| Report: Terms of Scutaro Agreement | 12.04.09 at 10:52 am ET |
ESPN.com’s Buster Olney is reporting that Marco Scutaro will receive a guaranteed $12.5 million for two years, with the chance to push the deal to $17 million. According to Olney, Scutaro will receive a $1 million signing bonus and salaries of $5 million each in the next two seasons. There is then a mutual option that would allow the Sox to pick up Scutaro for a third year at $6 million. If the Sox decline their option,then Scutaro could either exercise a $3 million player option, or he could take a $1.5 million buyout.
So, based on Olney’s report:
- If the Sox exercise Scutaro’s third-year team option, he would receive $17 million over three years.
- If the Sox decline their team option, and Scutaro exercises his third-year player option, he would receive $14 million over three years.
- If both Scutaro and the Sox decline their options for the third year, Scutaro would receive $12.5 million for two years.
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