Fausto Carmona loses $4.5 million in guaranteed salary for 2012

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Jon Heyman of CBSSports.com recently reported that the Indians restructured the contract of Roberto Hernandez, formerly known as Fausto Carmona, following his arrest on false identity charges in January. Now we know the details.

According to the Associated Press, Hernandez will make $2.5 million as a base salary in 2012 and can earn an additional $2.7 million in performance and roster bonuses. He was previously set to earn $7 million this season after the Indians picked up his club option in October. His $9 million option for 2013 was also reduced to $6 million, but he has a chance to make an additional $3 million in bonuses based on innings pitched.

Of course, Hernandez won’t earn a dime until he is removed from MLB’s restricted list. He recently reached a deal to have his false identity charges dropped in exchange for completing a work program in his native Dominican Republic, but he is currently awaiting a work visa to return to the United States.

Report: Rays sign Brandon Lowe to six-year, $24 million contract extension

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Ken Rosenthal of The Athletic reports that the Rays and infielder Brandon Lowe have agreed on a six-year, $24 million contract extension. Lowe has just 58 days of service time, so this will cover his three years of pre-arbitration as well as three arbitration years.

Lowe, 24, earned a promotion to the majors in early August last year, playing mostly at second base but also logging time in both outfield corners. Through the end of the season, he hit .233/.324/.450 with six home runs and 25 RBI in 148 plate appearances. Lowe also performed well this spring, batting .359/.405/.692 with a pair of homers and 14 RBI in 39 at-bats.

MLB Pipeline rates lowe as the No. 10 prospect in the Rays’ system. He is in line to see regular starts at second base, but the Rays will certainly be keen to utilize his versatility throughout the year.