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Tribe set to introduce Encarnacion on Thursday
- Updated: January 3, 2017
CLEVELAND — There is still one unopened gift remaining from the holidays. The Indians plan on opening it for their fans this week.
Barring something unexpected, Cleveland is preparing to officially announce the signing of free-agent slugger Edwin Encarnacion in a news conference on Thursday at Progressive Field. Encarnacion was scheduled to arrive to Cleveland on Tuesday with a physical lined up for Wednesday to complete the blockbuster transaction.
The Indians reached an agreement with Encarnacion on a three-year deal worth $60 million, which includes a $5 million buyout. The pact also has a $25 million team option for the 2020 season, meaning the contract has a maximum value of $80 million over four years.
Once official, the deal to land Encarnacion will represent the largest contract given out by the Indians in terms of guaranteed dollars ($60 million). Cleveland gave Travis Hafner a four-year, $57 million extension in 2007 and signed free agent Nick Swisher to a four-year, $56 million deal prior to the ’13 season.
By adding Encarnacion, the Indians are continuing to try to seize …
