Pena thrilled to get 3 years, $24.125-million
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Rays Agree to Three Year Deal with Peña
Published 1/18/2008 by Patrick L. Kennedy <info@draysbay.com> at DRaysBay: Front Page Posts
The St. Petersburg Times is reporting this morning that 1B Carlos Peña will have parlayed his wildly successful 2007 season into a lucrative three year contract. Peña and the Rays have apparently agreed to a three year contract that will pay the first baseman a total of $24 million, or about $8 million a year. The deal means that the Rays will avoid arbitration with Peña both this year and next, as the contract extends through 2010. The deal will also mean that Peña's first eligible year for free agency will be spent under team control. The contract is ...
Carlos Pena Signs Three-Year Deal
Published 1/18/2008 by Tim Dierkes at MLB Rumors - MLBTradeRumors.com
... According to the St. Petersburg Times, Carlos Pena has signed a three year deal worth about $24MM. The deal buys out one year of free agency. ...
Carlos Pena gets 3 years $24 million
Published 1/18/2008 at BBTF's Baseball Primer Newsblog
Carlos Pena gets 3 years $24 million Deal of the winter? The Rays have agreed to a three-year deal with team MVP Carlos Pena for approximately $24-million, the Times has learned. Pena, 29, was the consensus American League Comeback Player of the Year after a spectacular season in which he finished with a team-record 46 home runs and 121 runs batted in. The contract would be one of the largest given by Stuart Sternberg’s ownership group, and among the largest in franchise history. It would keep Pena with the team through 2010, avoiding arbitration this season and next and ...
New-look, new-attitude Rays strike again
Published 1/18/2008 by Scott Caruso at Rays of Light
Carlos Pena is the latest example of what the management group is willing to do to put a winner out on the field. There wasn’t an option in the system to play first base for the next 3 seasons, so what did the team do? It signed him to a 3-year, $24 million contract today. If Pena can put up anything like the numbers he did in 2007, this deal is a helluva steal. ( The Heater ) Maybe the Rays overpaid a bit for a player who had one good season, but I’m more inclined to believe that he just took a while to “get it.” Now, the Rays have a big masher in the middle of the order ...
Bargain to Big Bucks
Published 1/18/2008 by StatsGuru at Baseball Musings
The Tampa Bay Devil Rays were confident enough in Carlos Pena's one great season to sign him to a three-year deal for $24 million . The contract would be one of the largest given by Stuart Sternberg's ownership group, and among the largest in franchise history. It would keep Pena with the team through 2010, avoiding arbitration this season and next and buying out his first year of free agency. ...
Carlos Pena Agrees to 3-Year Deal With Rays
Published 1/18/2008 by McFleece at MLB Fleece Factor
... agreed to a 3-year deal worth “approximately $24 million,” according to the St. Petersburg Times. Pena, who has two arbitration years remaining, essentially sells his first year of free agency with this deal - a rare move by a Scott Boras client. ...
Pena Inks 3-Year Deal For 24 Million
Published 1/18/2008 by Eric SanInocencio at Outs Per Swing
... According to the St. Pete Times, the signing is official and will be announced later this afternoon. Pena, who was the team’s MVP last season, swatted a Rays record 46 home runs while driving in 121. Seeing as how he was a non-roster invitee to Spring Training, he was definitely among the top bargains in all the major leagues last year. ...
Rays Dealings: Pena, Kazmir, Shields
Published 1/18/2008 by Tim Dierkes at MLB Rumors - MLBTradeRumors.com
... , but now we have the breakdown via Marc Topkin. He'll get $6MM in '08, $8MM in '09, and $10.125MM in '10. Meanwhile fellow Boras client Matt Holliday will get $9.5MM in '08 and $13.5MM in '09. Holliday may be the superior player, but is he 60% better? Seems Pena just wanted the security and likes Tampa Bay. ...

