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The news has been coming since late Sunday night, but it's finally here. The Padres have officially announced the signing of James Shields. Shields will get four years and $75 million, with a $16 million club option for a fifth year.
It's official! http://t.co/8P2lNtXx4w pic.twitter.com/NGzWIxXuQr
— San Diego Padres (@Padres) February 11, 2015
There is still the matter of making room for him on the 40-man roster, but that announcement is yet to come.
Padres have not yet announced the corresponding roster move.
— Dennis Lin (@dennistlin) February 11, 2015
$75M to Shields matches biggest outlay to one player in #Padres history. Friars on hook for $75M of Matt Kemp's $107M contract.
— Bernie Wilson (@berniewilson) February 11, 2015
And to make it even MORE official, the Padres will hold a press conference at 3:30 PT today at Petco Park.
James Shields will be introduced at a 3:30 press conference this afternoon. #Padres
— jesse agler (@jesseagler) February 11, 2015
The press conference will be shown on Fox Sports San Diego, as well as streamed live online here.
Update:
We now know the corresponding roster move.
The #Padres have DFA'd RHP Aaron Northcraft to make room for James Shields on the 40-man roster.
— Corey Brock (@FollowThePadres) February 11, 2015