Rays "special announcement" likely Maddon deal

The Rays have planned a "special announcement" for this afternoon that is expected to be the formal announcement of manager Joe Maddon's new three-year contract extension.

Maddon, 55, agreed to terms last week, with only final details to be worked out. Maddon is in the last year of his present deal, a two-year option after his original two-year term. The new deal will out Maddon under contract with the Rays through 2012.

The team has scheduled a 1:30 conference call with reporters involving Maddon, executive VP Andrew Friedman and team president Matt Silverman.

The Rays finished last in Maddon's first two seasons, losing 101 and 96 games, then staged a remarkable turnaround in 2008, winning 97 and reaching the Series. He was voted AL manager of the year.

There will also be an update today on the status of 2B Akinori Iwamura, who is likely headed to the DL, and perhaps an extended absence, after injuring his left knee Sunday. LHP David Price has to be added to the roster before tonight's game.

[Last modified: Monday, December 21, 2009 12:47am]

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