Miguel Cabrera is the definition of a living legend.
Currently playing for the Detroit Tigers, Cabrera recently launched his 500th career home run. It was an opposite-field blast against the Toronto Blue Jays, a home run that sees him enter a very esteemed baseball inner circle. Only 27 other MLB players have hit 500 home runs, a list that includes Hall of Famers like Hank Aaron, Babe Ruth, and Ken Griffey Jr.
Cabrera has also made quite a bit of cash during his 500 home run career — and he isn’t finished yet.
Miguel Cabrera has earned $317 million from the MLB
Cabrera has been around professional baseball for a long time and has been one of the game’s best overall hitters for a long time. Unsurprisingly, this has led to him making an outstanding amount of cash.
Soley looking at Cabrera’s salaries, he has already racked up $317 million playing Major League Baseball. Cabrera’s current contract with the Tigers runs through 2024, seeing his career earnings skyrocket to $389 million (Spotrac).
Most of this cash can be attributed to the Tigers front office and the borderline silly contract they extended Cabrera’s way.
Despite being 33-years-old at the time, Cabrera was inked to an eight-year extension worth $248 million. Detroit was desperate to keep their star slugger around, but it’s a deal that’s seriously limited their ability to improve their roster over the past five-plus years.
Cabrera has made roughly $634,000 per home run hit
An interesting connection between the two numbers can be made by comparing Cabrera’s impressive home run total and the even more impressive sum of money he’s made so far.
Upon dividing Cabera’s current career earnings by his current home run number, a total of $634,000 per home run hit is revealed. A bafflingly large number at first glance.
Obviously, the Tigers paid Cabrera for more than just his ability to hit the long ball. He’s a two-time MVP, seven-time Silver Slugger, and 11-time All-Star. He’s also a Triple Crown winner, a four-time Batting Title winner, and of course, a World Series champion. Cabrera will go down as one of the greatest hitters ever to play the game of baseball.
That whopping near-quarter-million dollar contract that Detroit forked over reflects as such.
Still, it’s interesting to see just how much an MLB franchise values the good ol’ fashioned home run.
The Tigers can’t wait to rid themselves of this contract
Cabrera is a legend, and baseball is rightfully honoring him for his 500 home run milestone. However, his current contract is doing damage to an already struggling Tigers squad.
Cabrera’s OPS has tumbled down into the .700s over the past three seasons. The Tigers are also one of the worst teams in baseball. They desperately need to rid themselves of Cabrera’s salary if they want to be competitive in free agency moving forward.
In the meantime, Cabrera is going to keep cashing those checks while hitting the occasional home run. That $634,000 per home run hit figure is only going to climb higher as Cabrera hits fewer home runs but continues to make $30-plus million per season.
All stats courtesy of Baseball Reference.