News coming in from Derrick Goold that the Cardinals and Matt Holliday are close to an agreement.
Sources with knowledge of the negotiations said progress is “strong” and a resolution could come as early as next week. Holliday’s representatives and Cardinals general manager John Mozeliak confirmed ongoing talks.
“I’m still hopeful,” Mozeliak wrote in a text message. “But there is still work to be done.”
The Cardinals have led the pursuit of Holliday, first making a formal offer three weeks ago to his agent, Scott Boras. The exact details of the Cardinals’ current offer are not publicly known. Sources indicated the sides have discussed several structures, including a five-year guaranteed deal and an eight-year framework.
The average annual salary would be higher in the shorter deal. The longer deal’s total worth, however, would surpass the largest contract ever finalized by the Cardinals — the $100-million extension signed by Albert Pujols in 2004.
Source: Derrick Goold