Monday, April 6, 2015

Red Sox sign Porcello to four-year, $82.5 million extension

 After a perfect Opening Day on the field, the Red Sox had a strong one off of it as well, announcing the signing of right-hander Rick Porcello to a four-year contract extension.
The deal is worth $82.5 million and included a $500,000 signing bonus. Porcello's current contract will pay him $12.5 million this season.
With the extension, his salary will be $20 million in 2016-17, and $21 million in '17-18.
Porcello, who was acquired during the offseason in a trade with the Tigers forYoenis Cespedes, would have been eligible for free agency after the season.
Now, the Red Sox have locked up an emerging starting pitcher through the 2019 season.
Porcello will make his debut for his new team on Wednesday night against the Phillies.

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