Studebaker was entering the final year of his contract in 2010.
He was due $470,000 in base salaries for 2010 but that is now $1.3 million so not a bad bump in pay.
He'll make just under $4.5 million the following three years topping out at just over $2 million in 2013.
There could be bonuses and things like that included but I've got no information on that.
So...not a bad week for the Wheaton product, huh?