Here is the press release:
BLUE JAYS SIGN ADAM LIND
TO LONG TERM CONTRACT
The TORONTO BLUE JAYS have signed outfielder ADAM LIND to a four year contract for the 2010 through 2013 seasons with club options for the 2014, 2015 & 2016 seasons. The deal has a total value of $18 million dollars (US) over the four years.
LIND, 26, hit .305 during the 2009 season with 35 home runs and led the club with 46 doubles and 114 RBI. The 6-1, 215 lb. resident of Anderson, Indiana was honoured following the 2009 season being named both a Silver Slugger Award winner and recipient of the Edgar Martinez Outstanding Designated Hitter Award.
Since being selected by the Toronto Blue Jays in the third round of the 2004 first year player draft, LIND has appeared in 346 games over four seasons for Toronto posting a .287 average with 84 doubles, 57 home runs and 208 RBI.
Me Back: That wasn't the news we were expecting but it is great to hear.
As noted in the comments thread, Lind will get :
$400 K with a $600 K bonus in 2110
$5 million a year from 2011-2013.
With club options for 3 years:
$7 million for 2014, $2 million buyout.
$7.5 million for 2015, $1 million buyout.
$8 million for 2016, $500 K buyout.
Total if all the options are picked up is $38.5 million. So a good deal for the Jays and good money for Lind. Everyone should be happy.