Pujols Going to Angels for $250 Million-Plus; Pitcher Wilson to Also Sign

Three-time National League Most Valuable Player Albert Pujols agreed on a 10-year contract worth between $250 million and $260 million with the Los Angeles Angels, who also came to terms with All-Star pitcher C.J. Wilson, according to media reports.

Pujols turned down offers to return to the St. Louis Cardinals or sign with the Miami Marlins by choosing a move to the American League, Yahoo Sports reported, citing a person it didn’t identify.

Wilson, who’s spent his seven-year Major League Baseball career with the Texas Rangers, will earn $75 million over five years from the Angels, ESPN reported, citing a person it didn’t identify. A 2011 All-Star, Wilson finished sixth in the Cy Young Award voting for the AL’s best pitcher after going 16-7 with a 2.94 earned run average in 223.1 innings pitched.

Pujols, 31, has spent his 11-year career with the Cardinals, helping them win two World Series championships, including this year. The first baseman has a career .328 batting average with 445 home runs.

He and Wilson join a team that has made the playoffs six times in the past 10 years, winning the World Series in 2002. Arturo Moreno, who once was a co-owner of the advertising company Outdoor Systems Inc., bought the Angels from the Walt Disney Co. in 2003 for about $180 million, which would be $70 million to $80 million less than what the team has committed to Pujols, according to the Yahoo Sports report.

The Angels may be expecting more revenue from a new television agreement. In an October court filing on behalf of Major League Baseball related to the bankruptcy case of the Los Angeles Dodgers, television consultant Ed Desser said the Angels were close to a new broadcast agreement, the Los Angeles Times reported.

TV Contract

The Angels’ current contract with News Corp.’s Fox, which runs through 2015, pays about $50 million a season, the newspaper said. The Rangers last year got a 20-year, $1.6 billion contract from Fox.

Pujols hit .299 with 37 homers and 99 runs batted in last Season, when he made about $14.5 million in 2011. His average annual salary of $25 million to $26 million would have made him the third highest-paid player last season, behind Alex Rodriguez of the New York Yankees ($32 million) and Vernon Wells of the Angels ($26.2 million). The Angels’ opening day payroll of $138.5 million ranked fourth in baseball last season.

The St. Louis Post-Dispatch reported that the Cardinals’ last offer was for a 10-year, $220 million contract, with nine years guaranteed. Pujols also negotiated with the Marlins at baseball’s Winter Meetings this week in Dallas.

The nine-time All-Star has finished in the top 10 of MVP voting each of his 11 years in Major League Baseball. He has hit 32 or more home runs each season, and 2011 was the first time that Pujols had fallen below 100 RBIs in a season.

Pujols Leadership

New Cardinals manager Mike Matheny, who replaced the retired Tony La Russa, said Pujols’s impact on a team goes far beyond the hits and home runs he compiles each season.

“You start with the intangibles, the leadership and the comfort of the guys on the team in having a stable guy who’s done what he’s done,” Matheny told reporters at the Winter Meetings. “And nobody else has done what he’s done in his 11 years in the league.”

Wilson, 31, reached the World Series with Texas the last two years. He has a 43-35 career record with a 3.60 earned run average.

To contact the reporter on this story: Rob Gloster in San Francisco at rgloster@bloomberg.net

To contact the editor responsible for this story: Michael Sillup at msillup@bloomberg.net

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.