Twins agree to terms with Monroe
Tuesday, December 11th, 2007
The Twins agreed to a one-year contract with Craig Monroe, Twins General Manager Bill Smith confirmed Tuesday.
“I have a confirmed agreement now,” Smith said, after saying earlier Tuesday that he wouldn’t comment until he was sure.
The team faced a Wednesday deadline to tender Monroe a contract, and there was some thought they might non-tender him, cutting him loose as a free agent.
Monroe made $4.8 million last season. The new deal is worth $3.82 million, a 20 percent paycut. Had they not reached a deal, they would not have had to send the Cubs a prospect to complete their November trade.
Update: The Cubs won’t immediately receive the player to be named in the Monroe deal. The deadline is May 1, but it is expected to a be a low-level minor-league player.