$30.9-Million Deal for Clemens
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Roger Clemens and the New York Yankees agreed to a $30.9-million, three-year contract extension Friday, announcing a deal that had been rumored since he joined the team.
Clemens, 38, would have been eligible for free agency after this season. Now, the five-time Cy Young winner can remain in New York through 2003.
“It’s great to know I have the opportunity to continue with a great club,” Clemens said before the Yankees played the Angels at Edison Field. “My hopes were to have a chance to finish here, compete for another championship and shoot for 300 games in this uniform--the whole nine yards.”
Clemens is unbeaten is nine starts since June 9, going 5-0. For the season, he is 9-6 and his 3.73 earned-run average is fourth-best in the league. Clemens has a $6.35-million salary this season, the option year of a contract he signed with Toronto before 1997. That was part of his previous deal that is paying him a total of $31.1 million over four years.
Clemens gets a $5-million signing bonus--$2.5 million payable next year and $2.5 million in 2002--plus yearly salaries of $7.8 million in 2001, $7.8 million in 2002 and $10.3 million in 2003.
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