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
- Unexpected Trades Red Sox Could Pull Off This Offseason
- Dream Free-Agent Pickups for Red Sox
- Red Sox Free Agency News and Trade Rumors
- Should Red Sox Trade Cespedes This Offseason?
- Red Sox's Most Tradeable Assets for Offseason
- Uehara Inks 2-Year Extension with Sox
- Possible Trade Partners, Packages for Cespedes
- Scouting Scratch: High minors bullpen arms
- Cup of Coffee: Moncada returns, Bradley Jr. goes off
- Eduardo Rodriguez to be recalled for Thursday start
- Cup of Coffee: Roof and Tekotte go back-to-back in Portland win
- The Write-Up: Henry Owens
- Cup of Coffee: Stankiewicz fires eight-inning gem to lead Salem
- Weekly Notes: The Yoan Moncada era begins
- Cup of Coffee: Ball shuts down Dash offense, Callahan has wild outing
- Cup of Coffee: Witte walks off for Portland, Buttrey goes seven strong for Salem
- Cup of Coffee: Kopech drives Greenville past Charleston