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Guardians Announce Seven-Year, $175 Million José Ramírez Extension With $70 Million Deferred

Ramírez said he pursued the pact to finish his career in Cleveland, with $10 million deferred each season to ease near-term payroll.

Overview

  • The contract runs through 2032 at $25 million per year, with $10 million deferred annually and payments beginning in 2036.
  • At the team’s announcement, Ramírez said he initiated the talks to stay in Cleveland for the rest of his career, citing family and community roots.
  • The deal is the largest in club history and retains his full no-trade clause from the prior agreement.
  • The deferral structure reduces short-term costs, with reporting estimating about $6 million in 2026 savings and greater relief in subsequent seasons.
  • Owner Paul Dolan and president Chris Antonetti highlighted broad ownership involvement, including minority owner David Blitzer, while Antonetti said the deferrals may not significantly change near-term roster additions.