Martinez batted .283 with 23 homers and 108 RBI last season and
was picked for the AL All-Star team.
"I thank the Cleveland Indians for the opportunity and their
trust," Martinez said.
He originally had signed a one-year deal worth $372,100. He
would not have been eligible for salary arbitration until after the
"It wasn't that hard of a decision," Martinez said. I am more
than happy to be an Indian long-term. Hopefully, I can finish my
career with the Indians."
Martinez gets a $1 million signing bonus, $500,000 this year,
$800,000 in 2006, $3 million in 2007, $4.25 million in 2008 and
$5.7 million in 2009. The Indians have a $7 million option for 2010
with a $250,000 buyout.
The contract is the largest ever for a catcher not yet eligible
for arbitration, Cleveland general manager Mark Shapiro said. It
also is Cleveland's biggest deal for a player not yet eligible for
"There's a premium for the position he plays, and the teammate
he is, and I think the leader he is going to become on this team,"
Locking up the 26-year-old catcher and cleanup hitter for an
extended time was a prime motivation for the Indians to act now.
"I think (the length) was an important part of the equation for
us," Shapiro said. "I think that there is a shared risk in any
long-term contract. We wanted to make as strong a statement as
possible, because our belief in Victory is so resolute."
Martinez, a native of Venezuela, was originally signed as a free
agent by Cleveland in 1996. He broke in with the Indians in 2002,
playing in 12 games. He played in 49 games in 2003 and then had his
breakout season a year ago.
Martinez's 21 homers and 101 RBI as a catcher led the major
leagues at his position. The 21 homers were a franchise record for