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Jose Altuve and Houston Astros Agree to 5-Year Contract Extension Worth $151 million

In a news that can be categorized as a no-brainer, the Houston Astros extended the contract of Jose Altuve to five-year deal worth $151 million.

The $151 million was a franchise record because the most the Astros paid a player before this was Carlos Lee when he signed for $100 million after the 2006 season.

The second baseman joins the elite list of $30-million players such as Diamondbacks pitcher Zack Greinke ($34.4 million); Boston Red Sox pitcher David Price ($31M), Detroit Tigers first baseman Miguel Cabrera Torres ($31M), Los Angeles Dodgers pitcher Clayton Kershaw ($30.7M) and Washington Nationals pitcher Max Scherzer ($30M).

Altuve had two more years left in his contract before the Houston Astros locked him up long-term.

In February, Altuve has made known his intention to stay with the team.

“I want to stay here. If we talk about the city in Houston, I love the city. If we talk about the fans, I love the fans,” he told the Houston Chronicle then.

Astros general manager Jeff Luhnow also said that it’s no secret that they always wanted to keep Altuve and the only question is how much.

“He’s a franchise player and so he gets put into a different category,” he previous said. “And I think both Jim Crane (owner) and myself have always had the desire to figure out a way to keep Jose here from the beginning to the end of his career.”

However, locking Altuve to a lucrative contract may probably cost the Astros Carlos Correa. Last year, before being limited with a thumb injury, the 23-year-old recorded .315/.391/.550 (158 OPS+).

Correa will be entering the free agency market when he’s just 27 years old or after the 2021 season so the Astros would be making some hard decisions by then.

The problem is that while Correa said that he’s open to signing an extension with the Astros, his agent said otherwise.