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Colorado Rockies tie up Tulowitzki

Wed, 12/01/2010 - 06:32 by Prince damin

Denver -- Shortstop Troy Tulowitzki has signed a seven-year extension tendered by the Colorado Rockies said to be worth $134 million.

The National League baseball club officially announced the contract Tuesday, the day after several media outlets, including The Denver Post, reported the lucrative deal that will keep Tulowitzki in a Rockies uniform through the 2020 season.

Tulowitzki, 26, had signed a six-year contract in January 2008 after helping the team get to its first-ever World Series in 2007. He voiced high hopes for bringing a world championship to Denver.

ESPN: Redskins give McNabb rich extension

Tue, 11/16/2010 - 10:03 by Prince damin

Washington -- The Washington Redskins have locked up quarterback Donovan McNabb for five years at a cost of up to $88 million, ESPN reported Monday.

The sports network said in a story posted on its Web site that $40 million would be guaranteed with the higher amount possible if McNabb reaches incentive levels. McNabb, who turns 34 Nov. 25, came to the Redskins this season after 11 years with Philadelphia.

The Washington Post reported McNabb's agent had confirmed the extension had been reached.

"We've been working on this for a while now, and we're obviously glad to get it done," Fletcher Smith told the newspaper. "Donovan's very happy about the situation because this is where he wanted to be all along."

Big 12 extends commissioner's contract

Sat, 11/06/2010 - 07:36 by Prince damin

Irving, Texas -- Big 12 Commissioner Dan Beebe, credited with keeping the conference together this year, was rewarded with a contract extension Friday.

The league announced Beebe had signed through 2015. The deal replaces one that was set to expire in 2012.

"Dan Beebe has been an outstanding leader for the Big 12 Conference during very challenging times, including our transition to 10 teams," Big 12 Conference Board of Directors chairman and University of Missouri Chancellor Dr. Brady Deaton said. "The board feels that he has performed well beyond his job description under extraordinary conditions."

Sharks' Thornton signs 3-year extension

Sun, 10/17/2010 - 19:50 by Prince damin

San Jose, Calif. -- The San Jose Sharks said Saturday they have reached a three-year, $21 million contract extension agreement with star center Joe Thornton.

Sharks General Manager Doug Wilson said Thornton has made "a tremendous commitment to this franchise" with the deal.

"We are very pleased that we now have another key piece of this team's core under contract for the next four seasons," he said.

Thornton, 31, has scored two goals in two games this season and has racked up 10 straight seasons of at least 20 goals -- the second-longest such streak in the NHL behind only Calgary's Jarome Iginla with 11 straight.

Sources: Brady set to sign $77M extension

Wed, 09/08/2010 - 09:41 by Prince damin

Foxborough, Mass. -- New England Patriots quarterback Tom Brady is close to signing a four-year, $77 million contract extension offer, sources told the Boston Herald Tuesday.

The newspaper, quoting sources close to the negotiations, said Brady has yet to formally agree to the deal but could do so within 24 hours.

The $19.3 million annually would reportedly be in addition to the $6.5 million he's set to earn this season as the Patriots' signal-caller.

The three-time Super Bowl winner has never begun a season while in the final year of contract and has always preferred to get extensions signed before the start of the regular schedule, the Herald noted.

USA soccer coach Bradley gets extension

Tue, 08/31/2010 - 10:11 by Prince damin

Chicago -- U.S. men's national soccer team head Coach Bob Bradley has agreed to a four-year contract extension, team officials said Monday.

A statement issued by U.S. Soccer indicated the agreement will keep Bradley at the helm of the U.S. team through the end of 2014.

Bradley, 52, guided the United States to a first-place group finish at the 2010 FIFA World Cup in South Africa -- the first time in 80 years the U.S. team advanced that far.

Brewers sign Hart to 3-year extension

Tue, 08/03/2010 - 09:07 by Prince damin

Milwaukee -- Milwaukee Brewers outfielder Corey Hart has signed a 3-year contract extension, the team said Monday.

Hart will be paid $26.5 million through the 2013 season -- $6.5 million in 2011, $9 million in 2012 and $10 million in the last year of the deal - the Brewers' official Web site reported.

The deal includes a $1 million signing bonus and eliminates Hart's final year of arbitration eligibility.

Hart is having his best year as a pro, batting .288 with 23 homers and 72 RBI in 92 games. He was named to the all-star team this summer, his second such selection.

49ers sign LB Willis to 5-year extension

Wed, 05/05/2010 - 10:05 by Rakhi

San Francisco -- The San Francisco 49ers have signed linebacker Patrick Willis to a five-year contract extension, the team said Tuesday.

While the details of the deal were not disclosed, broadcast reports indicated the extension for the perennial Pro Bowler is worth $50 million.

Willis, 25, has led the NFL in tackles with 467 since being chosen with the No. 11 overall pick in the 2007 draft. He was named the Defensive Rookie of the Year that season and has reached the Pro Bowl in all three years in the league.

Deadline for home tax credit extended

Fri, 11/06/2009 - 20:39 by Neka Sehgal

Washington, November 6 -- Some heartening news for residents who want to avail the $8,000 tax credit from the federal government stimulus package but are running out of time in closing the deal by Nov. 30.