Feb 9, 2011, 3:15 PM EDT
Eric Chavez agreed to a minor-league contract with the Yankees last week and today the deal (and its details) became official.
Chavez will get $1.5 million if he makes the team out of spring training and Susan Slusser of the San Francisco Chronicle reports that he can opt out of the contract and become a free agent again if he’s not added to the roster by March 26.
If he does make the team, Chavez can then earn an additional $4 million in bonuses based on playing time and days spent on the roster, which is basically a way for the Yankees to avoid paying the oft-injured infielder if he’s on the disabled list.
Even if Chavez is healthy he won’t play much for the Yankees with Alex Rodriguez at third base and Mark Teixeira at first base, so while the contract is worth up to $5.5 million that’s sort of like saying a lottery ticket is worth up to $100 million. On the other hand, even the $1.5 million he’d get for making the Opening Day roster is a significant chunk of change for a guy who hasn’t been healthy and productive since 2007, so he’ll definitely have to prove he’s worth keeping prior to March 26.
- And That Happened: Monday’s scores and highlights 6
- VIDEO: Derek Jeter passes Carl Yastrzemski for seventh on all-time hits list 24
- Ray Rice is awful, but let’s not pretend baseball has a great record on domestic violence 78
- And That Happened: Sunday’s scores and highlights 50
- Mariners’ interest in Matt Kemp is “very real” 29
- Astros players upset over Mark Appel’s promotion to Double-A, bullpen session in Houston 45
- Four theories about the Hall of Fame voting changes 24
- Troy Tulowitzki is visiting a sports hernia surgeon 10
- Expert’s Corner: How to troll fans of all 30 teams (201)
- Verducci: baseball should think about an “illegal defense” rule to combat shifts (165)
- Yankees acquire Chase Headley from Padres (108)
- David Ortiz passes Carl Yastrzemski on the all-time home run list — is he a Hall of Famer? (92)
- Ten years ago today the Alex Rodriguez-Jason Varitek brawl changed the narrative of the Sox-Yankees rivalry (88)