The Blue Jays have signed Adam Lind to a four year deal worth $18MM, writes MLB.com's Jordan Bastian. Jon Paul Morosi of FoxSports.com tweets that the deal also includes club options for 2014, 2015, and 2016.
Bastian says that Lind will earn $400K in 2010 with a $600K bonus, then $5MM each year from 2011-2013. The 2014 option is worth $7MM with a $2MM buyout, the 2015 option is worth $7.5MM with a $1MM buyout, and the 2016 option is worth $8MM with a $500K buyout (Twitter link). If all of the options are picked up, Lind will earn $38.5MM over seven years.
Lind was entering his final pre-arbitration season in 2010, and wasn't scheduled to become a free agent until after the 2013 season. The deal buys out all three years of arbitration eligibility, and gives the team options for three free agent years.
The 26-year-old Lind broke out in a big way last season, hitting .305/.370/.562 with 46 doubles and 35 homeruns. Even though he's mostly a leftfielder and designated hitter, Toronto appears to get a tremendous bargain here. For comparison's sake, Nick Markakis will earn $62.455MM for the same seven year chunk of his career.