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Staying Put: Bonds to re-up with Giants for $16 million

Updated: December 8, 2006, 3:47 PM ET
Associated Press

NEW YORK -- Barry Bonds and the San Francisco Giants reached agreement on a $16 million, one-year contract Thursday night that will keep the controversial slugger in the Bay Area to take aim at baseball's home run record.

Bonds

The deal includes four performance bonuses that could make the pact worth a total of $20 million, a person familiar with the negotiations told The Associated Press, speaking on condition of anonymity because there had been no official announcement.

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