The St. Louis Cardinals have agreed to acquire All-Star third baseman Nolan Arenado from the Colorado Rockies in a trade needing approval before it can be finalized, a person familiar with the deal told the Associated Press.
Arenado, an eight-time Gold Glove winner, signed an eight-year, $260 million contract with the Rockies in February 2019 and is owed $199 million for the six remaining seasons.
The Rockies would pay the Cardinals a large amount of cash as part of the trade, the person said, and Major League Baseball must approve a cash transaction of more than $1 million.