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.
- Video: Pablo Sandoval catches final out in foul territory, Giants win 2014 World Series 5
- Madison Bumgarner pitches the Giants to their third World Series win in five seasons 61
- Madison Bumgarner named World Series MVP … obviously 17
- Pablo Sandoval sets new postseason hits record 7
- There’s nothing better than a Game 7? Well, maybe there is. 23
- Report: Cubs hire Joe Maddon as manager 60
- World Series, Game 7: Giants vs. Royals lineups 3
- Remembering World Series Game 7s of the past 30 years 30
- A veteran says enough is enough when it comes to tributes for the soldiers (277)
- Jose Canseco shot his middle finger off (145)
- Shocker! Joe Maddon to opt out of his contract and leave the Rays (142)
- Oscar Taveras dies after car accident in the Dominican Republic (140)
- 10-0! The Royals romp, tie it up at three games a piece (109)