The Pittsburgh Pirates signed Matt Diaz to a two year deal last night, and today we learned that the deal is for $4.25 M, with no option years. Still no word on the yearly breakdown, but my guess would be $2 M a year, and a $250 K signing bonus. I'll update this post when the yearly breakdowns are announced. I project the Pirates' payroll to be just under $37 M after the addition.
Jayson Stark also tweets that Diaz turned down more money from the Los Angeles Dodgers because he wanted to stay on the East coast and train in Florida.
UPDATE 2:44 PM: Stark clarifies his comments in two tweets, saying that Diaz didn't turn down more money because the Dodgers didn't make a formal offer. He says the Dodgers were prepared to offer more, but got the impression Diaz wanted to stay in the East....
Tim is the owner and editor in chief of Pirates Prospects. He started the site in January 2009, and turned it into his full time job during the 2011 season. Prior to starting Pirates Prospects, Tim worked with AccuScore.com, providing MLB, NHL, and NFL coverage to various national media outlets, including ESPN Insider, USA Today, Yahoo Sports, and the Wall Street Journal. He also writes the annual Prospect Guide, which is sold through the site. Tim lives in Bradenton, where he provides live coverage all year of Spring Training, mini camp, instructs, the Bradenton Marauders, and the GCL Pirates.