The Angels have signed Millville high graduate Mike Trout to a one-year, $1 million contract.  The outfielder batted .323 with 27 home runs and 33 stolen bases for the Angels last season.

Now that it has been established that he's getting $1 million in 2014, the Angels could announce a contract extension and not have the AAV (average annual value) count against the luxury tax until 2015.

The two sides are still workign on a contract extension that would buy out a few years of his impending free agency.  Yahoo! Sports' Jeff Passan reports that the Angels are discussing a six-year contract extension with the former Thunder-Bolt that would pay him in the range of $150 million. Trout won't be eligible for arbitration until after this season, so the deal would buy out his first two years of free agency.

Mike DiGiovanna of the Los Angeles Times reports that the Angels would prefer a Trout extension to be for "at least eight years or more."  Meanwhile, FOX Sports' Ken Rosenthal reports that the Angels' "desire" is to sign Trout to a seven-year extension in the $150-160 million range.

Either way, Mike Trout will be a very rich man - it just depends on what year.