UPDATE, 1-3-08 at 6:20pm: Clement gets a $1.25MM base with another $5.25MM in incentives for ’08. The ’09 option is for $8.75MM, an amount that can increase based on innings pitched. Seems a low-risk deal for the Cards.
UPDATE, 1-3-08 at 3:21pm: The deal includes a club option for ’09 and as you’d expect is heavy on incentives. The base salary is not known yet.
FROM 1-3-08 at 2:27pm:
According to Bernie Miklasz of the St. Louis Post-Dispatch, the Cardinals have signed Matt Clement to a Major League deal.
Clement, 33, jumps back to the NL Central after spending 2002-04 with the Cubs. He had rotator cuff surgery in September of ’06, so he’s a complete unknown at this point. He joins Adam Wainwright, Joel Pineiro, and Braden Looper in the Cards’ rotation, with Chris Carpenter and Mark Mulder due at various points during the season. They still might have money for one more starter.