Quarter of a billionaire feels disrespected

by Fred Hofstetter on January 22, 2020

Colorado Rockies third baseman Nolan Arenado feels disrespected by the employer who has voluntarily agreed to pay him $260 million.

Poor guy feels disrespected.

On February 26, 2019 the news broke that Nolan Arenado and the Colorado Rockies agreed to an 8-year contract worth more than $260 million, at the time paying him more per year than any other position player in Major League Baseball.

Here’s the year-by-year breakdown of guaranteed money coming Arenado’s way (per Cot’s Contracts):

• 2019: $26 million
• 2020: $35 million
• 2021: $35 million
• 2022: $35 million
• 2023: $35 million
• 2024: $35 million
• 2025: $32 million
• 2026: $27 million

The deal also featured an opt-out after three years and a full no-trade clause. If Colorado works out a deal to ship him to Cleveland – or anywhere else – he may decline.

Upon accepting the offer, Arenado guaranteed a weekly salary 66,674% more than the median American in Q4 2019, according to the Bureau of Labor Statistics. To play third base.

Less than one year later, the baseball player had the following to say about the employer who less than one year earlier committed to pay him more than a quarter of a billion dollars to play baseball:

“There’s a lot of disrespect from people there that I don’t want to be a part of,” Arenado said in a text. “You can quote that.”

And:

“You ask what I thought of Jeff’s quotes and I say I don’t care what people say around there,” Arenado said. “There is a lot of disrespect.”

Asked what was said that he found particularly disrespectful, Arenado said, “No. I won’t get into the details.”