Wakefield, Sox Agree on New Two-Year Deal
|11.09.09 at 2:23 pm ET|
The Red Sox have chosen not to pick up Tim Wakefield’s $4 million option for the 2010 season; instead, the team and the pitcher have come to terms on a two-year deal. The new contract will pay the 43-year-old a guaranteed $5 million — $3.5 million in ’10 and $1.5 million in ’11 — with the opportunity to earn various incentives that could bring the package’s total worth to approximately $10 million over the two years.
It is believed that if Wakefield meets all of his incentives, he would fall approximately $1 million short of matching what he would have made if the options were picked up in each of the next two seasons. Wakefield originally signed a one-year deal with recurring team options of $4 million every season — a one-of-its-kind contract — during the 2005 season, with the deal becoming effective starting for the 2006 season.
Wakefield underwent surgery on a herniated disc in his back last month, but is expected to be ready to be fully ready for spring training.
The new deal could allow Wakefield to accomplish his goal of breaking the record for most wins in a Red Sox uniform by a pitcher (192), which is currently shared by Cy Young and Roger Clemens. The knuckleballer will enter ’10 with 175 wins as a member of the Sox. He has also stated a goal of reaching 200 wins, which could be accomplished in the coming season. His current career win total stands at 189.
Latest from Bleacher Report
- Shaw Becoming Star After Being Thrown in Spotlight by Sandoval Benching
- Ortiz, Red Sox Look Headed for 1 More Exciting Run
- Updates on Xander Bogaerts' Wrist and Return
- Latest Updates on Joe Kelly's Injury
- Even Price Can't Stop Red Sox Rotation Giving Bad Feeling of Deja Vu
- Sandoval's Ex-Trainer Says He Has Eating Problem
- Ortiz Closing in on Top 25 in Career Home Runs
- Cup of Coffee: Espinoza ties Drive K record in dominant outing
- Cup of Coffee: Chris Marrero powers PawSox past IronPigs
- April Players of the Month: Andrew Benintendi and Teddy Stankiewicz
- Cup of Coffee: Moncada hits grand slam to lead Salem sweep
- SoxProspects Featured Video: Nick Longhi
- Cup of Coffee: Cuevas and Maxwell lead the PawSox
- Podcast Ep. 95: One month in, start it up again
- Weekly Notes: Rodriguez, Smith begin rehab assignments
- Cup of Coffee: Rijo breaks out, rain washes Salem and Greenville
- Cup of Coffee: Haley, Lakins continue strong starts