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Blog Entry

Red Sox finally extend Adrian Gonzalez

Posted on: April 15, 2011 10:09 am
Edited on: April 15, 2011 5:32 pm
 

Gonzalez

By Evan Brunell

The Red Sox will finally sign first baseman Adrian Gonzalez to a contract extension Friday.

The deal will stretch seven years and a total value of $154 million, marking the richest contract Sox ownership has handed out since taking over the team in 2002. By waiting until now to consummate an extension, Boston will save millions in luxury tax payments as his contract will not apply to this season's payroll. That allows the three-time All-Star's current $6.5 million salary for the season to stand instead of having his average annual payment of $22 million impact 2011.

"Very grateful for this opportunity,'' Gonzalez said according to the Boston Globe. "Like I said back in December, I'm really excited about being able to play here for the next seven years, hopefully longer, and I just want to thank John Henry and the whole front office for this extension."

That annual value will become the eighth-highest value in the game and just $500,000 behind Mark Teixeira for the third-most expensive first baseman in the game. The overall $154 million value will land A-Gon's deal into the top 10 of most lucrative contracts ever paid, ranking ninth while barely edging Miguel Cabrera. Red Sox teammate Carl Crawford now falls to 11th in total value rankings. 

Gonzalez will receive a $6 million signing bonus, then average salaries of $21 million from 2012-16 and then an additional $500,000 a year in his final two years.

"This is the culmination of a process that started several months ago and we're pleased to get it done,'' said Sox GM Theo Epstein. "Hope this will go down, and I believe this will go down, as a great day for the organization. Adrian's going to make a major impact here for a long time."

The deal was one of the worst-kept secrets in the game even as Boston and Gonzo's agent, John Boggs, scrambled to come up with pithy excuses as to why the extension had yet to be signed when everyone knew exactly why. 

In any event, now that the contract is inked, the lefty will become the highest paid first-baseman Boston has ever had, and only Manny Ramirez's eight-year, $160 million deal dwarfs the Gonzalez contract for most expensive in Red Sox history. The deal also includes a no-trade clause, as Gonzalez can block deals to two clubs, but additionally, any trade cannot flip him to the Yankees.

The problem is, unfortunately, GM Theo Epstein hasn't had much luck in lucrative free-agent signings. Over the last several seasons, if you throw out players who signed extensions while arbitration eligible -- such as Clay Buchholz, Jon Lester, Dustin Pedroia and Kevin Youkilis -- his track record is spotty. Witness signings of Josh Beckett (OK, so maybe it's a tad early to pass judgment on this one -- and yes, Beckett technically signed an extension but he was in the final year of his guaranteed contract and was going to become a free agent, so he counts as someone who signed market value), Daisuke Matsuzaka, John Lackey, Mike Lowell (technically became a free agent before returning to Boston), Julio Lugo and Edgar Renteria. Even the lone signing of J.D. Drew that's worked out so far has plenty of detractors given the irrational desire of fans to see Drew be more like Paul O'Neill, and the mega-deal handed to Crawford has gotten off to a bad start although no one expects that to continue.

It's difficult to imagine the 28-year-old (29 in early May) not living up to his deal. While he only has one home run to his name so far in 2011, he's already shown enough that fans are excited about Gonzo's potential. And if you look at his numbers over the last several seasons , it's notable how much playing in Petco Park harmed him. Over his last two seasons in Petco, he hit .262/.398/.442 with 23 home runs in 670 plate appearances. His road numbers tell a completely different story, having bashed 48 home runs in 704 PA, hitting .310/.401/.609. Those are massive numbers, and ones certainly worth $22 million annually.

“We had a pretty good idea what we were getting," manager Terry Francona added. "But it’s nice to see it. ... It’s kind of reassuring. You go through a tough week, he’s been so positive. Like I said, he gets it. He understands why we’re here. He gets it, that’s the best way to see it. He understands what’s going on. I think he flat-out gets it."

Gonzalez is currently hitting .268/.362/.439 in 47 PA for the Red Sox. The extension is expected to be formally announced Friday afternoon prior to a game against the Blue Jays.

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Category: MLB
Comments

Since: Feb 11, 2008
Posted on: April 16, 2011 7:02 pm
 

Red Sox finally extend Adrian Gonzalez

Thank you for reading, buckdoc41. Try again footballguy44. We know it is a 7 year deal, the 500k is just a bonus. You don't really think Adrian Gonzalez would get paid 500k for the final 2 years of his contract, right? Stick with football, and just keep convincing yourself that you read and THOUGHT it through. Whatever. The bigger picture is that the Red Sox are (for lack of better word) sucking. Crawford seems like a bust, but A-Gon is still looking worthy of the money. Beckett doing great, but Lackey, Bucholz, and Dice-K subpar to say the least. Good win today, let's hope they pick it up! Go Boston!



Since: Jun 22, 2007
Posted on: April 16, 2011 12:59 pm
 

Red Sox finally extend Adrian Gonzalez

My team is the Cubs. nothing to do with this story. My issue was with the morons whose lives are so pathetic that they spend all day online trolling. 



