Hot-Stove: James Loney Officially Re-Signs, Rays Pick-up Pedro Figueroa, Etc

Loney is slated to make $1MM in 2014, $7MM in 2015, and $8MM in 2016, and has received a $5MM signing bonus. For the 29 year-old first baseman, this represents a significant rise in salary and offers him some job security — after all, he signed a one-year, $2MM prior to the 2013 season.