01/29: Cano Contract Details
Posted by: Patrick
Peter Abraham has the details on Cano's new contract.
He'll earn $3 million in 2008, $6 million in 2009, $9 million in 2010, $10 million in 2011, $14 million in 2012 and $15 million in 2013. Either of those last two years can be bought out for $2 million. So, the deal can be as short as $30 million for four years ($7.5 per) or $57 million for six years ($9.5 per). Works for me.
He'll earn $3 million in 2008, $6 million in 2009, $9 million in 2010, $10 million in 2011, $14 million in 2012 and $15 million in 2013. Either of those last two years can be bought out for $2 million. So, the deal can be as short as $30 million for four years ($7.5 per) or $57 million for six years ($9.5 per). Works for me.
