Hanley Ramirez officially has returned.
Ramirez agreed to a four-year contract with the Boston Red Sox, the team announced Tuesday before an introductory press conference at Fenway Park. The three-time All-Star will earn at least $88 million as part of the deal, according to multiple reports.
Ramirez’s contract also includes a $22 million option for 2019 that will vest if he compiles 1,050 plate appearances between 2017 and 2018, according to CBSSports.com’s Jon Heyman.
A complete breakdown of Ramirez’s contract with the Red Sox, per multiple reports, is below.
Signing bonus: $3 million
2015: $19 million
2016: $22 million
2017: $22 million
2018: $22 million
2019: $22 million option vests with 1,050 plate appearances in 2017-18
Ramirez and Red Sox general manager Ben Cherington both acknowledged Tuesday that the 30-year-old reached out to Boston this offseason to express his interest in returning to the organization that originally signed him as an amateur free agent back in 2000.
Ramirez, who is expected to play left field with the Red Sox, referred to Boston as “home” while discussing his decision to return.
UPDATE (8:45 p.m.): Heyman reported a few more details of Ramirez’s deal.
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