"Albert Pujols' contract with the Angels guarantees the slugger $240 million over 10 years and includes a personal-services agreement worth at least $10 million, according to several Internet reports, the details of which were confirmed by a person familiar with the deal but not authorized to speak publicly about it.

The contract is heavily backloaded, which helped the Angels accommodate the five-year, $77.5-million deal for pitcher C.J. Wilson, and includes hefty milestone bonuses that could push the package's value to $260 million.

If Pujols, who amassed 2,073 hits and 445 home runs in 11 seasons in St. Louis, reaches 3,000 hits, a milestone he is on pace to hit in 2016 or 2017, he will receive a $3-million bonus."