Quote:
Originally Posted by CaramonLS
I bet they are dancing in the streets, are you freaking kidding me? This is one of the richest contracts doled out in baseball history.
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LOL, the point is lots of media have said they believe Wells would of received more if he went to free agency.'
Edit, I have added the link.
http://tsn.ca/mlb/news_story/?ID=188513&hubname=
few interesting points:
"The Associated press reported that the extension calls for a $25.5-million signing bonus, payable in three $8.5-million instalments each March 1 in 2008, 2009 and 2010. He will receive a salary of just $500,000 in 2008 and $1.5 million in 2009, but his salary jumps to $12.5 million in 2010 and $23 million in 2011. Wells receives $21 million in each of the final three seasons. "
"Some speculated that as a free agent the bidding for him could reach up to $200 million over 10 years. But with a market-value offer in hand Wells opted to remain in a situation where he was happy rather than try to break the bank. "