Friday, February 1, 2008

Mets Finalize Santana Deal

MLB.com: Neither the value not the length of the contract is known, but executives in the game had said since early Friday afternoon that they expected Santana to have a contract through 2014 worth $139 million. That figure would reflect annual salaries averaging about $22 million and a signing bonus of about $7 million that would increase the 2008 earnings of the two-time American League Cy Young Award winner to about $20.25 million. The average annual value of the deal would be about $19,587,000.

UPDATE: Santana and the Mets agreed Friday to a $137.5 million, six-year contract extension...

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