Rays, Longoria agree to extension through 2022

[doublem23]

$100 million

http://sports.yahoo.com/blogs/mlb-bi...9962--mlb.html

[TheOldRoman]

It should be noted that the $100 million is just for the final six years, as he was already under contract through 2016. Still, he will make $16.7 mil a year during that contract, which is a less than market value for him in today's baseball market, and will be a complete steal by then if he is still producing. Overall, the Rays will pay him $136 mil over the next ten years. That's an incredible bargain.

[soxfanatlanta]

Originally Posted by TheOldRoman

It should be noted that the $100 million is just for the final six years, as he was already under contract through 2016. Still, he will make $16.7 mil a year during that contract, which is a less than market value for him in today's baseball market, and will be a complete steal by then if he is still producing. Overall, the Rays will pay him $136 mil over the next ten years. That's an incredible bargain.

If he stays healthy, then it is a very good bargain.

I hope the Rays took out an insurance policy on this contract, though; they cannot afford a Mike Hampton deal (not that Longoria will get hurt during batting practice)

[DSpivack]

Originally Posted by soxfanatlanta

If he stays healthy, then it is a very good bargain.

I hope the Rays took out an insurance policy on this contract, though; they cannot afford a Mike Hampton deal (not that Longoria will get hurt during batting practice)

Aren't most, if not nearly all, sports contracts insured?

[tstrike2000]

Nice to see him sign long term with TB. He's a great player.

[#1swisher]

Evan Longoria underwent a surgical procedure Nov. 20th to "clean up" the injured left hamstring that caused him to miss more than half of last season.
http://www.tampabay.com/sports/baseb...urgery/1263389

[Red Barchetta]

Originally Posted by tstrike2000

Nice to see him sign long term with TB. He's a great player.

He is clearly the face of the organization. They are a different team with him in the lineup and he is consistently good in clutch situations.

Hopefully he will be there when they open a new (real) ballpark...

[Steelrod]

Originally Posted by DSpivack

Aren't most, if not nearly all, sports contracts insured?

Almost none, I believe. Due to the high premium cost and difficult rules to qualify.