Promoted from the Diaries. Love ya, HMZ.
The Reds signed Scott Hatteberg to a one-year, $1.65 million contract extension with a club option for 2008.
The official site says the terms of the contract were not disclosed; the terms that I've posted came from an article posted to rotoworld.com an hour ago:
According to the linked article, Hatteberg will earn $1.5 million next year; the option for 2008 is worth $1.85 million and includes a $150,000 buyout; and the 2008 club option iincreases to a $2 million base salary with a $175,000 buyout if he has 500 plate appearances next season. It also says that he will earn an additional fifty grand 500, 550 and 600 plate appearances each season.
We now return you to our regularly scheduled coverage of the Reds' quest for a 2006 playoff berth, already in progress.