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March 6, 2008

Papelbon agrees to $775,000 contract

BY SEAN McADAM
Journal Sports Writer

FORT MYERS, Fla. -- Jonathan Papelbon today reached agreement on a $775,000 contract with the Red Sox, making him the highest-paid, non-arbitration-eligible closer in baseball history.

Seventy minutes before their self-imposed deadline for signing players with 0-3 years of service time, the Sox announced they had reached agreement with Papelbon, their lone unsigned player.

Papelbon had been asking for the same $900,000 that Philadelphia Phillies first baseman Ryan Howard made in 2007 when he was at a similar experience level.

More details soon . . .

Posted by Art Martone  at 3:59 PM | Permalink

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