NEW YORK (AP) – Dustin Pedroia must wait until July 2028 to receive all the money from his $110 million, eight-year contract with the Boston Red Sox, which includes $18 million salary that is deferred without interest for seven years and a full no-trade provision that starts this Aug. 7.
The All-Star second baseman is making $10 million this year and had been due to earn the same amount next season under a $40.5 million, six-year contract that included an $11 million club option for 2015 with a $500,000 buyout.
Under the new deal finalized Wednesday, he receives a $1 million signing bonus payable within 30 days of approval by the commissioner’s office. He gets a raise to $12.5 million next year and receives the same salary in 2015.
His salary rises to $13 million in 2016, $15 million in 2017 and $16 million in 2018. It then decreases to $15 million in 2019, $13 million in 2020 and $12 million in 2021.
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