(CNN)Mike Trout, one of the most sought-after baseball players of his generation, looks set to agree to a 12-year contract extension with the Los Angeles Angels worth a stunning $430 million, according to multiple reports.
Mike Trout: Los Angeles Angels star to agree richest deal in sport with $430 million deal
The deal, should it be confirmed, would net the outfielder $36 million a year and be the most expensive contract in Major League Baseball (MLB) history, as well as the biggest in sports.
It would trump the $330 million 13-year deal the Philadelphia Phillies and Bryce Harper agreed last month and boxer Canelo Alvarez's $365 million 11-fight arrangement with sports broadcaster DAZN.
Trout, 27, is a two time American League MVP, six-time winner of the silver slugger award and has hit 240 home runs in 1,065 games.
Yet he tends to shy away from the limelight and has spent his entire career at the Angels after being drafted in 2009. His current contract was due to expire in 2020.
Although Trout's prospective contract would be the biggest in terms of total value, it would likely fall short of the amount Alvarez looks set to earn in the same period.
The Mexican has fought twice a year since 2016, meaning his DAZN contract could be up in under six years. That would leave him free to agree another lucrative deal or earn what would in all probability be substantial pur