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MLB

Ryan Braun Is Rich

Oh to be a young and talented baseball player these days....

It was announced earlier today that the Milwaukee Brewers have signed left fielder Ryan Braun to an 8-year $45 million contract extension that's going to keep Ryan in a Brewers uniform until 2015 (which will go down in history as the year Prince Fielder ate Milwaukee). As you'd expect, both sides are happy about this.
"It's a very good contract for both the ballclub and Ryan," general manager Doug Melvin said at a press conference at Miller Park.
I'll say. It's also a record-setting contract for the ballclub and Ryan. The eight-year $45 million deal is the largest contract ever given to a player with less than three years of Major League experience. The previous record was set this winter when the Rockies gave Troy Tulowitzki $31 million over six years, and blows away Evan Longoria's $17.5 million deal signed with Tampa Bay earlier this season.

Braun finished second to Tulo in the NL Rookie of the Year voting last season, finishing up the year with a .324 average and 34 homers. He's currently hitting .285/.316/.545 with 9 home runs and 29 RBI. Of course, unlike Tulo this season, Braun is still healthy and playing everyday. I'm sure the Brewers hope that continues.

It's also pretty clear that the new trend of teams signing their young players to long extensions to avoid arbitration is going to continue for a while as well.

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