Beckett's extension

From SoSH

Josh Beckett signed a contract extension on July 19, 2006. He then proceeded to pitch eight innings of 4-hit shutout ball with seven strikeouts in a 1-0 victory over the Kansas City Royals. Jonathan Papelbon got save after a walk and a strikeout in the ninth. The contract extension was not made public until after the game. It proved to be his best performance of the year.

Story:

• "Way to make us look good," Red Sox general manager Theo Epstein said Wednesday, grabbing a seat next to the team's next ace after the pitcher celebrated his three-year, $30 million deal by leading Boston to its second consecutive 1-0 victory over the Kansas City Royals.

• "He threw the ball so well, I think Theo just gave him a three-year deal," Red Sox manager Terry Francona said in his postgame meeting with the media. After reporters chuckled, he added: "No, I'm serious."

The total guaranteed value of Beckett's contract is $30 million. Here's how it breaks down:

$2 million signing bonus $6 million salary for 2007 $9.5 million salary for 2008 $10.5 million salary for 2009

$12 million at club option for 2010. The option becomes automatic if Beckett makes 28 starts in 2009 or he has a total of 56 starts in 2008 and 2009.