Since: Feb 20, 2011
Posted on: April 16, 2011 9:42 am
 

Red Sox finally extend Adrian Gonzalez

Thanks for the update on Gonzalez.  This is a clear diversion from the real story:  2-10.  Wanna do some math:  how about 2-10 = -8.

Gonzalez was one of my favorite ballplayers until he went to Boston.   Not too much love lost, but I can't tell you how thrilled I am about all of the hypocrites who criticized the Yanks all these years for spending money and then got all excited when the Sox did it.  Still a lot of baseball left, but you thought that you were going to steamroll everyone out of the gate and that it was going to be one big party all year.  I'm just glad that the Sox are so much better than the Yankees, and that the Yankees were going to finish last in the division because the Sox and Tampa were so good and the O's improved so much.  SO LONG FOR THAT THEORY- at least in the short run.  Now, just one thing left to do...  PANIC, and SPEND MORE MONEY-  if they have it.  This may be the beginning of a new sequel:  "The Worst Team That Money Can Buy Part 2."  This Sox team may make some money for the original author.

Go Yanks, Go Knicks, Go Rangers and J-E-T-S, JETS JETS JETS!



Since: Apr 16, 2011
Posted on: April 16, 2011 9:26 am
 

Red Sox finally extend Adrian Gonzalez

article starts by saying its a 7 year deal, therefore we know its 2012-2018.

6 million signing    &nbs
p;     &nb
sp; =     6
21 million for 2012-2016=  105
21 plus 500k for LAST two years (2017/2018, not 2015/2016 (herein lies football guys misread)= 43million

total 154 million.  Seems pretty clear to me. 



Since: Nov 3, 2007
Posted on: April 16, 2011 7:53 am
 

Red Sox finally extend Adrian Gonzalez

Hey Footballguy44, if you knew how to read, you'd have the privilege of criticizing. The deal is for 7 years! Here's your math: 6 million + 7 yrs(21 million) + 1 million = 154 million. Please learn to read and think before posting. If you stopped and thought out the numbers, you wouldn't make yourself look bad.





ZAtma,

please dont mind me if I completely ridicule you but take a look at my math from what was reported. Then we'll see the who the guy that can't do simpe math is okay fella?

Gonzalez received 6 million signing bonus. ($6 million dollars)

Gonzalez will receive an average of 21million for the 2012-2016 seasons. For the mathematically challenged, that time frame equals 5 years, NOT 7 years as your math suggests. So SIMPLE MATH tells you 5yrs x 21million dollars = $105million ($105 million)

Are you still with me camera guy? Lets continue...

Then the report says Gonzalez will receive $500k the final 2 years of his contract. Ill give you a minute to multiply 2 x 500,000 and get your answer... ahh yes, as Austin Powers would say, "ONE MILLION DOLLARS"! ($1 MILLION)

Now add those numbers up AS THEY WERE REPORTED: 6mil + 105mil + 1mil = $112mil

So ZAtma, i offer you the same advice I offered the author of this article, just use a calculator it's easier than trying to use your brain. I will leave you with some of your very own wisdom...

Please learn to read and think before posting. If you stopped and thought out the numbers, you wouldn't make yourself look bad.
-ZAtma






™HAILTHECHIEFS™
Since: Oct 11, 2010
Posted on: April 16, 2011 6:09 am
This comment has been removed.

Post Deleted by Administrator




Since: Mar 20, 2007
Posted on: April 16, 2011 1:31 am
 

Red Sox finally extend Adrian Gonzalez

Does anyone else remember that pipsqueak GM in Ted Williams Hating Town calling a certain team an evil empire for spending so much money?  He just couldn't wait to become a hypocrite could he.  We spend the second most amount of money we are poor and need sympathy boo hoo.  Puh-lease.



Since: Aug 7, 2008
Posted on: April 16, 2011 1:08 am
 

Red Sox finally extend Adrian Gonzalez

To FootballGuy44 you are a idiot. Anyways this is another big mistake by the Red Sox to sign Adrian Gonzalez to all that money because there is no way in hell he deserves that much. Watch and see that this other signing mistake by the Red Sox will ruin there team for years too come.



Since: Mar 14, 2011
Posted on: April 15, 2011 11:22 pm
 

Red Sox finally extend Adrian Gonzalez




Since: Feb 11, 2008
Posted on: April 15, 2011 10:02 pm
 

Red Sox finally extend Adrian Gonzalez

Okay Evan Brunell, great job reporting this 7 yr $154k signing. Please go into your computers accessories and open the calculator app. Here's your math:
6million + 105million + 1million = 112million 
Please report the news correctly. Thanks

Hey Footballguy44, if you knew how to read, you'd have the privilege of criticizing. The deal is for 7 years! Here's your math: 6 million + 7 yrs(21 million) + 1 million = 154 million. Please learn to read and think before posting. If you stopped and thought out the numbers, you wouldn't make yourself look bad.



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