AP source: Cardinals to acquire Arenado from Rockies
The St. Louis Cardinals have agreed to acquire All-Star third baseman Nolan Arenado from the Colorado Rockies in a trade needing approvals before it can be finalized, a person familiar with the swap tells The Associated Press.
The person spoke on condition of anonymity Friday night because the trade had not yet been finalized.
Arenado, an eight-time Gold Glove winner, signed a $260 million, eight-year deal with Colorado in February 2019 and is owed $199 million for the six remaining seasons.
Colorado would pay St. Louis a large amount of cash as part of the trade, the person said, and Major League Baseball must approve a cash transaction of more than $1 million.