TheChrisSamsa Posted January 31, 2011 Share Posted January 31, 2011 (edited) Chicago gives Alexei Ramirez a new contract worth of $32.5 millions over four years, with a club opcion of $10 millions. http://twitter.com/#!/jorgeebro/status/32217491363074048 Please edit byline: club option for 2016, not 2015 Edited February 1, 2011 by scenario Quote Link to comment Share on other sites More sharing options...
Steve9347 Posted February 1, 2011 Share Posted February 1, 2011 I was just going to post this. That's big money. Quote Link to comment Share on other sites More sharing options...
TheChrisSamsa Posted February 1, 2011 Author Share Posted February 1, 2011 QUOTE (Steve9347 @ Jan 31, 2011 -> 06:01 PM) I was just going to post this. That's big money. Big money and big value if Alexei keeps progressing. Quote Link to comment Share on other sites More sharing options...
lostfan Posted February 1, 2011 Share Posted February 1, 2011 It's fair value for Alexei. Best defensive SS in the AL, and elite defensive SS's that can actually hit don't grow on trees anymore post-steroid era. Quote Link to comment Share on other sites More sharing options...
bschmaranz Posted February 1, 2011 Share Posted February 1, 2011 Awesome news. Quote Link to comment Share on other sites More sharing options...
Balta1701 Posted February 1, 2011 Share Posted February 1, 2011 If the club option year is 2016, then Alexei is now under team control for 6 seasons counting the option. Therefore, he's still under contract for this year, this deal then buys out his 2 remaining arb eligible years, and buys out 2 FA years, along with an option to buy out a 3rd FA year. Quote Link to comment Share on other sites More sharing options...
MattZakrowski Posted February 1, 2011 Share Posted February 1, 2011 I'm doing cartwheels. I love this deal! Quote Link to comment Share on other sites More sharing options...
GreatScott82 Posted February 1, 2011 Share Posted February 1, 2011 Great sign Its going to be fun watching the Ramirez-Beckham double-play connection over the next 4+ years! Quote Link to comment Share on other sites More sharing options...
ChiliIrishHammock24 Posted February 1, 2011 Share Posted February 1, 2011 (edited) So the contract ends when he is 34? Hope he doesn't decline too quickly into his 30's. Edited February 1, 2011 by JoeCoolMan24 Quote Link to comment Share on other sites More sharing options...
TheChrisSamsa Posted February 1, 2011 Author Share Posted February 1, 2011 (edited) QUOTE (Balta1701 @ Jan 31, 2011 -> 06:13 PM) If the club option year is 2016, then Alexei is now under team control for 6 seasons counting the option. Therefore, he's still under contract for this year, this deal then buys out his 2 remaining arb eligible years, and buys out 2 FA years, along with an option to buy out a 3rd FA year. http://www.rotoworld.com/content/playerpag...896&id=5292 Rotoworld states that Alexei will still play under his $2.75 million contract for 2011, and the extension is for the 2012-2015 seasons with the $10 million option for the 2016 season. Edited February 1, 2011 by ChrisLikesBaseball Quote Link to comment Share on other sites More sharing options...
ChiliIrishHammock24 Posted February 1, 2011 Share Posted February 1, 2011 QUOTE (ChrisLikesBaseball @ Jan 31, 2011 -> 07:37 PM) http://www.rotoworld.com/content/playerpag...896&id=5292 Rotoworld states that Alexei will still play under his $2.75 million contract for 2011, and the extension is for the 2012-2015 seasons with the $10 million option for the 2016 season. Does it state how much he will make each year? I hope it's not backloaded. Quote Link to comment Share on other sites More sharing options...
TheChrisSamsa Posted February 1, 2011 Author Share Posted February 1, 2011 QUOTE (JoeCoolMan24 @ Jan 31, 2011 -> 06:45 PM) Does it state how much he will make each year? I hope it's not backloaded. I haven't seen anything about how it's divided yet, but multiple sources are reporting the total number and the extension value. I don't know if The White Sox can afford another backloaded contract. Quote Link to comment Share on other sites More sharing options...
joeynach Posted February 1, 2011 Share Posted February 1, 2011 QUOTE (ChrisLikesBaseball @ Jan 31, 2011 -> 06:37 PM) http://www.rotoworld.com/content/playerpag...896&id=5292 Rotoworld states that Alexei will still play under his $2.75 million contract for 2011, and the extension is for the 2012-2015 seasons with the $10 million option for the 2016 season. Great to see the White Sox reward him for his tremendous efforts and pay him accordingly after he was making about $1.1M for the last 3 years. Send a great message to the White Sox young core of players. Quote Link to comment Share on other sites More sharing options...
GreatScott82 Posted February 1, 2011 Share Posted February 1, 2011 QUOTE (joeynach @ Jan 31, 2011 -> 06:59 PM) Great to see the White Sox reward him for his tremendous efforts and pay him accordingly after he was making about $1.1M for the last 3 years. Send a great message to the White Sox young core of players. I agree! I hope Beckham ERUPTS this year! Quote Link to comment Share on other sites More sharing options...
