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Holliday returning to Cardinals
ST. LOUIS — Matt Holliday announced on Tuesday that he is coming back to the Cardinals.
Holliday told ESPN Radio that he has decided to re-up with St. Louis following a protracted negotiation between his agent, Scott Boras, and the Redbirds.
“I’m excited about it,” Holliday said.
Holliday has not signed a contract, but player and club have agreed to terms. Finalization of the deal is pending a physical exam. Boras confirmed that the guaranteed value of the seven-year contract is worth an even $17 million per year, including a full no-trade clause. The contract includes a $17 million vesting option for 2017, which will kick in if Holliday finishes in the top 10 in National League Most Valuable Player voting in 2016.
The deal gives Holliday the longest guarantee of any current Cardinal and the largest contract in club history, surpassing Albert Pujols’ seven-year, $100 million contract.
The team will likely make a formal announcement within the next 48 hours at which time the team will hold a press conference.
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