Half of the buyout is deferred without interest.
A 12-time All-Star and four-time batting champion, Cabrera is a two-time AL MVP. In 2012, he became the first AL Triple Crown winner since Boston's Carl Yastrzemski in 1967.
The 40-year-old Cabrera finished with a .306 average, 511 homers and 1,881 RBIs in 21 seasons, all with the Tigers. Primarily a designated hitter, he hit .257 this year with four homers and 34 RBIs.
AP MLB: https://apnews.com/hub/MLB
The Associated Press