3:57 pm - May 7, 2026
Cleveland Guardians third baseman José Ramírez has signed a seven-year contract extension worth $175 million, with a significant portion of payments deferred until 2051. The José Ramírez contract, announced Friday, includes annual salaries of $25 million with $10 million deferred each year, marking one of the longest payment schedules in Major League Baseball history. The deal ensures the 33-year-old All-Star will remain with the only organization he has ever played for through 2032.
Under the terms of the agreement, Ramírez will receive his deferred payments in 10 equal installments beginning a decade after each season concludes. According to the contract structure, money earned in 2026 will be paid out from 2036 through 2045, while his 2032 salary will be distributed from 2042 until 2051, when Ramírez will be 59 years old.
Contract Details and Financial Structure
The new contract replaces Ramírez’s previous agreement, a $141 million, seven-year deal signed in 2022 that had $69 million remaining. That prior contract included scheduled payments of $21 million for 2025, $23 million for 2027, and $25 million for 2028. The restructured agreement provides the Guardians with additional financial flexibility while securing the franchise cornerstone for years to come.
Additionally, the José Ramírez contract includes a full no-trade clause, granting him complete control over any potential future moves. The deal also features a unique perk requiring the team to provide him with a hotel suite during road trips, reflecting his status as one of baseball’s elite players.
Ramírez’s Impact on the Guardians
The Dominican Republic native has spent his entire 13-year Major League Baseball career with Cleveland, developing into one of the game’s most consistent performers. However, his value extends beyond statistics, as he serves as a veteran leader for the Guardians’ young roster. The deferred payment structure allows Cleveland to maintain competitive payroll flexibility while rewarding their franchise player.
Ramírez earned his seventh All-Star selection in 2024 after a remarkable season that showcased his rare combination of power and speed. He posted a career-high 44 stolen bases while maintaining a .283 batting average, according to the announcement. Meanwhile, he became just the fourth player in baseball history to record multiple seasons with at least 30 home runs and 40 stolen bases, joining an elite group that includes Barry Bonds, Alex Rodriguez, and Ronald Acuña Jr.
Deferred Money Trend in Baseball Contracts
The José Ramírez contract follows a growing trend of deferred compensation in professional baseball, allowing teams to spread payments over extended periods. This approach provides immediate luxury tax benefits while committing to long-term financial obligations. In contrast to traditional contracts, deferred money deals help small-market teams like Cleveland compete for top talent without overwhelming their annual budgets.
Several recent high-profile contracts have featured substantial deferrals, including Shohei Ohtani’s record-breaking agreement with the Los Angeles Dodgers. The strategy enables teams to allocate resources across their rosters more effectively while still compensating star players at market value. Nevertheless, players accept these terms in exchange for long-term security and additional contract perks.
Implications for Cleveland’s Future
The extension strengthens Cleveland’s core as the team pursues championship contention in the American League Central division. By securing Ramírez through his age-40 season, the Guardians maintain stability at third base while building around emerging young talent. The contract structure demonstrates the organization’s commitment to competing while operating within financial constraints typical of mid-market franchises.
The Guardians have not announced specific plans for utilizing the annual payroll flexibility created by the deferred payments, though roster improvements remain a priority as spring training approaches. Whether the team will pursue additional veteran acquisitions to complement Ramírez and their young core remains to be seen as the 2026 season draws closer.
