Red Sox Finalize a Big Contract Extension with Xander Bogaerts
Boston, MA– On the Section 10 podcast when general manager Dave Dombrowski remarked that he knew he would not be able to re-sign and extend all of the Boston Red Sox's best players going forward, I thought Xander Bogaerts might have been one of the players Dombrowski was preparing to let slip by the wayside.
Starting pitcher Chris Sale and reigning MVP Mookie Betts seemed like the obvious candidates for extensions, and while the former recently inked an extension, the latter remains interested in free agency. With Scott Boras as his agent, I did not anticipate Bogaerts would stick around much longer. However, the Red Sox subverted this expectation by finalizing a big contract extension just last night with the All-Star shortstop.
Last season, Bogaerts unlocked a new level of talent and power with 103 runs batted in and a .288 batting average as he cemented himself as one of the best shortstops in all of baseball. A member of the Red Sox since 2013, Bogaerts is also a two-time World Series champion with the team.
In response, Boston decided to lock down one of the best elements of their young core as they have now finalized a contract extension worth 132 million dollars and good for seven seasons. The contract includes Bogaerts' owed 12 million dollars for the remainder of this season and 120 million dollars for the remaining six seasons on the extension. Included in the terms of the contract are an opt-out clause for 2023 when Bogaerts will be 30 years old, as well as a 2026 vesting option, which matches the amount of money paid to Bogaerts per year with 20 million dollars.
There are many great shortstops in the league, but Bogaerts is undoubtedly among the top tier at the position and has been an integral part of the core group of young players that the front office seems to be prioritizing as the future of the team. Hopefully, Betts will be next, but for now Bogaerts is an excellent player to retain for the Red Sox going forward and I can't wait to see him patrolling the infield for years to come.
Image via Wikimedia Commons / Keith Allison