The complete terms of the $172 million, seven-year contract were made public just a few days after it was finalized.
If you haven’t been living under a rock, you are probably aware that the Philadelphia Phillies re-signed veteran starter Aaron Nola over the weekend. A few days later, we now know more specifics regarding the enormous free agent deal.
The two sides swiftly reached a seven-year, $172 million agreement that will keep Nola a Phillie through his age-37 season. The Phillies announced the agreement on Sunday.
During his re-introduction press conference on Monday, Nola stated that he is determined to win a World Series before his time in Philadelphia is up.
During the press conference, which included general manager Sam Fuld and president of baseball operations Dave Dombrowski, we were not given any information about the contract. However, we now know more information about the deal thanks to Jon Heyman of MLB Network and the New York Post.
Details of Aaron Nola’s contract
Nola’s contract, worth $172 million over seven years, will pay him $24,571,428 every season between 2024 and 2030. And that does not include incentives and bonuses.
Heyman states that Nola will receive the following bonuses:
- $50 thousand for an All-Star appearance
- $100 thousand for a Cy Young, or $50 thousand for second and $25 thousand for third
- $50 thousand for a Gold Glove
- $50 thousand for a League Championship Series MVP
- $100 thousand for a World Series MVP
One of the more intriguing details to emerge from Nola’s contract details is that, contrary to what was first reported, he did not receive a full no-trade clause. The deal does not include opt-outs or club options.
Rather, Nola will receive 10-and-5 rights upon the conclusion of the 2025 campaign. Players who have five consecutive years of MLB service time and ten years of MLB service time can veto any proposed trade scenario, according to MLB.com. For seasoned, experienced players, it’s an extremely potent privilege.
If the Phillies, for some reason, trade their homegrown ace before the end of 2025, he’ll receive a $1 million bonus. That seems unlikely, however, as the club should be firmly in their World Series-contending window for the next couple of seasons at the very least.