Vernon Wells is the Jays CF for the next 8 years

Well it looks like the Jays will have a press conference on Monday to announce that they have agreed to a 7 year deal with Wells for $126 million. The contract is quite backloaded...and starts for the 2008 season, includes a no trace clause and an opt-out after four season. Here are the details:

• 2008: 0.5 million contract + 8.5 million signing bonus
• 2009: 1.5 million contract + 8.5 million signing bonus
• 2010: 12.5 million contract + 8.5 million signing bonus
• 2011: $23 million
• 2012-2014: $21 million each season
• Bonuses of $250,000 for MVP, $200,000 for World Series MVP, $150,000 for league championship series MVP and $100,000 for receiving the most votes in his league in All-Star game balloting.

It's a massive deal but he probably would have had more if he tested the free agent market...the Jays have him locked up and now have a nice core of locked up players. TO's great...