Justin Verlander has signed a five-year contract extension with the Tigers, the club announced. Verlander is signed through 2019 for $180 million with a vesting option for 2020 worth another $22 million.
Everybody knew it was all matter of "when" and not a matter of "if" for this contract, and once Felix Hernandez signed a $175 million contract with Seattle it looked like Verlander's market was set. Verlander was signed through 2014, with the new extension starting in 2015.