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Martinez re-signed by TB
Future Hall of Famer struggled in 2010
October 23, 2010
ST. PETERSBURG, Fla. — With the World Series about to begin in Philadelphia between the Phillies and Angels, the Tampa Bay Devil Rays made their own news by re-signing Pedro Martinez.
Martinez, who turns 39 in two days, will be taking a drastic pay cut to stay with the Devil Rays. He earned $20 million in 2010, going 8-16 with a 5.59 ERA in 31 games. In 2011, he will be paid $645,045 with the possibility of up to $190,000 in bonuses if he throws 200 innings or more. There is a mutual option for the 2012 season worth $700,045.
Martinez is 271-135 in his career with a 3.39 ERA and 3,870 strikeouts. He has been said to be interested in winning 300 games and striking out 4,000 batters before he retires.
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