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soriano-gets-2-year-deal | January | 2008 Articles

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Soriano Gets 2-Year Deal

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Update: According to the AP,  Soriano's deal is for $9 million over the two years. He will make $2.4 million in 2008 and $6.1 million in 2009 along with a $500,000 signing bonus. The deal is for a little more than I expected but the signing seems like a good one. Soriano is the last of the arbitration-eligible players to sign a deal for next year so all of that is out of the way. The rumors have been floating around for a couple of days and Dave O'Brien of the AJC is now confirming that the Braves have indeed signed incumbent closer Rafael Soriano to a contract extension through the 2009 season. The 28-year old reliever was 3-3 with a 3.00 ERA and nine saves in his first year with Atlanta. He was a dominant arm out of the pen that the Braves have lacked since John Smoltz moved back to the rotation, striking out 70 in 72 innings, while allowing only 15 walks, 47 hits, and limiting opposing batters to a .188 average. The deal covers his final year of arbitration and one year of free agency, adding security to the back-end of the bullpen for the next two seasons. Financial terms have not yet been disclosed but I'd expect the deal is in the $7-8 million range. Soriano, who was acquired last year from Seattle for Horacio Ramirez, is expected to be Atlanta's closer this season after taking over the job from Bob Wickman last year.

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