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Red Sox, Dustin Pedroia agree to a contract extension

Jul 23, 2013, 1:36 PM EDT

Rob Bradford of WEEI has the news:

And to clarify:

This seems pretty spiffy for all sides, yes? The Sox lock up the foundation of their offense, defense and clubhouse all at an annual rate that is better than a lot of teams’ top stars get. Yes, he may not look great at the end of that deal given his age now and the fact that he’s a second baseman, but (a) he’s been a bargain for his entire career before now; and (b) it’s not like there are freely-available Dustin Pedroia replacements out there on the market. The next one out there would’ve been, well, Dustin Pedroia, and by the time he’s a free agent his price will likely be way, way higher. I guess you could count Robinson Cano, but he’s gonna cost way more than $15 million a year.

The Sox did well here. Especially given that we live in a time when most elite players are getting locked up way before they hit the market.  You can’t just buy a team anymore. Ask the Yankees about that.

  1. jayscarpa - Jul 23, 2013 at 1:41 PM

    It would be weird to see Pedroia on another team.

    • Rick Cosmo - Jul 23, 2013 at 9:54 PM

      that would be very disturbing..Pedroia just became my favorite player..he’s not about the money and I like that

  2. bfunk1978 - Jul 23, 2013 at 1:42 PM

    Talk about cheap, relatively speaking. Cano is like “crap”.

  3. bigharold - Jul 23, 2013 at 1:43 PM

    “The Sox did well here.”

    Really? Paperlion is going to have a fit, .. clrearly Ben didn’t take his advise.

  4. dondada10 - Jul 23, 2013 at 1:45 PM

    If Pedroia was a free-agent this off-season, he would exceed 7/100 by a good amount. He would probably get David Wright money (8/138).

    • butthatmakestoomuchsense - Jul 23, 2013 at 2:22 PM

      But he WASN’T a free agent after this year. The Red Sox had him locked up through 2015.

      I’m in the minority here but this looks like a terrible deal for Boston, right out of the Ryan Howard playbook. Pedroia is going to be 36, 37, 38, and 39 years old and making $17 M a year. By the time he reaches those ages he won’t be good anymore.

      • Caught Looking - Jul 23, 2013 at 2:30 PM

        Howard is making $25 million today. Pedroia will get $17 million (or 32% less than Howard) eight seasons from now. The math isn’t nearly the same.

        Plus, Howard is already broken down early into that extension.

      • melo5812 - Jul 23, 2013 at 4:37 PM

        Unless you have trouble with math he will be 37 years old at the expectation of the current 5 yr extension as he is 29 years old now and turning 30 soon so 37 at the end of this contract and will not be under contract for ages 37 38 and 39 lol

      • butthatmakestoomuchsense - Jul 23, 2013 at 8:29 PM

        @melo5812 – Dude, first thing the article says is that the deal goes from 2015 – 2021.

  5. chiadam - Jul 23, 2013 at 1:49 PM

    now if only he was allowed on rollercoasters.

  6. theaxmancometh - Jul 23, 2013 at 1:51 PM

    Another 9 figure contract that goes well into the players late 30s… At least it’s not $200m I guess. Cano will likely get that & it’ll be A Rod all over again, hopefully without the roids scandal however.

  7. 18thstreet - Jul 23, 2013 at 2:02 PM

    Bidding on Cano starts at seven years. Good luck, Yankees.

    • uyf1950 - Jul 23, 2013 at 2:15 PM

      18thstreet, you seem awfully concerned with the Yankees. In another blog here you were preoccupied with the Yankees roster, now with what Cano will get. Tell me are you a closet Yankees fan? OR just trying to make yourself feel good that the Red Sox just agreed to pay Pedroia well past his prime. If my math is correct the Red Sox now have guaranteed to pay Pedroia through his 37th birthday. It’s a good deal for the Sox in the beginning and a better deal for Pedroia probably the last 3 years of that deal.

      BTW, if you want my opinion about Cano. I hope if the contract talk leans in the direction of 7 or more years. I hope the Yankees trade him and get the prospect package an elite hitter will generate.

      • 18thstreet - Jul 23, 2013 at 2:16 PM

        I spend equal amounts of time rooting for the Red Sox and rooting against the Yankees. It’s not healthy.

      • turdfurgerson68 - Jul 23, 2013 at 3:08 PM

        Why would the Yankees sign and then trade Cano for a ‘prospect package’???

        Why would any team do that? If they want Cano, they’ll sign him and keep their prospects.

        One poor season outta what, 20 and Yankee fans are talking gibberish?

      • uyf1950 - Jul 23, 2013 at 3:38 PM

        Turd, did anyone ever teach you how to comprehend what you read. I never said sign him and then trade him. I said If the contact talks lean in the direction of 7 years I would trade Cano and get the prospects that an elite player would bring. That means I would trade him as soon I realized he wasn’t willing to sign for a max of 6 years which I would make clear was my final offer before the end of the season.

