July 23, 2013

Pedroia, Red Sox Agree To 7-Year Extension (2015-21)

Rob Bradford, WEEI:
According to a baseball source, the Red Sox and second baseman Dustin Pedroia have agreed to a seven-year, worth approximately $100 million extension that will begin following the final guaranteed year of his current deal. Pedroia is currently in the midst of six-year, $40.5 million deal that carries a team option for 2015.

The deal, according to the source, carries a full no-trade clause.
The new contract - which will average roughly $14.3/season - runs through 2021, at which time Pedroia will be 38 years old.

Read Pedroia's comments on the deal here.

11 comments:

FenFan said...

Well-deserved... Pedey is the heart and soul of this team.

How soon do they name him captain? :-)

Benjamin said...

[Will teammates look at you differently?]

Not really. They still have to look down at me. I’m pretty short.


Awesome.

Philip said...

Since this contract takes hold after the team option from the first contract, what would happen in a hypothetical scenario where the option was voided creating a one year gap between contracts?

allan said...

As I understand it, the new contract would begin after the last guaranteed year of the current contract, which is 2014. The team option for 2015 would go poof - and the new contract would start in 2015.

9casey said...

My son picked out his shirt this year at Fenway. Nice to know he has a player to associate with the Red Sox for awhile.

Great player for little leaguers to look up to.

9casey said...

And he could have easily waited for Cano to sign for 20 mil per year. And looked for similar money.

dj1480 said...

I think he sold himself short.

allan said...

Probably. But it's still pretty good money.

Zenslinger said...

I had been thinking 6/100 would be a good deal for the Sox. This is better -- but it is a lot of years. He could have gotten somewhat more, perhaps, but it's still pretty solid. He's Jeteresque in terms of his value -- there's not any shame in failing to be ridiculously overpaid.

Zenslinger said...

Latest is calling it 8/110 since it includes his $10m option year.

allan said...

Pedroia: "I'm not here to set markets. I'm here to win more games than the other second basemen."