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Sources: St. Louis Cardinals acquire Nolan Arenado from Colorado Rockies

The St. Louis Cardinals have acquired third baseman Nolan Arenado in a trade with the Colorado Rockies, sources confirmed to ESPN's Jeff Passan.

The Rockies are getting multiple players in the deal and will send upward of $50 million to St. Louis, sources said.

The news was first reported by The Athletic.

Arenado, 29, is scheduled to make $35 million in 2021 as part of a $260 million, eight-year contract he signed with the Rockies in 2019. The deal includes an opt-out clause after the '21 season.

A five-time All-Star, Arenado struggled at the plate during the abbreviated 2020 season, hitting .