The Boston Red Sox have 2018 AL MVP Mookie Betts for one more year of club control, and they're paying him a pretty penny for the upcoming season.

On Friday, the Red Sox agreed to give Betts an arbitration record of $27 million for the 2020 season, according to Bob Nightengale of USA Today. Colorado Rockies All-Star Nolan Arenado set the record last year when he received $26 million.

Many believed that Betts would reach close to $30 million, and it's no surprise that he wound up surpassing Arenado's record. Though he wasn't as dominant in 2019 compared to his AL MVP season, Betts still hit .295 with 29 home runs and 80 RBI.

Though Betts and the Red Sox were able to reach an agreement at $27 million, his future in Boston is unclear. Betts has already stated that he expects to enter free agency, with the Red Sox seemingly unwilling to reach his contract demands.

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The Red Sox have made it clear that they'd like to cut payroll ahead of the 2020 season in order to get under the luxury tax. If that's the case, then it's unlikely that they'll retain Betts on a new contract that will most certainly top $300 million.

Betts has been heavily mentioned in trade rumors, along with other big-named superstars like Francisco Lindor (Cleveland Indians) and Kris Bryant (Chicago Cubs). But with the Red Sox determined to decrease their payroll, Betts appears to be the far more likely trade candidate right now.

Last year, Bryce Harper signed the richest free agent contract ever when he agreed to a 13-year deal worth $330 million with the Philadelphia Phillies. But it's safe to say that Betts, one of the game's most complete players, will come close to surpassing that mark in 2020. Another MVP-like season would go a long way in helping Betts record the contract of a lifetime.

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