https://www.usatoday.com/story/sports/mlb/columnist/bob-nightengale/2019/02/26/nolan-arenado-rockies-offer-record-extension-contract/2989636002/Nolan Arenado agrees to eight-year, $260 million contract to stay with Rockies The good news is that we won't be gnashing our teeth next year because the Mets aren't pursuing Nolen Arenado. The Rockies and Arenado have agreed to an eight-year, $260 million contract with an opt-out in three years, a person with direct knowledge told USA TODAY Sports. He was unauthorized to speak publicly because the Rockies have yet to announce the deal. Arenado, 27, just 16 months older than Bryce Harper, will receive the highest annual salary of $32.5 million, breaking Miguel Cabrera's record of $31 million per year for a position player.