Red Sox Sign Pedroia To Extension

5:57pm: MLB.com’s Ian Browne wonders if the Pedroia signing is the first of several.  Will the Sox be able to hammer out extensions with Jon Lester, Kevin Youkilis, and Jonathan Papelbon this winter?

11:33am: Tony Massarotti has the contract breakdown.

11:18am: According to Ken Rosenthal, the Red Sox signed second baseman Dustin Pedroia to a six-year deal worth about $40.5MM.  ESPN’s Peter Gammons was right on this scoop as well.  The deal buys out two years of free agency and also has a club option for 2015.

Rosenthal cites the deals signed by Hanley Ramirez, David Wright, and Ryan Braun as comparables.  Pedroia’s deal covers one pre-arbitration season, all three arb seasons, and two years of free agency.  Ramirez received $54.4MM for the same slice of his career, Wright got $55MM, and Braun received $43.8MM.  Also, Brian McCann gets $37.8MM, Grady Sizemore gets $30.95MM, Evan Longoria is at $31.95MM, Robinson Cano gets  $42.49MM, and Chase Utley gets $55.5MM.  That assumes options are exercised, where applicable.


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