says:

    To those worried about Longoria's hamstring: Yes, of course it's a concern. But if he hadn't been injured this year, this deal would not have happened. For all his saying the right things about wanting to stay with the Rays and loving the Tampa Bay area, a completely healthy Longoria would have been too expensive for the Rays to sign long term.

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  9. don says:

    Facts: Longoria has missed 25% of the Rays games last 3 years, 20% his whole career, If he gets hurt again every year (don't say impossible, hes done it) they are guaranteeing him a $10-20+ mil.pay check for parttime work....
    Boy Stuie... you take those chances on Wall Street?

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  10. Andy says:

    Having Longoria for even 80% of any year is better than gambling on players such as Burrell, Scott, Grieve, Pena (from last 2 yrs), et al who cost the team at least as much as Evan will in any future year & who were marginally 1/2 as productive - in the good months some of them had. Kudos to both sides for agreeing to take their respective risks!!! Now, LET'S TURN THIS INTO A (FEW) CHAMPIONSHIP(S)!!!!

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  11. formattedfire says:

    the poster "Don", a local yankees fan who is disgruntled by Rays ownership, has been on record stating that the Rays won't resign David Price in the future and will trade him away. To his chagrin, the Rays re-upped Longo (according "Don", the Rays don't resign franchise players, cough cough), and will do so in the future for price (unless they receive the farm for David Price).

    Good to see him still spewing his venom here on rays index.com as usual.

    Go Rays (not the Yankees)!!!

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  12. formattedfire says:

    one other thing...."Don" said that Longoria made 47 million in his first contract??? Where is the Don getting his propaganda??? Longo signed a six year extensionin 2008 worth....gasp, 17.5 million WHICH WAS AN ABSOLUTE FREAKING STEAL FOR THE FRANCHISE, AND YOU HAVE THE CAHONEYS TO SIT HERE AND SAY WE'RE OVERPAYING FOR HIM?!?!?! WHAT A JOKE OF A RAYS FAN YOU ARE, "DON"!!! Ok, maybe it's not that funny considering you're a Yankees fan ;)

    Go RAYS (blank the Yankees)!!!

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  13. GW says:

    Spenn,
    Well, once again we see Stu being one of the smartest owners in baseball.

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