Cubs Sign Ramirez to 4-Year, $42M Contract
Submitted by cubsnet on Mon, 2005-04-04 17:00.
"Third baseman Aramis Ramirez and the Chicago Cubs agreed Monday to a $42 million, four-year contract that includes a mutual option for 2009," reports the AP. Ramirez can opt out of the deal after 2006. The 5th year option automatically vests at $11M if Ramirez plays in 270 games in 2007 and 2008.
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Derek Smart and Alex Ciepley
Derek Smart and Alex Ciepley note that the termination clause in Ramirez's contract only benefits him, and not the Cubs.