5 years/$75M (2007-11), plus 2012 club option
re-signed by Cubs as a free agent 11/06
$5M signing bonus
07:$8M, 08:$14M, 09:$15.65M, 10:$15.75M, 11:$14.6M player option, 12:$16M club option ($2M buyout)
full no-trade clause 2007-10, $1M assignment bonus if traded
Ramirez has right to void contract after 2010 & become a free agent
award bonuses: $75,000 each for Gold Glove or All Star selection, $0.25M for LCS MVP, $0.3M for MVP,$0.35M for WS MVP
Ramirez may void 2012 option, but doing so forfeits $2M buyout
2012 option becomes guaranteed if Ramirez:
I am just assuming the Cubs would use the options, because quite frankly, he's worth it.