Freddy Sanchez, Pirates agree to two-year deal
UPDATE (2-5-08; 9:57 AM): Freddy Sanchez and the Pirates agreed to a two year deal with an option for a third year. The total package on the deal will be worth $19 million if the 2010 option is picked up or vests upon Sanchez reaching a certain number of plate appearances. Sanchez will remain under the Pirates’ control through 2009, so a three-year deal would buy out his first season of free agency.
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The Pittsburgh Post-Gazette is reporting that the Pirates and Freddy Sanchez are closing in on a three-year deal. The agreement would keep the two parties from going to arbitration and would buy out one year of Sanchez’s free agent years. He’s currently slated to become a free agent after the 2009 season but this deal would lock him up through 2010.
If they meet in the middle of the arbitration figures for year one, he would be looking at $4.5 million for 2008. With two years on the end of that, Sanchez is probably looking at a deal in the $17 million range.
Filed under: Freddy Sanchez, Pittsburgh Pirates