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« Cubs Sign Edmonds | Main | Jocketty: No Talks To Trade Griffey »
Ryan Braun Signs Extension With Brewers
10:50am: More details from Haudricourt. The deal includes a $2.3MM signing bonus that will be paid this year and added to the $455K Braun was already set to make. In addition, there is an escalator clause that would up the value of the deal to $51MM if Braun's service time were to fall under "Super-2" status following the '09 season. That is not likely to happen as Braun acumulated only 129 days of service time in '07 and "Super-2" status usually requires 130-140 days. Also, the first 4 years of the deal include a complete no-trade clause.
10:06am: Haudricourt is now reporting that contract is 8 years in length and will include the '08 season and will be worth $45MM. This seems to confirm that the Brewers are buying out Braun's first two years of free agency.
9:08am: Continuing the trend of signing young stars to long-term deals long before arbitration-eligibility, Tom Haudricourt is reporting that the Brewers have inked Ryan Braun to a 7-year deal.
The amount of money is not known yet, but it is expected that the contract will be worth more than the $42MM deal signed by Jeff Suppan prior to the '07 season. That deal is currently the largest ever given by the Brewers.
Braun, 24 and last year's NL Rookie of the Year, was promoted last season in a manner that would have kept him just under Super-2 eligibility and he likely would not have been arbitration eligible until after the '10 season and a free agent until the fall of 2013.
If we assume the 7-year deal begins this season and that one or two years are team options that are eventually picked up, the Brewers have only bought out one year of free agency. Although Haudricourt believes the deal is an extension tacked on to this year's 1-year deal. That would mean the Brewers bought out two years of free agency.
Cork Gaines writes for Rays Index and can be reached here.
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Any extension for this guy is a good move. The guy can flat out rake.
Posted by: Aduncaroo | May 15, 2008 at 10:07 AM
The Brewers had to do something to answer the Jim Edmonds signing. /s
Posted by: Comma8 | May 15, 2008 at 10:28 AM
Is there a bonus involved if he takes a glove out to the field with him?
Posted by: worldcupfever | May 15, 2008 at 10:55 AM
Brilliant move. Kid's a beast.
Now...when are the motherf*#&*in' Orioles gonna extend Markakis?!!! If he is allowed to go anywhere, I don't care how beautiful Camden Yards is, it'll be flat out empty.
...Or we fans will burn it to the ground along with the warehouse, just to get rid of Angelos.
Posted by: milehigh78 | May 15, 2008 at 11:18 AM
Smart move by the Brewers. They are going to have to be selective in who they keep among their young core, and Braun is the right one to start with. They are not gonna be able to keep all of the young guys. Hart should be next. The power isnt there yet, but he is still hitting for average, driving in runs and getting on base. Hardy and Weeks?? Im not so sure on them anymore.
Posted by: forlife61 | May 15, 2008 at 11:40 AM
"...Or we fans will burn it to the ground along with the warehouse, just to get rid of Angelos."
Don't you hurt Fenway Park South. Your discomfort makes me chuckle.
Posted by: ArodSucksAtLife | May 15, 2008 at 01:18 PM
"Is there a bonus involved if he takes a glove out to the field with him?"
Check how many errors Braun has this year and get back to me :)
Posted by: unpluggedatnight | May 15, 2008 at 05:58 PM
They better teach him to play 3B because Matt LaPorta is really the power bat that should occupy LF. Think Adam Dunn minus the cannon.
Posted by: oxfrat1665 | May 15, 2008 at 11:06 PM
Laporta should actually invest in a first baseman's glove because prince won't be around forever...
Posted by: McNam003 | May 16, 2008 at 12:54 PM