When you sign a lucrative contract, you need to dot your i's and cross your t's. When you use the word signing in a story about a lucrative contract, you need to include all those to-be-dotted i's.
How could signing be misspelled — in the opening sentence, no less — in a newspaper article? The original AP writer didn't notice? No editors spotted it? Seems hard to believe. Almost as hard as it is to believe that a good-but-not-great ballplayer like Freddy Garcia can earn in the neighborhood of $4 million for one year of service. Not too shabby, especially in this economic climate.
Journalism? What was I thinking during my undergrad years? I should have set a course for Major League Baseball. I should have majored in the Majors, if you will. Oh, well.
Signing (with two i's) off.