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

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.

READ MORE: Emma Hayes hails ‘watershed moment’ for women’s football with sponsorship deal
READ MORE: Team Sky: Sir Dave Brailsford urged to start new women’s team

"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