Wednesday, December 3, 2008

Dustin Pedroia signs 6-year, $40 million extension

The Boston Globe is reporting that Red Sox second baseman Dustin Pedroia signed a huge extension today. The deal is for $40.5 million over 6 years. The deal also includes an $11 million club option for the 2015 season.

UPDATE: Extra Bases just posted a full breakdown of the deal with some interesting details like this tid-bit:

"For the Red Sox, the big point here is that they bought at least two or Pedroia's free agent years for $10 million per. If the club exercises the option, they will effectively have signed Pedroia to a three-year deal (beyond 2012, when he is eligible for free agency) worth $31 million. Pedroia's gain is that he obviously guarantees himself a good deal of money now and gains a great measure of long-term security."

Bottom Line: Now Dustin can finally afford to put that addition on the side of his house - you know the extra room he needed to build to hold his 2007 World Series ring, the 2007 Rookie of the Year Award trophy... the 2008 Silver Slugger Award trophy... his framed 2008 All-Star jersey... his 2008 Gold Glove Award MVP Award trophy... and his 2008 American League MVP Award trophy.

He may also need to save room for State Farm's This Year in Baseball awards for Best Hitter and Best Defensive Player... click here to vote and watch video highlights for all the Red Sox players and moments nominated - you have to Dec. 8th.

Kevin Youkilis and Jonathan Papelbon should be next in line for big raises and, as Mike at Sox Addict points out, Jon Lester probably deserves a few more bucks as well.

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1 comments:

SoxAddict said...

Thanks for the plug! Over the next few years Pedroia may become the biggest bargain in baseball. It's great!