It’s not the long-term contract that we had hoped for, but it’s a fair contract, and I’m very excited about it:
Late Monday evening, Cincinnati avoided arbitration with first baseman Adam Dunn by signing him to a two-year, $18 million contract with a $13 million club option for the 2008 season.
Dunn and the club were scheduled to have their arbitration hearing this Friday in Florida.
“There were so many things going on at once. This was a priority,” Krivsky said by phone from his home near Dallas. “I knew (a hearing) was looming and I wanted to get it done as soon as possible. Once we were close, I was confident we could get it done.”
Dunn batted .247 with 40 home runs and 101 RBIs in 160 games last season for the Reds, which gave him back-to-back 40 homer, 100-RBI seasons.
Here’s one good feature of this contract:
Dunn will make $7.5 million in 2006 and $10.5 million in 2007. His club option for 2008 can be bought out for $500,000. The guaranteed years of the contract avoid a third year of arbitration eligibility and defer his first exploration into the free agent market for an extra season.
This is nothing but good news. We’ll have more reaction tomorrow, but for now, I’ll be able to rest easier tonight. Adam Dunn is a Cincinnati Red for the near future.