[NDBoston]

http://espndeportes....story?id=424165

Here's the translation via babelfish

David Ortiz could sign with the Red Averages a contract extension by a total of $50 million

By Red Enrique
ESPNdeportes.com

MIAMI, Florida -- the Dominican toletero David Ortiz is near signing an extension of 50 million dollars with the Red Averages of Boston, said to ESPNdeportes.com a familiar source related to the pelotero.

"Big Papi" would gain an average of 12,5 annual million in the seasons from the 2007 to the 2010.

"David is going to receive more than 50 million dollars by the company/signature of that contract extension, that runs until the 2010", it said the source.

"David is very contented, although they even lack some details to define", added.

Nevertheless, a representative of the agency SFX, that handles the race of Ortiz, abstained to give details of the negotiations with the Red Averages.

"we are negotiating, that is of public knowledge, but we are not prepared to announce nothing. Not yet there is agreement ", said Fizgerald Astacio.

Ortiz, of 30 years, has become one of the most productive players of the Great Leagues since it was united to the Red Averages before the season of the 2003, coming from Minnesota.

The inicialista and designated batter have stuck 119 quadrangular ones and have pushed 388 races in three seasons with the Red Averages.

The quisqueyano was left secondly in the votings for the prize of More valuable Player of American Liga the last year, when it batted 300 with 47 home runs and 148 towed races.

The antesalista Alex Rodriguez, of the Yankees of New York, was the winner of the distinction.

Ortiz was the Most valuable Player of the Series of Championship of the 2004, when Boston returned of a disadvantage 0-3 to eliminate the Yankees and to advance to the World-wide Series.


(admin note: edited title)

This post has been edited by AlNipper49: 10 April 2006 - 02:13 PM

[Rudy Pemberton]

Sweet...my head tells me it might be a questionable move but my heart loves it. He's a Boston legend and he should never ever leave the Sox. It can't always be about dollars and cents. Hope it's true.

[SawxSince67]

NDBoston, on Mar 31 2006, 10:10 AM, said:

"Big Papi" would gain an average of 12,5 annual million in the seasons from the 2007 to the 2010.

That's Vlad money. but, not quite Chan Ho Park money...is there a precedent for a DH of Papi's magnitude?

[Daily Conundrum]

Wow. Though I think this is too much money for a DH, if that's what it takes to keep him, then so be it.

[epraz]

Too much money for one of the top 5 hitters in baseball? Nope.

[Bowlerman9]

If you take into account he has an option for like 8.5M next year, thats a lot of money. Thats the equivalent of a 3/41.5 after next year. I think its great we're gonna keep him, but this seems like a serious overpayment from the Sox. 13M for a 34 year old Ortiz who cant play the field ... I'm not sure I like the thought of that.

[JokersWildJIMED]

Bowlerman9, on Mar 31 2006, 09:18 AM, said:

13M for a 34 year old Ortiz who cant play the field ... I'm not sure I like the thought of that.
<{POST_SNAPBACK}>

Please. Ortiz is one of the great hitters in the league and has been one of the best relative bargains in major league history. A little "overpayment" is highly worth it.

I don't keep track of such things, but how much did Konerko get to resign with the WS? He does not approach Ortiz.

[Madison33]

This does seem like a pretty hefty chunk of change, however; Ortiz has proven himself time and again to be "The Guy" that this team can count on. I can completely understand the desire to keep that guy around...he hits in "clutch" situations, he has saved/won many games for the team and even steals a base once every blue moon. Color me happy with the prospect of keeping him around a while longer...

[Rasputin]

Seems like a decent enough gamble to me. It's sizeable money but we're talking about the first half of his thirties. He should still be a force for most if not all of the contract.

[sfip]

Bowlerman9, on Mar 31 2006, 10:18 AM, said:

If you take into account he has an option for like 8.5M next year, thats a lot of money. Thats the equivalent of a 3/41.5 after next year. I think its great we're gonna keep him, but this seems like a serious overpayment from the Sox. 13M for a 34 year old Ortiz who cant play the field ... I'm not sure I like the thought of that.
<{POST_SNAPBACK}>

It would mean an equivalent of a decreased value of a 4-year/$50M contract with $4M of the 1st year backloaded to the last 3 years. The only downfall of it that I can think of would be how it would count toward the luxury tax of the last 3 years because it's an extension. If this is what Ortiz would agree to, I'd sign it in a heartbeat if I'm the Red Sox.

