October 30, 2006
One Year at a Time
The Red Sox exercised the option on Tim Wakefield's contract:
Early in the 2005 season, Wakefield agreed to a $4 million, one-year contract extension through 2006 that gave the Red Sox the ability to keep their longest-tenured player for the rest of his career. The team can keep renewing his contract annually at the same salary.
"I want to pitch as long as my body will let me," he said.
If he's anything like Phil Neikro, Wakefield has a lot of renewals in front of him.
One of the best contracts in baseball... league-average pitching for $4 million a year. Only down side is you don't have flexibility in your backup catcher, so maybe Mirabelli can negotiate a slightly better pay.