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Blue Jays Sign Alex Rios, Aaron Hill

Surprise move by the Jays today - they inked second baseman Aaron Hill to a four-year, $12MM deal with club options for three years after that.  The deal begins with the '08 season and then covers his three arb years.  Orlando Hudson, a decent comparable, got about $12.8MM for a similar slice of his career.  Sounds fair, and the options are a nice bonus for the Jays. 

The Jays also completed Alex Rios' six-year, $64MM deal.  This is another fine contract for Toronto, as they get four of Rios' free agent years at a below-market price.  The Jays have a seventh year option for Rios at $13.5MM, with a $1MM buyout attached.  The contract includes a complete no-trade clause for the first two years and a partial thereafter.


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Comments

i can't believe hill was locked up for such a bargain. i look forward to watching the jays pushing the yanks and sox off the top of the al east in a few years.

Woo hoo
Snider/Wells/Rios for a long long time.

Wow, from Hill's comments this week I expected it to wait until the end of the season. Bravo.

Wow. Hill kind of got raped on this deal.

Hill's agent must be Tim Wakefield.

"Woo hoo
Snider/Wells/Rios for a long long time."

Lind/Wells/Rios. Snider at DH. Add Hill, Overbay, and McGowan and this team is looking up.

Tim:

This deal replaces Hill's 2008 salary, meaning the 4 year/12 mil part does not cover any free agent years. Hill was not arbitration eligible in 2008.

The options are the only contracts that cover free agent years.

I will bet if LInd has a good year in AAA he'll be gone at the deadline.

One other thing to note is that the options are not 3 separate years.

After the 2011 season, the Jays will have to choose to pick up 1, 2 or 3 years of his option.

Thanks for the correction Grant.

Always glad to help :)

... Wow, nice. I knew the Rios deal was going to be announced today, but I never thought that Hill was going to sign this year. Whoa.

Despite how glad I am about this signing, ESPN says the contract was different.
http://sports.espn.go.com/mlb/news/story?id=3329890
it says that Rios signed for 7 years, 69.8 million.
Can someone clear this up for me?

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