Report: Cardinals agree to acquire Nolan Arenado from Rockies

The St. Louis Cardinals have agreed to acquire third baseman Nolan Arenado from the Colorado Rockies, Ken Rosenthal of The Athletic reports.

BREAKING: Cardinals have agreed to acquire Nolan Arenado from Rockies, sources tell @TheAthletic. Deal pending approval from both MLB and players’ union; Rockies sending Cardinals significant cash, believed to be in $50M range, and Arenado will be deferring money.

— Ken Rosenthal (@Ken_Rosenthal) January 30, 2021

The deal is pending approval by both MLB and the MLBPA due to the complexities surrounding Arenado’s eight-year, $260 million contract that he signed before the 2019 season.

More to come…