Dec 10, 2009, 6:26 PM EST
The Dallas Morning News has all of the details on Rich Harden’s deal with the Rangers, which was agreed to Wednesday.
According to the DMN, Harden will earn $6.5 million next season and up to $2.5 million more incentives. The 2011 option needs approval from both sides and is worth $11million. If either party declines it, Harden will receive $1 million, meaning the deal is worth a guaranteed $7.5 million. Harden could earn as much as $20 million over the two years.
However, there’s very little chance that Harden will pitch under the terms of the mutual option in 2011. For the Rangers to pick up their side, they’d need to value Harden at $10 million, and if the general feeling after the season is that Harden is going to be worth $10 million in 2011, he shouldn’t have any trouble going back on the market and landing a big multiyear deal.
So, it all comes back to $7.5 million for 2009. Harden is a fine risk at that price. And if he pitches so well that the Rangers can’t afford to bring him back, they’ll have gotten more than their money’s worth and likely two picks in the 2011 draft to boot.
- Francisco Rodriguez re-signs with the Brewers 8
- If addiction is an illness — and it is — Josh Hamilton shouldn’t be suspended 267
- Pirates open to massive extension for Andrew McCutchen 16
- Report: Josh Hamilton had a relapse this offseason that “involved at least cocaine” 85
- Yankees don’t plan on having to pay A-Rod’s $30 million in home run milestone bonuses 49
- San Francisco — and all of California — will consider a smokeless tobacco ban that includes MLB parks 131
- Rob Manfred says a return to a 154-game season could happen one day 66
- Report: The Yankees were “fuming” at how A-Rod handled his early arrival to spring training 114
- If addiction is an illness — and it is — Josh Hamilton shouldn’t be suspended (267)
- San Francisco — and all of California — will consider a smokeless tobacco ban that includes MLB parks (131)
- Report: The Yankees were “fuming” at how A-Rod handled his early arrival to spring training (114)
- Cuban prospect Yoan Moncada reportedly signs with the Red Sox for $31.5 million, plus $31.5 million in penalties (106)
- Gregg Zaun says young players should be physically abused and hazed by veterans. So they can learn respect. (105)