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updated: 12/13/2012 3:14 PM

Hamilton signs with Angels for $125 million

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  • Josh Hamilton, who led the Texas Rangers to two World Series appearances, has agreed to a 5-year contract with the Los Angeles Angels worth $125 million.

      Josh Hamilton, who led the Texas Rangers to two World Series appearances, has agreed to a 5-year contract with the Los Angeles Angels worth $125 million.
    Associated Press/2010 file

 
By Stephen Hawkins
AP Sports Writer

FORT WORTH, Texas -- Josh Hamilton left the Texas Rangers on Thursday and agreed to a $125 million, five-year contract with the Los Angeles Angels.

Rangers general manager Jon Daniels said the slugging free-agent outfielder had reached the deal with the AL West rival Angels. Two people familiar with the talks disclosed the amount and length of the contract, speaking on condition of anonymity because the agreement was not yet final.

Hamilton's $25 million average salary matches Philadelphia first baseman Ryan Howard for the second-highest in baseball, trailing only Alex Rodriguez's $27.5 million average with the New York Yankees.

Texas had hoped to sign the 2010 AL Most Valuable Player, who led the Rangers to consecutive World Series appearances in 2010 and 2011.

Speaking Thursday after a Rangers' holiday luncheon, Daniels said he had just been informed of the decision by Hamilton's agent, Michael Moye.

Daniels said he was disappointed "to some degree," especially since the Rangers never got a chance to match any offer as had been expected during the process. Or at least get contacted before he agreed with another team.

"I never expected that he was going to tell us to the dollar what they had, and a chance to offer it. Our full expectation, the phone call was going to be before he signed, and certainly not after," Daniels said. "Everybody's got to make their own calls."

Hamilton joins a team that spent big last offseason to add first baseman Albert Pujols for $240 million and pitcher C.J. Wilson -- Hamilton's Texas teammate -- for $77.5 million. Yet, the Angels disappointed and failed to make the playoffs.

The agreement came days after the Los Angeles Dodgers added pitchers Zack Greinke and Ryu Hyun-jin, boosting their payroll over $200 million.

Hamilton's addition to the Angels outfield means Mark Trumbo could be moved to third base or traded. Peter Bourjos and Vernon Wells also are among the outfielders competing for time unless a trade is made.

Daniels met with Hamilton last week at the winter meetings in Nashville, Tenn., and had talked about the parameters of a new contract along with numbers. While Daniels wouldn't get into any specifics, he said his understanding is the deal with the Angels "is certainly more guaranteed money."

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