Pedroia and Red Sox have agreed in principle on extension. Starts in 2015 goes to '21. Comes down to approximatey 7 years for $100 million— Rob Bradford (@bradfo) July 23, 2013
Discussion of a contract extension was first reported on Friday by Jeff Passan of Yahoo! Sports, who reported that the contract talks were in the range $100M for five to six years. According to the terms from Bradford, the average annual value of the contract will be around $14M. Pedroia has full no-trade protection.
Pedroia's current contract expires at the end of the 2014 season with a team option for 2015. The extension will kick in for the 2015 season and will, in essence, buy out his option. There is also full no-trade protection for Pedroia in the deal and will take the All-Star second baseman through his age-37 season.
Since making his debut in 2007, Pedroia has been one of the faces of the Red Sox' franchise, winning the Rookie of the Year award in '07 and the MVP Award in '08. He is a four time All-Star, two time Gold-Glove winner at second base and one-time Silver Slugger winner.
Pedroia is having one his best seasons in 2013, hitting .308 with six home runs, 57 RBI and a .385 OBP.
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