Baseball star Mike Trout and the Los Angeles Angels officially agree record-breaking $426.5m deal

George Flood

Baseball star Mike Trout has officially signed a new long-term contract with the Los Angeles Angels that is believed to be the most lucrative deal in sporting history.

The Angels confirmed overnight that the vaunted centre fielder had inked a lengthy 12-year extension in Anaheim worth a reported total of $426.5million (roughly £325m) with an annual salary of $35.54m (£27m), per the Los Angeles Times.

"This is where I wanted to be all along," two-time MVP Trout said. "I have enjoyed my time as an Angel and look forward to representing the organization, my teammates and our fans for years to come."

Owner Arte Moreno added: "This is an exciting day for Angels fans and every player who has ever worn an Angels uniform.

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"Mike Trout, an athlete whose accomplishments have placed him among the greatest baseball players in the history of the game, has agreed to wear an Angels uniform for his entire career.”

That eye-popping figure would eclipse the $365m (£278m) five-year, 11-fight deal that middleweight boxing supremo Saul 'Canelo' Alvarez penned with streaming service DAZN in October and the $330m (£251m) free-agent agreement - spread over 13 years - made between right fielder Bryce Harper and Major League Baseball's Philadelphia Phillies earlier this month.

Manny Machado agreed terms on a 10-year, $300m (£228m) deal with the San Diego Padres in February and Giancarlo Stanton was handed a 13-year, $325m (£247m) contract by the Miami Marlins in 2014 before later being acquired by the New York Yankees.

Trout, who will appear at a press conference before the Angels meet the Dodgers on Sunday, previously signed a $144.5m (£110m), six-year contract with the Angels in the same year.

10 richest sporting contracts

Name Sport Team Contract length Contract value
Mike Trout Baseball Los Angeles Angels 12 years $426.5m
Canelo Alvarez Boxing N/A Five years, 11 fights $365m
Bryce Harper Baseball Philadelphia Philies 13 years $330m
Giancarlo Stanton Baseball Miami Marlins (now New York Yankees) 13 years $325m
Manny Machado Baseball San Diego Padres 10 years $300m
Alex Rodriguez Baseball New York Yankees 10 years $275m
Nolan Arenado Baseball Colorado Rockies Eight years $260m
Alex Rodriguez Baseball Texas Rangers 10 years $252m
Miguel Cabrera Baseball Detroit Tigers Eight years $248m
Robinson Cano Baseball Seattle Mariners (now New York Mets) 10 years $240m
Albert Pujols Baseball Los Angeles Angels 10 years $240m