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Hungarian world champion and three-time Olympic silver medallist Laszlo Cseh (front) and Zsuzsanna Jakabos swim as they test their new Arena swimming suits in Budapest May 27, 2009. REUTERS/Laszlo Balogh

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    Ramirez signs $70 million extension deal with Marlins

    Simon Evans
    MIAMI
    Sat May 17, 2008 3:59pm EDT
    Florida Marlins shortstop Hanley Ramirez slides into third base during the third inning of their National League MLB baseball game against the New York Mets in Miami, Florida, September 23, 2007. The Florida Marlins have agreed a franchise record $70 million contract extension with Dominican Republic hitter Hanley Ramirez that ties him to the team until 2014. REUTERS/Marc Serota

    MIAMI (Reuters) - The Florida Marlins have agreed a franchise record $70 million contract extension with Dominican Republic hitter Hanley Ramirez that ties him to the team until 2014.

    Sports  |  People

    "Hanley can do it all on the field, and he's always trying to improve himself and our team," Marlins CEO Jeffrey Loria said on the team's Web site (florida.marlins.mlb.com) on Saturday.

    "We are looking forward to Hanley remaining an integral part of our team for many years."

    The 24-year-old shortstop's six-year deal will kick in next season. Ramirez will make $5.5 million in 2009, and the deal continues to provide increased revenue in the future.

    In 2011, the Marlins are expected to open a new ballpark on the site of the old Orange Bowl in central Miami and the team will change their name to the Miami Marlins.

    In 2006, Ramirez was named the National League Rookie of the Year - last year he continued his impressive progression by batting .332 with 29 home runs and a franchise-record 125 runs scored.

    This year Ramirez has helped the Marlins to their best season start.

    (Editing by Trevor Huggins)
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