Rays sign Scott Kazmir to 3-year extension

Another member of the Tampa Bay Rays has inked a long-term extension with the club.

On Wednesday, starting pitcher Scott Kazmir agreed to a three-year extension with the team through 2011 worth $28.5 million US. The extension also features a club option that could push the contract’s value to as much as $39.5 million over four seasons.

The left-hander will make $3,785,000 this season before his extension will see him earn $6 million in 2009, $8 million in 2010 and $12 million in 2011. Tampa Bay’s 2012 option is for $13.5 million with a $2.5 million buyout. Read More