Tuesday, November 06, 2007

Schilling Re-signs With the Red Sox

Curt Schilling and the Red Sox agreed to a one-year contract today that will keep Schilling with the Red Sox for what he says will be his final year of his career. It is an $8 million deal, with $2 million in incentives.

This appears to be a mutually beneficial deal for both sides. Schilling backed away from that $13 million he wanted, and the Red Sox signed him quickly, before the 15-day window that they had exclusive rights on him expired.

No word on Mike Lowell. He has not yet filed for free agency, and still has one week to do so. The fact that he hasn't filed yet maybe a good sign, that he will agree on a new deal before the Sox' rights on him passes. Time will tell.

5 comments:

Suldog said...

One down, two (signing Lowell, NOT signing A-Rod) to go.

Dan Sullivan said...

it is actually 5 mil in incentives, 2 mil are strictly weight related. 3 mil are preformance related.

BklynSoxFan said...

Thanks for the update, Dan. What I wrote were the first numbers reported, by ESPN...

Peter N said...

Mikey and Timlin filed yesterday (Tuesday), but the Sox and Mikey's people (sounds like Goodfellas) are meeting....they will sign him! I just KNOW!

BklynSoxFan said...

I have the same feeling, Peter. I'm sure both sides will meet in the middle somewhere. It benefits EVERYONE for Mike Lowell to return.