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Marlins Lock Up Ramirez

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The Associated Press

The Tampa Tribune

Published: May 11, 2008

MIAMI - With a new ballpark finally on the horizon, the Florida Marlins are beginning to loosen their purse strings.
Star shortstop Hanley Ramirez has agreed to the framework of a $70 million, six-year contract to remain with the Marlins, a person familiar with the negotiations said Saturday.

The person spoke on condition of anonymity to The Associated Press because the deal hadn't been completed. It's expected to be announced next weekend when the team returns home from a seven-game trip.

In February, the Marlins reached an agreement to build a long-sought, retractable-roof stadium near downtown, which is expected to substantially increase revenue for a franchise with a history of poor attendance and tight budgets.

Florida's 2008 payroll of $22 million is by far the smallest in the major leagues.

YANKEES: Alex Rodriguez is making progress in his rehab from a strained right quadriceps, and the third baseman could rejoin New York late this week.

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