FOXSPORTS: Cubs Contact P Ted Lilly

Monday, November 13, 2006 is reporting that the Cubs have contacted Ted Lilly's agent and both sides have interest in Chicago. Lilly, was believed to be heading to the West Coast, where his wife, Tasha, could continue veterinary school at the University of California at Davis.

"Third baseman Aramis Ramirez actually is guaranteed $75 million in his new five-year deal with the Cubs, not the $73 million that was initially reported.

The extra $2 million, according to sources with knowledge of the contract, comes from a buyout if the team fails to exercise his option for 2013.

Ramirez received full no-trade protection for the first four years of his deal, the sources said, and his contract stipulates that any team that acquires him in the fifth year will be obligated to exercise his sixth-year option." FOXSPORTS


Anonymous 8:12 AM CST  

5 yrs 73 mil
no opt clause
mutual option yr 6

Anonymous 8:26 AM CST  

yeah chicago sun times said there is no opt out clause Fox Sports is wrong and it's 73 million. It only becomes 75 if his option isn't picked up

Chicago Cubs 3:51 PM CST  

This was according to Ken Rosenthal of

Anonymous 3:51 PM CST  
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Chicago Cubs 3:57 PM CST  

you guys are correct, I misread the report. thanks for your concerns