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02/03/2011 12:59 PM ET
White Sox and Alexei Ramirez agree to terms on four-year contract extension with club option for 2016
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CHICAGO - The Chicago White Sox and Silver Slugger Award-winning shortstop Alexei Ramirez have agreed to terms on a four-year, $32.5-million contract extension which includes a club option for the 2016 season.

Under terms of the deal, Ramirez will receive $5 million in 2012, $7 million in 2013, $9.5 million in 2014 and $10 million in 2015. The club holds a $10-million option for 2016, which includes a $1-million buyout. Ramirez still will earn a base salary of $2.75 million in 2011 as per the terms of the original four-year contract he signed with the White Sox on January 22, 2008.

Ramirez, 29, hit .282 (165-585) with 29 doubles, 18 home runs and 70 RBI in 156 games with the Sox last season to become the first shortstop in White Sox history to win the Silver Slugger Award. He led all AL shortstops in average, slugging percentage (.431), home runs and total bases (252), ranked second in RBI, third in hits and tied for third in doubles.

Ramirez was named the shortstop on The Sporting News AL All-Star Team, joining Luis Aparicio (1968 and '70) and Luke Appling (1936, '40 and '43) as the only three White Sox shortstops to garner the honor.

In three seasons with the Sox, the native of Pinar del Rio, Cuba, has hit .283 (454-1,607) with 54 home runs and 215 RBI.

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