        Please try and under the comment you are replying to BEFORE you comment on it.

      • turdfurgerson68 - Jul 23, 2013 at 4:47 PM

        uyf1950: from your (lack of) writing skills it’s obvious that you dropped out of 3rd grade.

        However, your point is still gibberish, at best. You’re saying that the Yankees give Cano an ultimatum to sign a six year or less deal or else be traded??

        Cano is intent on hitting the market. Why would ANY team give up ‘elite’ prospects for what amountts to a two or three month rental??

        Its time to start dealing with reality. Either the Yankees give him at least 7 yrs at around $25 mil per, or he may walk. No team is trading for him…no top prospects are headed to NY.

  8. aceshigh11 - Jul 23, 2013 at 2:08 PM

    Pedroia is a Red Sox lifer.

  9. rickdobrydney - Jul 23, 2013 at 2:09 PM

    Lot of cash for a injury prone guy — And if doesn’t cut down on that viscious swing as he gets older, the contract is gonna look really bad later on. Lucky for him he plays in that doubles bandbox of a balpark……

    • sabathiawouldbegoodattheeighthtoo - Jul 23, 2013 at 2:24 PM

      If he does cut down on his vicious swing, he’ll be Craig Counsel. Pick your poison.

    • adowding3 - Jul 23, 2013 at 2:29 PM

      Is this a serious comment? Injury prone? Aside from 2010, the fewest number of games hes played was 139 (his rookie year). He might get beat up over the course of 162, but he toughs it out all the while putting up better numbers than 90% of two baggers out there.

      And if his swing diminishes with age, that will put him at what, a BA of .280 with a constant potential gold glove? By the time 2021 rolls around, $15 mil for that production will be low balling him. Regardless of what ballpark he plays in.

  10. jcmeyer10 - Jul 23, 2013 at 2:21 PM

    Paying him partly for what he’s done and partly for what he will do. This contract will not be pretty by the end but it will age better than A-Rod, Hamilton, Pujols, Howard, Zito, etc.

  11. aarondommin - Jul 23, 2013 at 2:30 PM

    I agree witht thatmakessomuchsense. Terrible deal. They had Pedroia locked up through his productive years. They just turned a good contract into a bad one. Teams just cant help themselves. By the middle of 2015 this contract is going to be an albatross. I love pedroia but this just doesn’t make sense. If he were to be a free agent OBVIOUSLY they would have had their backs against the wall but this was just irrational. Albert Pujols thinks this is a smart contract

    • paperlions - Jul 23, 2013 at 2:47 PM

      This. It seems like a relatively cheap deal…until you realize that:

      1) It doesn’t start for 2.5 more years.
      2) He will turn 33 in the middle of the first year of the deal
      3) He’ll be 35+ for most of the deal

      The best the RS can hope for is that the deal isn’t a disaster…but the last 3 or 4 years are probably going to be painful.

      • unclemosesgreen - Jul 23, 2013 at 4:06 PM

        Great price, great deal. The length of the deal was set up with current-day luxury tax implications in mind, don’t get hung up on that. It’s really more like a 5 year / $20 million per extension that they get to pay out for 7 years.

        No one but The Laser Show himself believes that he’ll still be a second baseman in 2021.

      • paperlions - Jul 23, 2013 at 4:31 PM

        There are 6 position players that are everyday players in 2013 that are 37 years or older…in all of the major leagues. The likelihood that any player is productive at age 37 is tiny. Pedroia will be 37 for the last 2.5 years of his deal.

      • unclemosesgreen - Jul 23, 2013 at 4:33 PM

        I feel like you didn’t read my response very carefully. Did any part of my argument revolve around him being good in the last 2.5 years of the deal?

      • paperlions - Jul 23, 2013 at 4:38 PM

        If he sucks for the last 40% of the deal…it is not a great deal at a great price, and may not even be a good deal at a good price.

      • churchoftheperpetuallyoutraged - Jul 23, 2013 at 5:20 PM

        The likelihood that any player is productive at age 37 is tiny. Pedroia will be 37 for the last 2.5 years of his deal.

        Isn’t he being paid something like $15M/year at the end? At it’s current rate, that’s worth about 3WAR on the open market. If he puts up 2WAR, he’s slightly overpaid, but is that really an issue here?

        It’s not like he’s getting $25/$30M a year, right?

      • paperlions - Jul 23, 2013 at 5:25 PM

        Right now there are 5 position players 37 years or older on pace to put up 2 WAR or more. Five.

        How likely does it seem that Pedroia will be one of the select few that can do so?

        The “best” 38+ yr old player in the majors this year is Ichiro.

        Pedroia’s contract goes until he’s 39.

      • Reflex - Jul 24, 2013 at 12:13 AM

        Paperlion – Are you factoring in the fact that $15 mil in 2021 isn’t really the same as $15 mil in 2013? I honestly don’t see this deal as that bad because by the time it ends average salaries will be up considerably. Sox made a business decision, regardless of his play Pedroia will earn the team more than he costs, so from their perspective its a no-brainer.

