Contract Matters: Giants, Bonds Working To Finalize Language
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Bonds Finalizing
Deal With Giants |
The AP’s Janie McCauley reported the MLB Giants are still working with Jeff Borris,
the agent for Barry Bonds, “to finalize complicated language” in Bonds’ one-year,
$16M deal for next season. A source indicated that the language “still being negotiated
concerns [Bonds’] compliance with team rules, as well as what would happen if
he were to be indicted or have other legal troubles” (AP, 1/3). In Oakland,
Andrew Baggarly notes the Giants increased their payroll by $10M to sign P Barry
Zito, and GM Brian Sabean said that he “expects the team to budget about $95[M]
for the foreseeable future.” Giants Managing Partner Peter Magowan said that increased
revenues from MLBAM, the new MLB TV deal and MLB’s sale of the Expos/Nationals
“allowed the club to boost its budget” (OAKLAND TRIBUNE, 1/4).
MAKING THE SAVE: The Nets traded G Jeff McInnis to the Bobcats yesterday
for F Bernard Robinson, and in N.Y., John Eligon writes the Nets “wanted to make
the trade to unload McInnis’s $3.6[M] contract so they could move under the NBA’s
luxury-tax threshold” of $65.42M. With the dollar-for-dollar tax, the deal “is
expected to save the Nets” about $5M. Robinson is making $1M this season (N.Y.
TIMES, 1/4).
SUITE DEAL: In St. Louis, Derrick Goold reported P Jeff Suppan’s four-year,
$42M deal with the Brewers includes a suite for games at Miller Park (POST-DISPATCH,
1/3).
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