Pitcher Yovani Gallardo and the Milwaukee Brewers have agreed to a $30.1 million, five-year contract, a deal that could be worth $42.5 million over six seasons.

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The agreement covers the right-handers arbitration-eligible years and the first season after he would have become eligible for free agency.
Gallardo receives a $1.25 million signing bonus: $500,000 payable when the contract is approved by Major League Baseball, $500,000 on July 15 and $500,000 on Nov. 15. He gets salaries of $500,000 this year, $3.25 million next season, $5.5 million in 2012, $7.75 million in 2013 and $11.25 million in 2014. Milwaukee holds a $13 million option for 2015 with a $600,000 buyout.

That said, if Wolf and Davis can compliment Gallardo, then the Brewers could surprise this season. Oddsmakers from online sports book SBGGLOBAL.com have made the Brew Crew a 50/1 long shot to win the 2010 World Series and a 14/1 long shot to win the NL Pennant. They’re also 7/1 to win the NL Central and have an over/under of 81 games for total number of wins in 2010.

Bet 2010 World Series Odds

Posted: 4/8/10 3:23PM ET