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Old 04-21-2011, 02:02 PM   #1 (permalink)
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Brewers, Braun agree to 5-yr/$105M extension

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MILWAUKEE -- Left fielder Ryan Braun signed a $105 million, five-year contract extension with the Milwaukee Brewers on Thursday.



The deal is the longest commitment to a player in Brewers franchise history and is in addition to the $45 million, eight-year deal Braun signed in May 2008 -- still the largest deal ever (total and average annual value) signed by a player with less than one year of service time.


Braun has been elected to start in each of the past three All-Star Games and is one of just five players in history to hit 125 homers and post a .300 batting average in the first four seasons of his career.

"I want to thank the entire Milwaukee Brewers organization, specifically [owner] Mark Attanasio and his entire ownership group, Doug Melvin and Gord Ash for making this possible," Braun said. "I have truly enjoyed the time I have spent in Milwaukee and look forward to spending the next 10 years here. I believe in the direction of this organization and its commitment to winning moving forward."

Braun gets a $10 million signing bonus and will make salaries of $19 million in each of 2016, 2017 and 2018; $18 million in 2019; and $16 million in 2020. The mutual option for 2021 is worth up to $20 million, with a $4 million buyout.


The contract's average annual value of $21 million is the second-highest ever for an outfielder after Manny Ramirez's two-year deal with the Los Angeles Dodgers.



Braun is the third player in history to sign a deal worth an average of at least $20 million a year at age 27 or younger. The others were Joe Mauer last year and Alex Rodriguez in 2001.


Braun's newest deal includes a no-trade provision, and he will defer some of his salary.

Braun signed a $45 million, seven-year extension in 2008 after winning the NL Rookie of the Year in 2007, which was the largest contract ever by a player with less than one year of service time.

"One of the cornerstone pledges we made when purchasing the Brewers was to build a perennially competitive team, and Ryan Braun has already shown that he is a very rare and special talent," Attanasio said. "This is an historic occasion for our franchise and for our fans, knowing that we were able to make Ryan's desire to wear a Brewers uniform for the long term a reality."


Braun is now guaranteed $145.5 million from this season through the end of the extension.
http://sports.espn.go.com/mlb/news/story?id=6403833
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Old 04-21-2011, 05:55 PM   #2 (permalink)
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Re: Brewers, Braun agree to 5-yr/$105M extension

why is everyone blogging that this is a horrible deal?
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Old 04-21-2011, 05:57 PM   #3 (permalink)
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Re: Brewers, Braun agree to 5-yr/$105M extension

I think it is a great deal for Milwaukee
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Old 04-21-2011, 05:58 PM   #4 (permalink)
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Re: Brewers, Braun agree to 5-yr/$105M extension

They are? I thought this was good for them.
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Old 04-21-2011, 06:15 PM   #5 (permalink)
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Re: Brewers, Braun agree to 5-yr/$105M extension

Honestly, Braun is as good as they come... and if you're a team in a market like Milwaukee you have to lock him up long term. He gave them the hometown discount on the last contract, now he'll get what he deserves down the road. Pujols is going to set the market anyway, so when the larger part of this deal kicks in (2015 I think) it won't seem like that much money.
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