Red Sox Sign Rocco Baldelli & John Smoltz

The newest member of the Red Sox, Rocco Baldelli

The newest member of the Red Sox, Rocco Baldelli

Good news for the nation today as the Sox announced they have agreed to terms with free agents Rocco Baldelli and John Smoltz.  Both deals are very low-risk/high-reward.

Baldelli will be the 4th outfielder, after spending his entire career with Tampa.  He’s in Boston recieving the Tony Conigliaro Award today and the deal was announced then.

The Herald reported the details of Rocco’s contract:

It’s a one-year deal, with a $500,000 base salary, which is just $100,000 over the 2009 major league minimum. Baldelli can earn as much as $1.75 million in roster bonuses if he stays healthy and off the disabled list for the season.

Also, Baldelli’s deal includes plenty of performance bonuses, which start to kick in at 325 plate appearances, all the way up to 600 plate appearances.  If Baldelli were to make 600 plate appearances — a highly unlikely figure, to be sure — he could earn as much as $5.25 million in performance bonuses in addition to the roster bonus.

Smoltz’s role is still unkown, as he has started and closed in the past.  He isn’t expected to pitch until June because of recent shoulder surgery.  His deal is expected to 1 year, 5 million and will be announced soon.

Currently listening to:  Modest Mouse – The View

more to come…

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