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[h1]Florida Marlins working on $70 million deal with Hanley Ramirez[/h1] By Juan C. Rodriguez | Sun-Sentinel.com 11:10 PM EDT, May 9, 2008
Lambasted for their major league-low $21 million payroll and perpetual trading of star players, the Marlins are finally keeping one in the fold.
According to a Ramirez acquaintance, shortstop Hanley Ramirez and the Marlins are on the verge of finalizing a six-year, $70 million contract extension, the largest commitment in franchise history. The deal is pending a physical and an official announcement might not come until early next week.
The Marlins are believed to have initiated talks during spring training. Ramirez, who is making $439,000 this season, would have been eligible for arbitration after this season. Ramirez is taking a huge home discount as this deal buys out his first three years of free agent eligibility.
Marlins President David Samson would not comment. Andy Mota, Ramirez's agent, could not be reached.
http://www.sun-sentinel.com/sports/baseball/marlins/sfl-0509ramirez,0,3463470.story
Good stuff and a great move. Post arbitration he was going to see atleast 100 million.