November 7th, 2010

Tigers reach agreement with Peralta

UPDATE: The Tigers confirmed the deal in a release Monday morning. Terms are as listed.

The Tigers have agreed to terms with shortstop Jhonny Peralta on a two-year contract, according to a source with knowledge of the agreement. The deal is expected to be announced in the next couple days, and sew ups Detroit’s shortstop opening for the foreseeable future.

Enrique Rojas of ESPN Deportes first reported the two sides were finishing up the final details this weekend. The contract is worth $11.25 million, and includes a third-year club option at $6 million.

The agreement takes Peralta off the market just as other teams had gained the right to talk to him about a contract. Peralta was prepared to listen to interest, but he made it clear Friday that his goal was to stay in Detroit, which acquired him in a trade from Cleveland near the end of July.

“My first preference is Detroit,” he reiterated to MLB.com in a phone interview from his offseason home in the Dominican Republic.

Peralta confirmed an agreement to the Detroit Free Press. Tigers officials did not immediately respond to a request for comment. The team generally does not confirm agreements before they’re formally announced.

Though an agreement was long-expected, negotiations between the Tigers and Peralta on a new deal took up the better part of a month, though they didn’t really pick up in seriousness until the last couple weeks. Peralta was hoping to get a two- or three-year deal as a trade-off for taking a lower salary than the $7.25 million club option the Tigers made clear they would not pick up. Detroit officially declined the option last week.

Peralta will still get a sizeable raise from his previous deal. He’ll make $5.25
million next season and $5.5 million in 2012, after which the Tigers will either
pick up his $6 million option for buy him out for $500,000.

Both sides stated encouragement towards getting a deal done once the Tigers made declined the option, the final piece of the five-year, $13 million contract he signed with the Indians after the 2005 season.

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