Giambi back with the A’s!
January 7, 2009
After splitting the first 14 years of his career with the A’s, for whom he debuted in 1995, and the Yankees, with whom he signed as a free agent after the 2001 season, Jason Giambi has officially returned to Oakland.
As expected, the A’s on Wednesday announced that they’ve signed Giambi to a one-year contract with a club option for 2010.
With Oakland, Giambi gets a $4 million salary this season and the A’s hold a $6.5 million option for 2010 with a $1.25 million buyout, according to the Associated Press. He can earn an additional $500,000 each year in performance bonuses: $250,000 each for 525 and 550 plate appearances.
Giambi, who turns 38 on Thursday, took a physical in the East Bay in the morning, after which the A’s announced that they’ll formally re-introduce the man affectionately known as “G” to the Bay Area at a 2 p.m. PT news conference at Oakland Coliseum.
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