Baseball Toaster Cub Town
It's Official
2004-12-07 14:42
by Derek Smart

It's on ESPN via the AP, and it's on the Cubs' offical site, so I'm going to go out on a limb and say we can now relax and celebrate the signing of Nomar Garciaparra to a one-year deal to play with the Cubs in 2005.

Nothing on the wire yet about money or incentives, so more to say when we know that. Also, nothing yet on Todd Walker, so keep your fingers crossed if you're so inclined.

UPDATE: Walker's a done deal too. It's a one-year deal worth $2.5M with an option for 2006. That sounds right to me.

The word on Nomar as you may have seen in the comments is $8M with incentives tied to games played and plate appearances that could take it up to $11M.

I've yet to see print confirmation on the $11M figure, but assuming it's accurate, and assuming he reaches all the performance goals, the Cubs have made the best deal possible for their shortstop situation.

Hell, they did that if he doesn't reach the goals, because even with his injury history, the risk in this deal is far lower than the risk in signing a Renteria or Cabrera long term, and with a higher ceiling to boot. Kudos to Jim Hendry for getting both of these deals done.

UPDATE 2: Here's a breakdown from of Nomar's deal:

On top of his $8 million base salary, Nomar would make $500,000 each for 535 and 550 plate appearances and $400,000 each for making 130, 135, 140, 145 and 150 starts.

Waddayaknow. $11M.

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