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"We agreed to the deal because we believe in Nate and believe we're going to feel as strongly four years from now as we do today," general manager Neal Huntington said. "We get cost certainty as we move forward. The player certainly gets the security of the money that's coming his way. He can go out and relax and play and we can build around him."
Encarnacion receives an $850,000 signing bonus and salaries of $2 million this year and $4.75 million in 2010.
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