Boston Red Sox set arbitration record by handing Mookie Betts $27 million contract

'Crisis Averted And Arbitration Avoided' must be top feeling going around Boston Red Sox camp this past week. At arbitration deadline, Mookie Betts and Boston Red Sox agreed on a record-breaking deal that will see star outfielder spend one season at Fenway Park. reported value of $27 million is  highest single-season arbitration contract ever. previous best was lan Arenado's deal with Colorado Rockies, which was reported to be $26 million. 

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Mookie Betts contract sets arbitration record

During previous off-season, lan Arenado's agreed a $26 million deal with Colorado Rockies. Rockies n handed him an 8-year deal worth a reported $260 million. Mookie Betts' $27 million contract has w set arbitration record in Major League Baseball (MLB). Mookie Betts was  2018 American League MVP, a four-time MLB All-Star and also finished 8th in MVP voting this season. 

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Chaim Bloom took over as Boston Red Sox President after Dave Dombrowski was fired earlier in September 2019. With Bloom's appointment, re was a certain cloud of uncertainty floating over Red Sox. However, considering fact that Red Sox administration has handed Mookie Betts record deal, that cloud will somewhat be lifted this year. Betts returns to Boston with a reputation of having won Golden Glove in each of last four seasons. Red Sox also roped in outfielder Jackie Bradley Jr, relief pitchers Brandon Workman, Matt Barnes and Heath Hembree on 1-year deals that are reported to be worth a combined $19 million.

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Mookie Betts contract: What is MLB arbitration?

According to official MLB website, players who have between 3 and 6 years of experience in MLB are eligible for arbitration, provided y do t have a contract in place for upcoming season. MLB players who have between two and three years of experience in competition are also eligible for arbitration. In such circumstances, se players are categorized as "Super Two" players. players and franchises in MLB n negotiate contracts and salaries based on similar players who have signed contracts in recent seasons. A player's salary can both, be increased or be cut in MLB arbitration. cap for maximum cut is set at 20 percent. 

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