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Article 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.

Associated Press/2010 file

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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.
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