Dustin Pedroia, Boston Red Sox Agree to $100M Extension

Jul 23, 2013; Boston, MA, USA; Boston Red Sox second baseman Dustin Pedroia (15) waits his turn at bat during the first inning against the Tampa Bay Rays at Fenway Park Mandatory Credit: Bob DeChiara-USA TODAY Sports

According to Rob Bradford of WEEI, the Boston Red Sox and Dustin Pedroia have agreed to a seven-year contract extension worth $100 million. Despite being signed through the 2014 season with a club option for 2015, the Red Sox thought it was in their best interest to lock up the face of their franchise through 2021.

The average annual salary of the extension is approximately $14.3 million. Pedroia’s deal also includes a full no-trade clause, so it remains likely that the second basemen will finish his career in Boston.

Pedroia is currently hitting .308 with six home runs and 57 RBI. He made his debut in 2007 and took the Red Sox organization by storm ever since. After winning rookie of the year, he has made four All-Star Game appearances, won the AL MVP, a Gold Glove, and the Silver Slugger.

His previous deal was a six-year, $40.5 million extension that the two sides agreed to in December of 2008. With the new extension, the club option will be eliminated for 2015. Pedroia will make $10 million next season, and then the new seven-year deal will kick in.

Pressure may have been added to extend Pedroia by the thought that Robinson Cano hitting free agency this summer may raise the asking price of the superstar second basemen.

Regardless, both sides are happy that the deal is done.