Kansas City Royals Wiretap
The Royals have signed Salvador Perez to a deal that will keep him under contract for the next five years and perhaps until the 2019 season.
The catcher's five-year contract runs through 2016 with club options for each of the following three seasons.
The deal guarantees Perez $7 million, but could be worth $26.75 million for the full eight years if all the options are exercised.
The 21-year-old will receive a guaranteed $750,000 for this year, $1 million for 2013, $1.5 million for 2014, $1.75 million for 2015 and $2 million for 2016.
The Royals have agreed to terms on contracts with young studs Eric Hosmer and Mike Moustakas.
Lorenzo Cain and Luis Mendoza also received new deals on Saturday, two days before pitchers and catchers are due to report to Spring Training.
Hosmer will make $502,500 and Moustakas will make $487,250.
All four players have fewer than three years of service time, which means their contracts could be set at the club's discretion.
The Royals have exercised the 2013 option on manager Ned Yost's contract.
He was hired on May 13, 2010, succeeding Trey Hillman, who was dismissed. Later that season, on July 31, Yost signed a two-year extension with an option for 2013.
Since Yost took over, the Royals have a 126-163 record but really picked up steam late last season after an influx of top-drawer prospects reached Kansas City.
The Royals have agreed to terms with 12 players who will be with the team for the start of spring training later this month.
The Royals have announced that the club has agreed to terms on a one-year contract with outfielder Alex Gordon for the 2012 season.
Gordon, who turns 28 tomorrow, was a standout both offensively and defensively for the Royals in 2011 to earn his first career Les Milgram Player of Year. He also won his first career Rawlings Gold Glove in his first full season in left field.
Royals Feb 2012 Archive