Kalapse Posted February 1, 2011 Share Posted February 1, 2011 QUOTE (JoeCoolMan24 @ Jan 31, 2011 -> 06:45 PM) Does it state how much he will make each year? I hope it's not backloaded. It will almost undoubtedly be back-loaded but nothing crazy, something like: $6M, $8M, $9M, $9M, $500K buyout. By the 3rd year of Alexei's deal the Sox will only have Rios ($12.5M) and Dunn ($15M) under contract and Alexei's all alone in year 4, Rios has a $13.5M team option that season. Quote Link to comment Share on other sites More sharing options...
Pale Sox Posted February 1, 2011 Share Posted February 1, 2011 QUOTE (Kalapse @ Jan 31, 2011 -> 08:19 PM) It will almost undoubtedly be back-loaded but nothing crazy, something like: $6M, $8M, $9M, $9M, $500K buyout. By the 3rd year of Alexei's deal the Sox will only have Rios ($12.5M) and Dunn ($15M) under contract and Alexei's all along in year 4, Rios has a $13.5M team option that season. Yeah something like this makes sense. Quote Link to comment Share on other sites More sharing options...
shipps Posted February 1, 2011 Share Posted February 1, 2011 Wow ARam getting about 8 mil more than I would have gave him. But I can be a cheap selfish bastard. Quote Link to comment Share on other sites More sharing options...
southsider2k5 Posted February 1, 2011 Share Posted February 1, 2011 QUOTE (Kalapse @ Jan 31, 2011 -> 07:19 PM) It will almost undoubtedly be back-loaded but nothing crazy, something like: $6M, $8M, $9M, $9M, $500K buyout. By the 3rd year of Alexei's deal the Sox will only have Rios ($12.5M) and Dunn ($15M) under contract and Alexei's all alone in year 4, Rios has a $13.5M team option that season. That is a steal if he produces like he has to this point. Especially when you think of the teams that could be looking for SS's in the coming years. Quote Link to comment Share on other sites More sharing options...
chw42 Posted February 1, 2011 Share Posted February 1, 2011 (edited) Let's hope Alexei keeps up his defense from last year for the next 5 seasons. I must say this is a great value signing given his current talent level (which is a 3.5-4 win player). Edited February 1, 2011 by chw42 Quote Link to comment Share on other sites More sharing options...
thedoctor Posted February 1, 2011 Share Posted February 1, 2011 QUOTE (ChrisLikesBaseball @ Feb 1, 2011 -> 12:37 AM) http://www.rotoworld.com/content/playerpag...896&id=5292 Rotoworld states that Alexei will still play under his $2.75 million contract for 2011, and the extension is for the 2012-2015 seasons with the $10 million option for the 2016 season. even though they picked up his 2.75 option for this year is it assured that the deal starts in 2012? could they pick up the option, then tear it up once they re-negotiated? if he's playing for 2.75 this year and then the deal picks up next year that makes a pretty damn good deal even better. i'm not terribly familiar with how the contracts work (obvi). Quote Link to comment Share on other sites More sharing options...
TheChrisSamsa Posted February 1, 2011 Author Share Posted February 1, 2011 QUOTE (thedoctor @ Jan 31, 2011 -> 08:02 PM) even though they picked up his 2.75 option for this year is it assured that the deal starts in 2012? could they pick up the option, then tear it up once they re-negotiated? if he's playing for 2.75 this year and then the deal picks up next year that makes a pretty damn good deal even better. i'm not terribly familiar with how the contracts work (obvi). I'm under the impression that this is an extension to be tacked on after his current contract, which is up after this year. It would be bad business for the white sox to have someone under contract for cheap and offer him more money when they don't have to yet. But it's good business to lock him up beyond this year at a fixed rate before he gets to arbitration or free agency. It's a great deal. Quote Link to comment Share on other sites More sharing options...
thedoctor Posted February 1, 2011 Share Posted February 1, 2011 merkin says the deal isn't done: whitesox.com Quote Link to comment Share on other sites More sharing options...
quickman Posted February 1, 2011 Share Posted February 1, 2011 QUOTE (southsider2k5 @ Jan 31, 2011 -> 07:57 PM) That is a steal if he produces like he has to this point. Especially when you think of the teams that could be looking for SS's in the coming years. Hey I know this is unrelated but remember when I told you freddie would sign for 1.5 mill? Quote Link to comment Share on other sites More sharing options...
Quin Posted February 1, 2011 Share Posted February 1, 2011 I like it. If he produces like he still is, then this contract is a steal. Quote Link to comment Share on other sites More sharing options...
Kenny Hates Prospects Posted February 1, 2011 Share Posted February 1, 2011 This is one of the best offseason moves Kenny has made this season. Quote Link to comment Share on other sites More sharing options...
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