Nolan Arenado won’t opt out, gets $144M through ’27, source confirms

Cardinals third baseman Nolan Arenado remains in St. Louis as he will not be going out of contract, a source confirmed to ESPN on Saturday.

Arenado, 31, has five years and $144 million left on his contract, a nine-year, $275 million contract he signed with the Colorado Rockies in 2019. Arenado was traded to the Cardinals ahead of the 2021 season after spending eight years with the Rockies, and Colorado is paying $31 million for the deal.

The contract contained two opt-outs, with the second occurring after the 2022 season. Arenado has informed the Cardinals that he will not use the opt-out to become a free agent, The Athletic first reported.

Arenado has hit .293 with 30 homers, 42 doubles and .891 OPS this season. He is likely to finish in the top five in National League MVP voting along with teammate Paul Goldschmidt, who has a contract through 2024.

As a 10-year veteran, Arenado has often hinted at how much he enjoys playing in St. Louis, so it’s no surprise he’s decided to stay. Nolan Arenado won’t opt out, gets $144M through ’27, source confirms

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