3/6/09

Manny's Contract

Manny Ramirez of
2 years/$45M (2009-10)

2 years/$45M (2009-10)

re-signed by LA Dodgers as free agent 3/4/09
09:$25M, 10:$20M
Ramirez may opt out of deal 11/2009

up to $25M deferred without interest:

if Ramirez opts out after 2009, he receives $10M in 2009 and $15M in 3 installments of $5M from 2010 to 2012
if Ramirez does not opt out, he receives $10M each in 2009 and 2010 and $25M in 3 installments of $8,333,333 from 2011 to 2013

full no-trade clause
Ramirez to donate $1M to club charity

8 years/$160M (2001-08), plus 2009-10 club options

signed by Boston as free agent 12/00
$16M signing bonus paid over 5 years
01:$13M, 02:$15.5M, 03:$18M, 04:$20.5M, 05:$20M, 06:$19M, 07:$18M, 08:$20M, 09:$20M club option, 10:$20M club option
$1M bonus if traded
$31M deferred ($3M in 2001, $4M each 2002-08) (paid out in 16 annual installments of $1.94M, 2011-2026)
receives a no-trade clause if another Boston player receives one

award bonuses: $75,000 for All Star selection; $0.1M for Silver Slugger; $0.15M for ALCS or WS MVP; $0.2M for 1st place in MVP voting,$0.125M for 2nd, $0.1M for 3rd, $75,000 for 4th (2005), $50,000 for 5th
acquired by LA Dodgers in trade from Boston 7/31/08, with Red Sox paying remainder of Ramirez' 2008 salary (about $7M) and agreeing to eliminate 2009-10 club options in exchange for Ramirez not exercising right to block trade as 10-and-5 player
4 years/$10.1M (1996-99), plus 2000 club option
96:$1.1M, 97:$2M, 98:$2.85M, 99:$4.1M, 00:$4.25M club option
Cleveland exercised 2000 option 11/99

drafted 1991 (1-13)
agent: Scott Boras (formerly Greg Genske)
ML service: 14.033

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