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Albert Pujols signs 10-year, $254 million contract with Angels

St. Louis Cardinals v Cincinnati Reds

CINCINNATI - MAY 16: Albert Pujols #5 of the St. Louis Cardinals is pictured during the game against the Cincinnati Reds at Great American Ball Park on May 16, 2010 in Cincinnati, Ohio. (Photo by Andy Lyons/Getty Images)

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Last night the buzz coming from the winter meetings was that Albert Pujols wasn’t anywhere near making a decision, but either that was wrong or things changed dramatically overnight.

Tim Brown of Yahoo! Sports reports that Pujols has agreed to sign with the Angels, getting a 10-year contract worth between $250 million and $260 million.

Wow. It didn’t take Jerry Dipoto long to make a huge splash as general manager.

Until now Alex Rodriguez was the only player in baseball history to secure a contract in excess of $200 million and according to Brown the massive deal also includes a full no-trade clause, which was something the Marlins reportedly were never willing to give Pujols.

Making that sort of investment in a 32-year-old first baseman is obviously tremendously risky and it’s tough to blame the Cardinals for not wanting to commit $25 million per season through age 41, but certainly Angels fans aren’t focusing on 2021 right now.

UPDATE: And the Angels weren’t done spending with Pujols, handing out another huge contract to C.J. Wilson.

UPDATE: The final tally on Pujols’ deal is $254 million and apparently that wasn’t even the highest offer.