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Red Sox Pick Up Option on Wakefield

In perhaps the best contract in the major leagues, the Red Sox have again re-signed SP Tim Wakefield to a one-year, $4 million deal. Everytime the option is picked up, it kicks in for the next season at $4 million until the Red Sox let him go. Wakefield will turn 43 next season.

So how far did their $4 million investment in Tim Wakefield take them last year? Wake went 10-11 with a 4.13 ERA and a low 1.18 WHIP. Opposing batters hit only .228 (3rd in the AL), but clubbed 25 home runs off the knuckleballer. That stat gives Wakefield for a total 362 HRs allowed in his career.

Wake has been pretty bad in the playoffs in his career, going 5-7 with a 6.75 ERA in 18 career games (11 starts). But, his bread and butter is eating innings during the regular season, something that’s very valuable to have in one of your five starts. At $4 million, Wakefield is worth every penny.

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