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"Dustin's style of play and tremendous work ethic have quickly made him a fan favorite," Red Sox president Larry Lucchino said. "He plays with a kind of gritty determination that serves as an inspiration not only to his teammates but to Red Sox fans of all ages, and we believe Dustin will play a key role in bringing more championships to Fenway Park."
The second baseman earns a signing bonus of $1.5 million and a salary of $1.5 million in 2009, followed by salaries of $3.5 million, $5.5 million and $8 million in what would have been his three years of arbitration eligibility. He would earn $10 million each in 2013 and 2014.
The deal negotiated by agents Sam and Seth Levinson also includes a team option to pay him $11 million in 2015 or buy him out for $500,000. And it has a $100,000 bonus if he wins another MVP, something he didn't have in his previous contract.
If he wins another MVP, his 2014 salary and 2015 option would increase by $2 million each. If he finishes second or third, they would go up by $1 million each, and he can accomplish that escalator twice.
Red Sox manager Terry Francona, whose pregame card games with Pedroia have become a bit of a tradition, is already counting his winnings.
"With the six-year contract, I feel like I got a bump in salary because of his cribbage skills," the manager said.
Copyright 2008 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
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