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Moriarty9 · 05-13-2008, 01:21 AM

Red Sox re-sign shortstop Ramirez
Contract could run through 2017, $134 million
Tuesday, September 28, 2010

BOSTON - The Red Sox announced today that shortstop Hanley Ramirez has signed a six-year contract extension with a team option for a seventh season.
The deal is for a guaranteed $114,140,000, with the possibility of an additional $20 million in 2017. Ramirez had been awarded a 2010 salary of $7.775 million through arbitration prior to the season.
"I'm very happy to know that I'll be here at Fenway Park for quite awhile, hopefully for the rest of my playing days," Ramirez said at a press conference announcing the extension. "I want to thank the Red Sox for making this commitment and putting their trust in me for the next several years."
Ramirez, 26, has spent all but 95 of his 851 big league games in a Boston uniform. He came up with the Texas Rangers in 2005 but was traded to the Red Sox in exchange for shortstop Rafael Furcal, whom the Red Sox had decided they could not afford to re-sign at that season's end.
Ramirez, a 2008 American League All Star, is a .298 career hitter with 1,026 hits, 63 triples, 90 home runs, 606 runs scored and 219 stolen bases. This season, he has hit .275 with 45 doubles (matching a career high set in 2005 and 2006), 12 triples, 20 homers (matching a career high set in 2006), 93 RBI, 104 runs and 30 stolen bases in 148 games so far.
Ramirez may be the only noteworthy potential free agent signed by Boston before the winter comes due to fiscal constraints. The team's payroll is more than $136 million at this time.
The Red Sox would like to re-sign leftfielder Manny Ramirez, 38, but the future Hall of Famer is reportedly looking for a multi-year deal worth almost $18 million guaranteed annually. Manny is hitting .303 with 31 home runs, 100 RBI and 103 runs in 146 games and has been a member of the team since 1996. He has 2,596 hits in his illustrious career, along with 565 home runs and 1,752 RBI.
Veteran Todd Helton is also a potential free agent. Helton, 37, has played all but 87 games of his big league career with the Red Sox. A two-time AL MVP, Helton's skills have noticeably diminished in recent years and is in the final season of a five-year, $88.35 million contract. He has hit just .187 with two homers, 27 RBI and 28 runs in 54 games this season, taking home $18.5 million. He is a lifetime .319 hitter with 1,962 hits, 342 homers and 1,253 RBI.
Boston is not expected to make an offer to its only other big leaguer eligible for free agency, back-up catcher Josh Phelps. Making $500,000 this season, Phelps has hit .214 with two home runs, 17 RBI and 26 runs in 85 games.
"Certainly, we'd like to retain a lot of the players we've developed or that have made significant contributions to the team but we have to work within our budget," Red Sox GM Shaun Moriarty said. "We already have $76 million on the books for next season, not counting the arbitration induced salaries."
Boston must also decide on what action to take with outfielder Ichiro Suzuki. The team holds an $8 million option for 2011 on the .321 lifetime hitter. Suzuki appeared in just 17 games this season before rupturing his Achilles tendon and being placed on the 60-day disabled list for the remainder of the year. The Red Sox are expected to decline the option if they feel they can sign him to a new contract at a lower payrate. Missing the entire season will not help Suzuki's cause in getting the most amount of money possible.
He also noted that while Ramirez, Helton and Phelps are free agents this year, the team must also budget for the potential free agent group at the end of next season as Roy Oswalt and Miguel Cabrera become eligible.

05-13-2008, 01:21 AM	#86 (permalink)
Moriarty9 Major Leagues Join Date: Jun 2007 Posts: 384	Red Sox re-sign shortstop Ramirez Contract could run through 2017, $134 million Tuesday, September 28, 2010 BOSTON - The Red Sox announced today that shortstop Hanley Ramirez has signed a six-year contract extension with a team option for a seventh season. The deal is for a guaranteed $114,140,000, with the possibility of an additional $20 million in 2017. Ramirez had been awarded a 2010 salary of $7.775 million through arbitration prior to the season. "I'm very happy to know that I'll be here at Fenway Park for quite awhile, hopefully for the rest of my playing days," Ramirez said at a press conference announcing the extension. "I want to thank the Red Sox for making this commitment and putting their trust in me for the next several years." Ramirez, 26, has spent all but 95 of his 851 big league games in a Boston uniform. He came up with the Texas Rangers in 2005 but was traded to the Red Sox in exchange for shortstop Rafael Furcal, whom the Red Sox had decided they could not afford to re-sign at that season's end. Ramirez, a 2008 American League All Star, is a .298 career hitter with 1,026 hits, 63 triples, 90 home runs, 606 runs scored and 219 stolen bases. This season, he has hit .275 with 45 doubles (matching a career high set in 2005 and 2006), 12 triples, 20 homers (matching a career high set in 2006), 93 RBI, 104 runs and 30 stolen bases in 148 games so far. Ramirez may be the only noteworthy potential free agent signed by Boston before the winter comes due to fiscal constraints. The team's payroll is more than $136 million at this time. The Red Sox would like to re-sign leftfielder Manny Ramirez, 38, but the future Hall of Famer is reportedly looking for a multi-year deal worth almost $18 million guaranteed annually. Manny is hitting .303 with 31 home runs, 100 RBI and 103 runs in 146 games and has been a member of the team since 1996. He has 2,596 hits in his illustrious career, along with 565 home runs and 1,752 RBI. Veteran Todd Helton is also a potential free agent. Helton, 37, has played all but 87 games of his big league career with the Red Sox. A two-time AL MVP, Helton's skills have noticeably diminished in recent years and is in the final season of a five-year, $88.35 million contract. He has hit just .187 with two homers, 27 RBI and 28 runs in 54 games this season, taking home $18.5 million. He is a lifetime .319 hitter with 1,962 hits, 342 homers and 1,253 RBI. Boston is not expected to make an offer to its only other big leaguer eligible for free agency, back-up catcher Josh Phelps. Making $500,000 this season, Phelps has hit .214 with two home runs, 17 RBI and 26 runs in 85 games. "Certainly, we'd like to retain a lot of the players we've developed or that have made significant contributions to the team but we have to work within our budget," Red Sox GM Shaun Moriarty said. "We already have $76 million on the books for next season, not counting the arbitration induced salaries." Boston must also decide on what action to take with outfielder Ichiro Suzuki. The team holds an $8 million option for 2011 on the .321 lifetime hitter. Suzuki appeared in just 17 games this season before rupturing his Achilles tendon and being placed on the 60-day disabled list for the remainder of the year. The Red Sox are expected to decline the option if they feel they can sign him to a new contract at a lower payrate. Missing the entire season will not help Suzuki's cause in getting the most amount of money possible. He also noted that while Ramirez, Helton and Phelps are free agents this year, the team must also budget for the potential free agent group at the end of next season as Roy Oswalt and Miguel Cabrera become eligible.