MLB

Atlanta Braves sign Matt Olson to 8-year, $168 million deal through 2029 season

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The Atlanta Braves have signed newly acquired All-Star first baseman Matt Olson to an eight-year, $168 million deal that runs through the 2029 season, it was announced Tuesday.

The deal, which is the largest in team history, also includes a $20 million club option for 2030.

The World Series champion Braves acquired Olson from the Oakland Athletics on Monday in exchange for four players, including outfielder Cristian Pache.

Olson will make $15 million in 2022, $21 million in 2023 and then $22 million per season over the remainder of the deal. He also has agreed to donate $1.68 million to the Atlanta Braves Foundation.

Olson, 27, is a two-time Gold Glove winner with a .252 career average, 142 homers and an .859 OPS over six seasons. He hit 39 homers and drove in 111 runs last season, finishing eighth in AL MVP voting.

« Obviously, I know Atlanta, » Olson said Monday. « It’s an amazing place, World Series champs, my hometown. If there was one place to go and leave here, that’s the place to do it. I’m excited about it. »

The acquisition of Olson by the Braves likely appears to end the tenure of veteran first baseman Freddie Freeman, who became a free agent after the season.

Freeman was the 2020 NL MVP and a five-time All-Star over 12 seasons with Atlanta, including as a veteran leader on last year’s championship team. His $135 million deal with the Braves in 2014 had been the team’s largest deal prior to Olson’s signing.

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