[Who The Hell is Stan Papi]

PECOTA VORP

2006 60.9
2007 62.2
2008 50.1
2009 38.9
2010 34.3

In the end, we may just be paying to keep a Boston institution out of the Hartford Whalers jersey at the end of his career.

[JohntheBaptist]

With the frugality the team has practiced and the free dollars they've accumulated here and there through their youth movement and letting Damon go, etc- they're going to be able to overpay in spots where they deem it necessary. In a vacuum, this is certainly a lot of money, but where it fits into our payroll in the next few years, I don't think it's "too much," especially considering the person.

It also seems like they're assigning an on field AND off-the-field value to Ortiz as part of the organization, much like they did with Varitek. There are downsides to this- age, etc- but I think it's a good practice. Overpaying for elite talent like this is OK to me with their stream of income.

This post has been edited by JohntheBaptist: 31 March 2006 - 10:32 AM

[Bowlerman9]

JokersWildJIMED, on Mar 31 2006, 10:23 AM, said:

Please.  Ortiz is one of the great hitters in the league and has been one of the best relative bargains in major league history.  A little "overpayment" is highly worth it. 

I don't keep track of such things, but how much did Konerko get to resign with the WS?  He does not approach Ortiz.
<{POST_SNAPBACK}>

Konerko can play 1B. Konerko wasnt 2 years away from free agency.

If the Sox are willing to rip up the option and give Ortiz MORE money thats GUARANTEED, I would think they would get a little deal on the back end of the contract.

3 years at 41.5M is almost 14M a year. Is Ortiz worth that at the ages of 32-34? Quite possibly. But thats a huge risk. If he gets hurt and becomes a 20 HR guy, we're in trouble.

[SaveBooFerriss]

I would wait to see the actual numbers before making any judgment on the extension. We have no idea how accurate this report is.

[Rudy Pemberton]

Quote

Konerko can play 1B. Konerko wasnt 2 years away from free agency.

But Konerko isn't close to the offensive player Papi is, and I don't think he has nearly as much value in a marketing sense. And potentially losing him could be crippling.

[gcapalbo]

Perhaps you can read into this that we're prepared to take a longer term risk on a younger player, i.e. the risks beyond the 3rd year are outweighed by the benefit of getting those first years of production-- and a happy, contented player.

As we are perhaps seeing already, there is great risk going forward with Damon's deal in NY. He is much more likely to break down in the shorter term than Papi is.

This might also say that Papi is now going to be viewed as the 'face of the franchise', which has benefits to the organization beyond just what he does on the field, and makes him worth locking in for some duration.

If David does nothing else beyond what he already has in his career in Boston, his legend is cemented in Boston sports lore.

My guess is he is not done by a long shot...

If true, this is a great move.

[SoxScout]

I wonder what Bill Belichick would do.

[Philip Jeff Frye]

Who The Hell is Stan Papi, on Mar 31 2006, 11:30 AM, said:

PECOTA VORP

2006 60.9
2007 62.2
2008 50.1
2009 38.9
2010 34.3

In the end, we may just be paying to keep a Boston institution out of the Hartford Whalers jersey at the end of his career.
<{POST_SNAPBACK}>

And PECOTA has been predicting Manny's imminent demise for how many years now?

[PedroKsBambino]

Quote

Wow. Though I think this is too much money for a DH, if that's what it takes to keep him, then so be it.

That's about my take...probably not perfectly efficient given position/age expectation.

But bottom line, he's the guy you have to sign and thus, I think it's great to get an extension done at not-ridiculous money.

[Bowlerman9]

Quote

Perhaps you can read into this that we're prepared to take a longer term risk on a younger player, i.e. the risks beyond the 3rd year are outweighed by the benefit of getting those first years of production-- and a happy, contented player.

I dont want to come off as being opposed to this rumored deal, because I'm not. I'm just slightly skeptical about it. If I were Theo, I would probably offer this deal to ortiz too.

But on the flip side, he IS signed for the next 2 years. At cheap money. The benefits of the first years of the deal will be reaped by the Sox no matter what.

Maybe this is splitting hairs, but since he is 2 years away from FA, I would try to sign him to a deal worth 3/34:

Rip up the option, give him 10M guaranteed
2008: 12M
2009: 12M

And I wouldnt be surprised if that gets him signed too.