The terms of the contract states that the club will pick up its $5 million option on Young for 2008, then guarantee five years at $16 million per season after that.
Young will have nine years and 134 days of major league service at the end of the third year of the new deal. Once he reaches 10 years, he'll have "10 and five rights," which allows the 30 year old to veto a deal since he has had 10 years of service and the last five all with the same club.
If the full deal is completed, Young will become the most tenured player in Texas Rangers history. He’d need to average fewer than 100 games over the next seven seasons to break the career mark of 1,575 games played set by Rafael Palmeiro.
Young's production numbers are likely to be on the rise again this year when he moves down to bat third in the order.
Michael Young Career Highlights
- 2005 A.L. Batting Champion (.331)
- 2005 A.L. leader in hits (221)
- Three time All-Star ('04,'05,06), 2006 All-Star Game MVP
- 4 straight 200 hit seasons
- Club record 216 hits in 2004, 2nd player in baseball history with four consecutive seasons of 200+ hits
- Collected a career high 103 RBI last season while batting .412 with RISP, highest in the A.L.