  12. crispybasil - Jul 23, 2013 at 2:40 PM

    “By the middle of 2015 this contract is going to be an albatross.” lol

  13. laserrocketarm31 - Jul 23, 2013 at 2:46 PM

    I cannot believe all the money Pedroia has left on the table over the years especially with the Sox payroll.

    • fissels - Jul 23, 2013 at 8:12 PM

      I like it. Proves he’s a team guy. Teams win, me-first players don’t.

  14. florida727 - Jul 23, 2013 at 2:51 PM

    This guy’s going to being making approximately $327,000 per WEEK.

    For playing baseball?

    Am I the only one that sees this as a problem in our country?

    Talk about out-of-whack priorities…

    • 18thstreet - Jul 23, 2013 at 3:01 PM

      Yes, John Henry should give it all to firefighters, school teachers and orphans. Barring that, Dustin Pedroia is being paid what the market says he is worth.

    • hockeyflow33 - Jul 23, 2013 at 5:11 PM

      Stop watching sports

    • Rick Cosmo - Jul 23, 2013 at 10:00 PM

      Johnny Depp makes $20 Million per movie. I’d rather have Pedey on my team.

  15. rjostewart - Jul 23, 2013 at 2:56 PM

    He and Buchholz are the only Sox signed beyond 2015. Assuming Ben doesn’t trade the entire Sea Dogs roster for another reliever and bench outfielder, they’ve got a lot of flexibility going forward.

  16. coloradostupid - Jul 23, 2013 at 3:08 PM

    The tangibles are just as big as the intangibles here.

  17. rrealndfan - Jul 23, 2013 at 3:23 PM

    peroia must be really scarred for 7/100m since phillips got 5/72m. these poor second basemen getting such terrible treatment.

  18. sandrafluke2012 - Jul 23, 2013 at 3:49 PM

    How can anyone make that much when there are people starving in the world?

    • unclemosesgreen - Jul 23, 2013 at 4:07 PM

      By hitting frickin lasers, that’s how.

    • hockeyflow33 - Jul 23, 2013 at 5:12 PM

      I wonder if he would change his mind about signing if he had known doing so would have stopped world hunger

  19. jputignano - Jul 23, 2013 at 5:42 PM

    7/23/13; New York Yankees starting lineup vs Texas Rangers

  20. noslenisnelson - Jul 23, 2013 at 5:43 PM

    Reblogged this on Chatting with Nelson .

  21. hitdog042 - Jul 23, 2013 at 5:45 PM

    Anyone betting against Pedroia being a good player at 38 ignores his history. He’s been doubted his entire life. You bet on your own guys. This is a very good deal. As to the clown who cited injuries… He was hurt one year. Wow. 2b like Pedey don’t grow on trees. When he’s 38 he prob will still be better than a lot of players in the league.

  22. hitdog042 - Jul 23, 2013 at 5:47 PM

    I’m still completely fascinated why people care how the Red Sox spend their money. It’s not your money. It’s so funny. Omg we are paying him what? Baloney! No…we aren’t paying him anything. The Red Sox are. People need to assess their thinking.

    • xmatt0926x - Jul 23, 2013 at 6:29 PM

      Forget about where the Sox spend their money. Why do we still have arguments about star players signing deals in which a decent part of that deal is really nothing but pay for past performance and will simply “look like” a bad contract for the final couple years?

      I mean what star player getting his big deal in his prime get’s signed to these perfect deals where there isn’t a good chance that the final 2 or 3 years are going to be very expensive for players on the downside?

      It seems like the cost of doing business. Yes, some are worse than others. I think the Pujols deal will be just godawful for a good 5 years of that deal. Maybe Hamilton’s will be close to that bad. But guy’s like Pedroia and Votto,etc., you’re going to have to accept that to sign these caliber of guys that you’re going to have to bite the bullet in the final couple of years.

      I think most bog market teams can live with that. What they can’t live with are the Ryan Howard type deals where the contract is dead from day one.

  23. nolasoxfan2012 - Jul 23, 2013 at 6:19 PM

    It’s absurd to think that this will negatively impact Cano’s deal. His agent is Scott Boras and he’s going to have the Yankees, Dodgers, others competing to sign him. He’ll be the 2nd or 3rd highest paid player in the game next year no matter what Pedroia gets. The Red Sox will be paying Pedroia about 50-60% as much and getting about the same level of production.

    • Reflex - Jul 24, 2013 at 12:12 AM

      Actually Cano is with Jay Z’s Roc Nation now. No Boras. We’ll see how well they do on his contract soon…

  24. bornintoitiniowa - Jul 23, 2013 at 7:49 PM

    Well deserved. Look to see the “C” on his jersey soon

  25. fissels - Jul 23, 2013 at 8:10 PM

    I like how he plays. Makes me want to root for the Bosox!

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