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Diamondbacks Acquire Nolan Arenado From Cardinals in Cash-Heavy Trade

Salary offsets cap Arizona’s outlay at about $11 million over two years.

Overview

  • The teams announced the deal Tuesday, with Nolan Arenado waiving his no-trade clause to approve the move.
  • St. Louis is sending $31 million to cover most of the roughly $42 million remaining on Arenado’s contract, leaving Arizona to pay about $5 million in 2026 and $6 million in 2027.
  • The Cardinals received right-handed pitching prospect Jack Martinez, 22, an eighth-round pick in 2025 out of Arizona State who has not yet made his pro debut.
  • Arizona expects Arenado to be its primary third baseman after moving Eugenio Suárez last season, prioritizing his elite defense and veteran presence.
  • Arenado, 34, is coming off a down year in which he hit .237 with 12 home runs and a .666 OPS in 107 games, following more than a year of trade speculation that included a previously blocked Houston deal.