Overview
- Kansas City announced the two-year extension, which replaces a 2026 club option valued at $13.5 million with a $2 million buyout, and Perez chose to stay rather than test free agency.
- The contract includes a $7 million signing bonus paid in five $1.4 million installments from 2030 to 2034, $9 million salaries in both 2026 and 2027 with $2.5 million deferred each year, and no buyout, with all payments concluding in 2034.
- Perez, 35, is coming off a 2025 season with 30 home runs and 100 RBIs and he reached career milestones of 300 homers and 1,000 RBIs.
- Reporting indicates his catching workload will continue to scale back as top prospect Carter Jensen gains playing time, aligning with the club’s short-term succession plan.
- General manager J. J. Picollo called Perez a franchise legend as the captain ranks second in club history in home runs (303) and RBIs (1,106) and is within range of George Brett’s home run mark.