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Reports: Jays, closer Ryan agree to 5 years, $47M
NEW YORK -- B.J. Ryan and the Toronto Blue Jays have reached a preliminary agreement on a $47 million, five-year contract, a high-ranking baseball official told The Associated Press Friday.
Ryan, a left-hander who turns 30 next month, is getting the largest deal given to a reliever, topping the $39.99 million, four-year contract Mariano Rivera had with the New York Yankees from 2001-04. Rivera just completed the first season of a $21 million, two-year deal with the Yankees.
The baseball official spoke on condition of anonymity because Toronto had not yet announced the agreement.
"We're still talking to him," Blue Jays general manager J.P. Ricciardi said. "To me, this whole thing is premature."
Ricciardi said he did not anticipate any announcements during the weekend. Pat Rooney, the head of the Chicago office of Ryan's agent group, declined comment. Rooney's partner, John Courtright, is negotiating the deal.
Ryan's agreement with Toronto was first reported by the New York Daily News on its Web site.
Ryan had 36 saves in 41 chances last season for the Baltimore Orioles and went 1-4 with a 2.43 ERA. He had a $2.6 million base salary, earned $200,000 in performance bonuses based on games finished and $25,000 for making the AL All-Star team.
The text in bold really scares me, I'm not as excited about this signing as I was last night.