Although the Los Angeles Angels are likely to renew outfielder's Mike Trout's contract in March for the 2014 season, the parties are expected to negotiate a multiyear extension that will make Trout one of the highest paid players in baseball, the Los Angeles Times reported.
Trout, 22, is famous for two things: being the American League MVP runnerup to Detroit third baseman Miguel Cabrera the past two years, and being grossly underpaid for his contributions.
He hit .323 with 27 home runs, 97 RBIs, 33 stolen bases and a league-leading 110 walks in 2013, when he made $510,000. However, Trout would be eligible for salary arbitration after the 2014 season if a new deal is not signed.
The sides hope to reach agreement on a contract extension sometime after the start of the upcoming season, and the signing bonus is likely to far exceed his 2014 salary, according to the Times report.