The right-hander will earn $25 million during the next three
seasons and an additional $7.25 million in 2009 if the Dodgers pick
up a club option.
"I wanted to stay. I figured it was going to get done," he
said. "They're easy to work with."
"He's pitched great so far this year," Dodgers general manager
Paul DePodesta said Sunday. "Brad came to us and said he wanted to
do it quickly or not do it at all. He really stepped up and made
sure this happened."
Penny, 3-2 with a 4.04 ERA this season, came to the Dodgers last
July in a trade with the Florida Marlins. He made just three starts
for Los Angeles because of a nerve injury in his pitching arm.
He's had no problems since making his first start April 24.
Penny was 8-8 with a 3.15 ERA with the Marlins last season and
1-2 with a 3.09 ERA with the Dodgers following the trade. The
27-year-old won two starts over the New York Yankees in the 2003
DePodesta said Penny's signing means the Dodgers "don't have to
do as much" in the offseason. "This puts another piece in place
for us in '06," he said.
Meanwhile, DePodesta said the Dodgers would probably initiate
talks with right-hander Jeff Weaver, who will be a free agent next
"He's a guy we'd be interested in keeping around," DePodesta
Weaver is 6-5 with a 5.27 ERA this season. He will start Tuesday
at Kansas City.