Sox Bargain Gets Cheaper: Wakefield Agrees to 2-Year Contract

Thanks to Drugs Delaney for breaking the news here on OTM.

Long said to be one of the best bargains in baseball, Tim Wakefield's perpetual $4 million team option will not be picked up for the first time since 2005. Instead, the Red Sox today signed him to a two-year deal worth $5 million with incentives thought to be worth a maximum of $2 million. Those 2 years should gives him a good shot at taking over some team records--not a surprise, given his lengthy tenure with the team.

For the Sox, this deal not only shaves off about a million dollars from their 2010 budget, but more importantly, given its frontloaded nature ($3.5 million in 2010, $1.5 million in 2011) gives them salary relief to spend on the impressive 2011 free agent class.

X
Log In Sign Up

forgot?
Log In Sign Up

Please choose a new SB Nation username and password

As part of the new SB Nation launch, prior users will need to choose a permanent username, along with a new password.

Your username will be used to login to SB Nation going forward.

I already have a Vox Media account!

Verify Vox Media account

Please login to your Vox Media account. This account will be linked to your previously existing Eater account.

Please choose a new SB Nation username and password

As part of the new SB Nation launch, prior MT authors will need to choose a new username and password.

Your username will be used to login to SB Nation going forward.

Forgot password?

We'll email you a reset link.

If you signed up using a 3rd party account like Facebook or Twitter, please login with it instead.

Forgot password?

Try another email?

Almost done,

By becoming a registered user, you are also agreeing to our Terms and confirming that you have read our Privacy Policy.

Join Over the Monster

You must be a member of Over the Monster to participate.

We have our own Community Guidelines at Over the Monster. You should read them.

Join Over the Monster

You must be a member of Over the Monster to participate.

We have our own Community Guidelines at Over the Monster. You should read them.

Spinner.vc97ec6e

Authenticating

Great!

Choose an available username to complete sign up.

In order to provide our users with a better overall experience, we ask for more information from Facebook when using it to login so that we can learn more about our audience and provide you with the best possible experience. We do not store specific user data and the sharing of it is not required to login with Facebook.

tracking_pixel_9351_tracker