
SAN FRANCISCO, July 11 (UPI) -- Cleveland designated hitter Travis Hafner signed a four-year contract Wednesday worth $47 million.
Fox Sports reported Hafner's deal does not include a signing bonus.
The report added a source with knowledge of the contract said part of the money will be redirected to increase 30-year-old DH's salaries this year and in 2008.
After a short respite, talks between the team and his agent, Scott Parker, resumed Tuesday in San Francisco, the site of this week's All-Star Game.
"The conversations have always been positive," Parker said Tuesday on the Indians' Web site. "We had done enough work on the deal when we left off that it made sense to take stock again."
This season, he is hitting .262 with 14 home runs and 57 RBI in 301 at-bats. For his career, Hafner has a .292 average with 132 homers and 437 RBI.
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