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DETROIT - Triple Crown winner Miguel Cabrera will earn a baseball-record $292 million over the next decade under a $248 million, eight-year deal with the Detroit Tigers.

Cabrera, who turns 31 on April 18, is due $44 million over the final two years of his $152.3 million, eight-year contract that runs through 2015. The new deal was announced Friday at a news conference in Lakeland, Fla.

The contract's average of $31 million tops the previous mark of $30,714,286 set by Los Angeles Dodgers pitcher Clayton Kershaw in his $215 million, seven-year deal in January. The total commitment tops the record set by New York Yankees third baseman Alex Rodriguez with a $275 million, 10-year agreement in 2007.

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