Sep 30, 2011, 6:07 PM EDT
It looks like a bargain for the White Sox, who turned to Santos in the ninth after Matt Thornton‘s shaky start this season. Santos is still a year away from arbitration, but the deal will take care of his first two arbitration seasons and it includes options through 2017.
Santos will receive $1 million next season, $2.75 million in 2013 and $3.75 million in 2014. The options are for $6 million in 2015, $8 million in 2016 and $8.75 million in 2017. The reliever will get a $750,000 buyout if any of those options are declined.
So, Santos will earn a total of $7.5 million for his third, fourth and fifth years in the big leaguers. Bobby Jenks, the team’s previous closer, earned $13.5 million over that same timeframe, demonstrating just how much the White Sox stand to save here if Santos remains a quality closer.
And Santos figures to remain a force at the end of games. He’s still learning how to pitch, but that didn’t stop him from striking out 92 and limiting hitters to a .181 average as a sophomore.
In 115 big-league innings, Santos has a 3.29 ERA and a 148/55 K/BB ratio.
- Astros “making a strong effort” for Phillies ace Cole Hamels 17
- Angels acquire outfielders David Murphy and David DeJesus 22
- Jenrry Mejia gets 162-game ban for second failed PED test 29
- Nationals, Phillies agree to Jonathan Papelbon trade 58
- The Hall of Fame just made a MAJOR change to the Hall of Fame voting process 73
- Royals make another big move, get Ben Zobrist from A’s 86
- And That Happened: Monday’s scores and highlights 49
- The Troy Tulowitzki trade might be the strangest deadline deal ever 40
- The MLBPA is considering withholding cooperation with ESPN, Fox over Colin Cowherd’s comments (157)
- The Cubs are in discussions with the Phillies on Cole Hamels (146)
- Colin Cowherd wonders how baseball can be considered “complicated” if Dominicans can understand it (129)
- Major League Baseball rips Colin Cowherd in an official statement (123)
- Settling the Scores: Wednesday’s results (106)