Rays Reach Contract Extension With Yunel Escobar

Yunel Escobar Signs Contract Extension With Rays

Less than a week after signing right handed pitcher Chris Archer to a six-year contract with two club options the  Tampa Bay Rays have reached an extension with shortstop Yunel Escobar.

The deal is a two-year deal worth $13M and includes a club option. The first year of the deal eliminates the club option for 2015 at the same $5M dollar value as his old deal, adds a $7M for 2016, and the 2017 club option is worth $7M and includes a $1M buyout.

Prior to this afternoon’s game he spoke to the media:

 

Robbie Knopf at Rays Colored Glasses was the first to report that the two sides were discussing a contract extension (LINK).

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