Update: Carmona Deal Specs Coming to Light

So earlier it was reported Carmona had earned himself a 7 year extension that would make him an Indian for up to 2014 provided that his option years get picked up.

Now there are some details on the dollar amounts and the first thoughts I have are WOW.

Did the Indians really get themselves a deal.

"The deal could become a seven-year agreement if the Indians exercise club
options in 2012, 2013 and 2014. The deal is worth a guaranteed $15 million over
four years. If the Indians exercise all three options, it would be worth $43
million and could go as high as $48 million with escalators." - (Cleveland
Plain Dealer)

Well the first thing that comes to mind is that they only have to pay him $15 million for the next four years. That's pretty good and leaves some flexibility in the short term. Carmona gets a real good deal for only one good year of service and some real long term security that I'm sure a guy like him would love after going through what he did.

All in all it is another sensible move for the Indians to make. Kudos to Mark Shapiro on this one, he really did a great job. Locking up what could be our ace for the next several years until the age of 31.