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Red Sox sign Dustin Pedroia to Extension
Over the Monster —
... You saw it here first! According to ESPN, the Boston Red Sox sign Dustin Pedroia to a 6-year $40.5MM extension through 2014, with an option for 2015! ...
Dustin Pedroia: Highest Paid Player Ever?
The Bad News Bloggers —
... Well, not quite, but ESPN's little glitch stunned me for a second. It's actually a $40.5 million deal that skips all of Pedroia's arbitration and two FA years. Pretty good deal and really makes the Evan Longoria $17.5 million deal pale in comparison. ...
Investing in Small Caps: Sox Lock Up Pedroia for Six Years
The House That Dewey Built —
... According to Peter Gammons on ESPN.com, the Red Sox have signed 2008 American League MVP Dustin Pedroia to a six year $40.5 million contract. ...
AL MVP Pedroia Gets Hefty Raise
Sports Business Radio blogs —
You may remember I recently told you that Boston Red Sox 2B and AL MVP Dustin Pedroia offered one of the best return on investments of any athlete ever. Pedroia made a paltry $457K this past season for his MVP efforts. And his agent didn't even negotiate a performance clause in his contract that rewarded him if Pedroia won the MVP award. I guess even his own agent didn't forsee an MVP season Pedroia's future.
The Red Sox rewarded Pedroia for his efforts today though. They signed him to a 6-year, $40.5M deal.
So for you math majors out there, Pedroia will ...
Pedroia Gets Locked Up
The Mighty Quinn Media Machine —
No, not in jail. The Red Sox signed current AL MVP Dustin Pedroia to a six-year, $40.5 million deal. A great move by the Red Sox, as it is one of the biggest deals ever to player not yet eligible for free agency, and it takes Pedroia through his three arbitration years and first two free agent eligible seasons. He's signed through 2014, with a $11 million option for 2015. Here's more from ESPN.
This Is Why Draft Picks Are a Good Idea
SimonOnSports —
... So what ended up happening? The Red Sox signed Pedroia, again the AL MVP, to a 6 year deal worth 40.5 million dollars with an option for a 7th year. 40.5 million dollars for the AL MVP for 6 years. You know what you're going to get for 40.5 million dollars Brian? A year and a half of Sabathia or a two years and a half of Burnett.
MVP Winner's Short Stature Limits Ability to Rob Boston's Bank
Lookout Landing —
... signed a six-year, $40.5 million contract today with an option for a seventh year at an undisclosed amount. These six years buys out one pre-arb year, all three arb years and two free-agent seasons. Thanks to the standard formula that arbitration typically comes in at 40, 60 and 80% of the player's market value, on average over the three years, we can easily figure out what the Red Sox are valuing Pedroia at. ...
Sox, Pedroia Agree on 6-Year Extension
The Joy of Sox —
Gammons: The Red Sox wasted no time locking up American League MVP Dustin Pedroia with a six-year, $40.5 million contract, with an option for 2015, that takes them through three arbitration and two free-agent seasons. ... The 25-year-old second baseman will receive a signing bonus of $1.5 million and a salary of $1.5 million in 2009, followed by salaries of $3.5 million, $5.5 million and $8 million in what would have been his three years of arbitration eligibility. Pedroia would earn $10 million salaries in 2013 and 2014. The deal, negotiated by agents ...
Sox give Pedroia 6 year / 40 million contract
Lone Star Ball —
Sox give Pedroia 6 year / 40 million contract
seems high, but it locks him up through arbitartion years and 2 possible free agent seasons. Way to cash in on that MVP.
In the article we see why Gammons is the pinnacle of unbiased reporting
"That the ...
ESPN: Red Sox make Pedroia highest paid player
River Avenue Blues —
... The reigning AL MVP has signed a six-year, $40.5 million contract extension. The Red Sox are buying out two years of Dustin Pedroia’s free agency at market rate. ESPN just wishes Boston were going a bit overboard. (Hat tip to long-time reader Patrick for mailing this one in.) ...
Lock-Up
YankeesRedSox.com —
... According to ESPN's Peter Gammons, Pedroia agreed to a 6-year, $40.5 million deal. According to Tony Massarotti of Boston.com/The Boston Globe, here is the ...
Burnett to Atlanta; Markakis and Pedoria
Oriole Post - Baltimore Orioles Analysis & News; The World of Baseball and Beyond —
... While many are waiting for news to come out from the Warehouse about any important signings, moves, etc., the Red Sox went ahead and signed Dustin Pedroia to a six-year, $40.5 million contract extension, with an option for 2015, that takes them through three arbitration and two free-agent seasons. Smart move for the Sox; thus, what does this for Nick Markakis and the Orioles. ...
Busy Times and a Couple Signings
BostonsportZ —
... The Sox signed Pedroia to a 40.5m extension, securing him up through 2015. It's probably the least amount any AL MVP has signed for since 1990 (complete speculation there, btw, I'm way too busy to look up the stats on it). Pedroia swings almost literally out of his shoes and has been a huge boon to this club, he's really setting a great tone for the team and the young players coming in that you can produce and be successful right from the beginning. ...
Pedroia Signs Six Year Deal
New England Sports Blog —
... "Mighty Might" Dustin Pedroia has signed a six year 40 million dollar extension to stay with Boston until the 2014 season with a club option for the year 2015. ...
'Little Dusty' cashes in big
Red Sox Monster —
And now, the love affair becomes complete. If you're looking for most important story line when discussing today's announcement that Dustin Pedroia has signed an impressive $40 million, six-year contract extension with the Red Sox, that's it. No longer do we have to worry about that 2 percent chance that Pedroia and Theo Epstein would eventually get in a slap fight over a contract, with Pedroia eventually giving Theo an atomic wedgie before leaving as a free agent. With this signing, he has officially become the new face of the franchise, a MVP and two-time All-Star who will ...
amBuzz: Giants are Active, Atkins, Dustin, Green
MetsBlog.com —
... Lastly, the Red Sox signed 2B Dustin Pedroia to a six-year, $40 million deal, which extends in to his first two seasons of free agency, as was first reported by Peter Gammons at ESPN.com. ...
Yes, I Like the Pedroia Deal
Sabernomics —
…just like everyone else. Six years for $40.5 million: what’s not to like? You lock up a young Dustin Predroia whose net worth is tied to a single undiversifiable asset—the ability to play baseball well—for a price well below what the team expects to pay out in a series of one-year contracts. I stated the logic in my analysis of the Evan Longoria deal.
Individuals tend to be risk averse, meaning that they are willing to sacrifice income to reduce risk. Just ask Marcus Giles about what it’s like to go from an All-Star ...
Tuesday Taters
ESPN Feed: neyer rob —
... was a free agent and got a reasonable six-year contract -- as opposed to the deal he actually just got , he'd be worth
wait for it
...
Christmas Come Late For Cole
Jorge Says No! —
First Dustin Pedroia. Then Kevin Youkilis. Now Cole Hamels. All rising stars, who now have reasonable long term contracts! Can you feel the excitement! The Phillies have signed SP Cole Hamels to a 3 year/$20.5 million dollar extension today that locks up their ace through 2011. The deal is somewhat of a landmark because it does not buy out any of Hamels's free agent years and actually leaves Hamels with one more year of arbitration. "We're very pleased with the fact that Cole has had an opportunity to be rewarded for his accomplishments ...
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