Bloomberg the Company & Products

Bloomberg Anywhere Login


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Angels Sign Trout to One-Year Deal as Extension Talks Continue

Feb. 26 (Bloomberg) -- The Los Angeles Angels signed All-Star outfielder Mike Trout to a one-year contract, avoiding a possible luxury-tax fee as they work toward a long-term extension.

Angels spokesman Tim Mead declined in an e-mail to comment on the financial terms of the agreement. The deal is worth $1 million, the Los Angeles Times reported without saying where it got the information.

The Angels can pay Trout, 22, whatever they like this year provided it is above the $500,000 minimum salary because he has fewer than three years of Major League Baseball service, according to the newspaper. A runner-up for American League Most Valuable Player in each of his two full seasons in Los Angeles, Trout made $510,000 last season.

The Angels and Trout are working on a long-term extension that will begin in 2015, according to the newspaper. Setting Trout’s 2014 salary at $1 million allows the team to avoid having the extension -- which the newspaper said might be in the six-year, $150 million range -- count toward their payroll this season.

MLB teams pay luxury taxes as high as 50 percent of any amount over the $189 million threshold. The team’s payroll is at $147.7 million right now, according to, a sports franchise salary website.

Trout hit .323 last season, with 27 home runs, 109 runs scored and 97 runs batted in. He also stole 33 bases and led the American League with 110 walks.

To contact the reporter on this story: Eben Novy-Williams in New York at

To contact the editor responsible for this story: Michael Sillup at

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.