BREAKING:

Red Sox, Pedroia complete lucrative deal

The SportsXchange

Second baseman Dustin Pedroia will remain the face of the Boston Red Sox for the next decade after finalizing an eight-year, $110 million contract on Wednesday.

The 5-foot-6, 165-pound Pedroia was signed for the 2014 season at $10 million under terms of his previous contract..With the extension, Pedroia will receive a signing bonus of $1 million and salaries of $12.5 million in 2014, $12.5 million in 2015, $13 million in 2016, $15 million in 2017, $16 million in 2018, $15 million in 2019, $13 million in 2020 and $12 million in 2021.

The Red Sox and Pedroia, 29, made significant progress for a contract extension worth $100 million during the All-Star Break. Talks have been ongoing since the offseason, and the fan favorite continues to be a productive sparkplug in the Boston lineup. The Red Sox have the best record in the American League entering Tuesday's game against the Tampa Bay Rays and by shedding big-ticket salaries last year, they have freed up money to sign the four-time All-Star.

The new contract is close to the six-year, $100 million pact that Evan Longoria signed with the Rays last season.

Pedroia is in the fourth year of a six-year, $40.5 million deal.

Pedroia, the 2008 AL MVP, owns career .304 batting average and is playing some of the best ball of his career this year. An excellent fielder and above-average base runner, he is batting .325, and has a career-high .396 on-base percentage.
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