No terms have been released. Let’s try and guess.
FanGraphs readers projected something in the vicinity of a three-year, $36 million deal for Ramirez in the beginning of November.
FanGraphs readers have projected Ramirez to be a 2.8-win player in 2012. Assuming a 0.5 WAR decline each season and 5% inflation each season on $5 million per win, we’d expect this:
Year WAR $/Win Salary 2012 2.8 5.00 $14.0 2013 2.3 5.25 $12.1 2014 1.8 5.52 $9.9 Total 6.9 ---- $36.0
So, in both caes, three years and $36 million — or an average annual value of $12 million — would appear to make sense.
UPDATE: Ken Rosenthal reports that the deal is in the $34M to $37M range.
Carson Cistulli has published a book of aphorisms called Spirited Ejaculations of a New Enthusiast.