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Magowan explains Bonds deal in letter to ticket holders

Updated: February 2, 2007, 9:42 PM ET
Associated Press

SAN FRANCISCO -- Giants owner Peter Magowan sent a letter to about 27,000 season-ticket holders this week explaining why the club decided to re-sign free agent slugger Barry Bonds for another season.

"The process of negotiating this contract was complex, lengthy and highly unconventional," Magowan wrote Monday in his letter, which was obtained by The Associated Press on Friday. "This decision was not taken lightly and we spent significant time evaluating all of the elements and circumstances ...

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