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Cards, Clement reach 1-year $1.5M deal
Matt Clement and the St. Louis Cardinals agreed to a $1.5 million, one-year contract on Thursday with a club option for 2009. Clement missed last season while recovering from shoulder surgery. He last pitched for the Boston Red Sox in 2006. The 33-year-old right-hander is 87-86 with a 4.47 ERA in nine major league seasons with San Diego, Florida, the Chicago Cubs and Boston.
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My Darling Clement-ine
C70 At The Bat — (Surely I won’t be the only one to use that one.) As you know, the Cardinals signed Matt Clement yesterday to fill up the rotation. More about the contract is available now , so let’s take a look at those terms: the Cardinals acquired Clement for $1.5 million in base pay and $5.25 million in appearance incentives. The deal also includes a club option for $8.75 million next season. A series of escalators based on innings pitched could jack up the option’s value to $10 million if the 33-year-old righthander works 200 innings. What kind of escalators ? The Cardinals have an $8.75 million option for 2009 with a $250,000 buyout. The option ...

More of a missed opportunity - Clement to the Cards
Washington Nationals — Matt Clement sings with the Cards.  Unlike Prior, who was pretty set on going back to Southern Cal if he could, Clement was looking around all over the place.  The contract was reasonable $1.25 million base with heavy incentives that could boost that number up to $5.25 million if met.  There is also a second year team option for $8.75 million with a buyout of a mere $250K, though the 2009 numbers could jump to $11 million and $2 million respectively depending on how Clement does this year. It’s a great deal for the Cardinals.  If Matt Clement doesn’t pitch well (or at all) they will have tossed only less than $2 million to find out. ...

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