The St. Petersburg Times' Rays blog has a note up about first baseman Carlos Pena. (Hat tip DRays Bay.) Pena is under team control through the 2009 season, but a multiyear extension is a possibility. The post says Pena will probably earn in the $4.5-7.5MM range in '08. In '09 he'd probably get up to the $12MM+ range.
Maybe the Rays could work out a three-year, $36MM extension to buy out one year of free agency? There was an erroneous report in late November that Pena had rejected a three-year, $30MM extension. Pena is represented by Scott Boras, who didn't seem optimistic about a multiyear deal in early December. Boras had all kinds of debatable quotes about Pena in September.
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