Floyd, White Sox agree to $15.5M, 4-year deal

[March 23, 2009]  PHOENIX (AP) -- Right-hander Gavin Floyd and the Chicago White Sox have agreed to a $15.5 million, four-year contract, a deal that includes a club option for 2013.

The 26-year-old was 17-8 with a 3.84 ERA for the White Sox last year and is 25-18 in 73 games over parts of five big league seasons with the Philadelphia Phillies and White Sox.

Floyd will make $750,000 this year, $2.75 million in 2010, $5 million in 2011 and $7 million in 2012, and the White Sox hold a $9.5 million option for 2013.

Floyd had been set to make $520,000 this year under a one-year deal agreed to Feb. 25. He would have been eligible for arbitration after this season and for free agency following the 2012 season.

[Associated Press]

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