A few years ago, Clay Buchholz was the subject of trade rumors. Now 3 1/2 years removed from throwing a no-hitter in just his second career start, the Boston Red Sox and Buchholz have to come to an agreement on a four-year extension worth $30.5 million.
The four-year deal buys out all three of his arbitration years as well as his first year of free agency. The deal also reportedly has two club options for the Red Sox meaning Buchholz could be in Boston through the 2017 season. The options are for $13 million a year.
With Buchholz now under contract through 2015, the Red Sox will also have Jon Lester, John Lackey and Josh Beckett under their control through at least 2014.
Buchholz is having a rough start to the 2011 season as he is 0-2 with a 7.20 ERA (8 ER/10 IP). He has already allowed five home runs this season after giving up just nine in all of 2010.
Update: According to Sean McAdam of CSNNE.com via Twitter are the details of the contract. Buchholz will earn $3.5 million in 2012, $5.5 million in 2013, $7.7 million in 2014, and $12 million in 2015. The two club options are worth $13MM and $13.5MM respectively
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