Ramirez To Sign 4 year Extension

[rockin500]

WMVP 1000's Bruce Levine (beat reporter) has reported that the cubs have agreed to a 4 year extension with a 5th year option. more details later in the day.

[awefullspellare]

Great news. We needed to get that done and we did it just before they were going to stop talking.

[Cubsfolyfe]

Thank god it finally happened. I was really worried Hendry was gonna drop the ball, he doesn't do it much and it's good to see he hasn't yet.

[CrazyEights]

Ramirez has an interesting out clause in his contract. I wonder if he'll use it if he has a couple of great years.

[rockin500]

that out clause is there for two reasons: in case he does have those two really good seasons, he can opt out of it so they can re-negotiate and also if the organization starts sliding downhill he can opt out if he hates the direction they are going. he doesnt expect to use the out clause.

[CrazyEights]

that out clause is there for two reasons: in case he does have those two really good seasons, he can opt out of it so they can re-negotiate and also if the organization starts sliding downhill he can opt out if he hates the direction they are going. he doesnt expect to use the out clause.

Well... I would hope that he expects to have two really good seasons.

[rockin500]

i would hope so too.

[Cubs2317]

Good job by Hendry getting this done before the season. Hopefully this will be a big part to a good start for the season.