Monday, February 25, 2008

More details on Francona’s extension

Just a few details to add that I didn’t get to yesterday.

Francona’s extension will earn him $12 million over the next three seasons, and he’ll make $250,000 for each/any World Series appearance (I’m trying really hard not to jinx us here, but the wording is tricky).

The contract also includes a two year club option that would raise the total value of the contract to $20 million and keep Francona with the Red Sox through 2013.

If the Red Sox decide not to pick up his option, they can buy out his contract for $750,000.

It’s a well-deserved raise for Francona—his 2008 salary shot up from $1.75 million to $3.5 million. 

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