Boston Red Sox
If injured, Drew faces a long wait to get all his money
04:39 PM EST on Thursday, February 15, 2007
FORT MYERS, Fla. (AP) - J.D. Drew might have to wait until 2030 to get all the money in his contract if he gets hurt.
Drew's $70 million contract with the Boston Red Sox was finalized Wednesday, a deal that pays the outfielder $14 million for each of the next five seasons. But if he doesn't play at least 500 games from 2007-10 or 375 from 2008-10, then $9 million of his 2011 salary would be deferred at 1 percent interest.
The 31-year-old Drew would receive the money and interest each July 1 starting with payments of $500,000 in 2022 and $750,000 in 2023. He then would get $1 million annually from 2024-29 and $1.75 million in 2030.
His deal gives the Red Sox the right to specify 28 teams Drew can be traded to, and he may add two additional teams he can't be sent to without his approval.
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