Royals Sign Salvador Perez to Two-Year Extension Through 2027
The deal uses deferred money to ease Kansas City’s near‑term payroll burden.
Overview
- MLB.com reports the contract guarantees $25 million and includes deferred payments to reduce the immediate cap hit.
- Kansas City opted for an extension rather than exercising a $13.5 million club option, finalizing terms ahead of the league’s option-decision deadline.
- Perez, who turns 36 in May, is entering his 15th full season and is within 14 home runs of George Brett’s franchise record.
- Local analysis notes the Royals expect to spend selectively this offseason but likely cannot afford top-tier targets such as Bo Bichette.
- The club is emailing a targeted survey to longtime supporters for input on possible new ballpark sites in downtown/near downtown Kansas City, Clay County/North Kansas City, and Overland Park.