Mar 25, 2011, 3:15 PM EDT
Millwood can opt out of the deal if he’s not in the majors by May 1. If he does get added to the roster his base salary will be $1.5 million and then he can earn an additional $3.5 million in incentives, with $500,000 each for 5, 10, 15, 20, and 25 starts and $1 million for 30 starts.
He has about as much chance of making 30 starts for the Yankees this season as I do, but there’s a decent chance he’ll join the rotation at some point in the next month and would probably be given at least a handful of starts to prove himself, which would add up to $2 million total.
At this point it looks like both Freddy Garcia and Bartolo Colon will crack the Opening Day pitching staff, whereas Millwood likely wouldn’t be an option until mid-April because he waited so long to sign while holding out for a guaranteed deal that never came. He went 4-16 with a 5.10 ERA for the Orioles last year, including 0-2 with a 5.70 ERA against the Yankees.
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- Jean Segura leaves Brewers following the death of his nine-month-old son 47
- Settling the Score: Friday’s results 32
- Rangers catcher Geovany Soto arrested for marijuana possession 63
- Babe Ruth made his major league debut 100 years ago today 50
- Rockies owner: “maybe Denver doesn’t deserve a franchise . . . maybe time for it to find a new home” 80
- And That Happened: Thursday’s scores and highlights 33
- Masahiro Tanaka diagnosed with partially-torn UCL in elbow 114
- Shocker: the Red Sox publicly criticize A.J. Pierzynski after cutting him (191)
- John Lackey on Nelson Cruz: “Not even going to comment … I’ve got nothing to say about him” (143)
- Masahiro Tanaka diagnosed with partially-torn UCL in elbow (114)
- The 2014 All-Star rosters have been announced (103)
- Giants broadcaster says Angel Hernandez “does not belong in the big leagues” (102)