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Jim Thome’s contract carries $250K in performance bonuses

Nov 6, 2011, 2:30 PM EDT

thome cap tip ap AP

The Phillies signed veteran slugger Jim Thome to a one-year contract on Friday. It carries a $1.25 million base salary, but the 41-year-old can earn another $250,000 through performance-based incentives.

According to Jerry Crasnick of ESPN.com, Thome will get $50,000 if he reaches 175 plate appearances, another $50,000 if he makes 200 plate appearances, and so on, and so on, up to 275 total PAs.

Thome has topped 320 plate appearances in 15 of his last 16 seasons, but all but three of those were played in the American League, where he could serve as the designated hitter. He won’t have that luxury in Philadelphia, and the Phillies have no plans to give him regular looks at first base.

  1. halladaysbiceps - Nov 6, 2011 at 4:17 PM

    This is interesting. I watched the press conference yesterday. Thome was specifically asked by Howard Eskin if there were any incentives in his contract. Thome stated unequivocally stated their were no incentives. Could Thome have not known the details of his own contract?

    • bleedgreen - Nov 6, 2011 at 5:33 PM

      Are these really ‘incentives’? Thome really has no control over his PA, so its not really an incentive. Theres escalators… but not incentives, if you wanna get technical about it.

      • halladaysbiceps - Nov 6, 2011 at 5:43 PM

        Maybe you’re right. I just hope Thome doesn’t need to use an escalator to move around this season.

    • schmedley69 - Nov 6, 2011 at 8:29 PM

      I watched the same press conference and remember him shrugging his shoulders and saying “he wasn’t sure” and then said that coming back wasn’t about money. I think you are way off that he “unequivocally stated their were no incentives.”

  2. dirtyharry1971 - Nov 6, 2011 at 6:08 PM

    i hope the phillies make more stupid moves like this one this winter.

    • halladaysbiceps - Nov 6, 2011 at 6:22 PM

      Hahahahahaha!! Dirty Sanchez always states the truth.

  3. paperlions - Nov 6, 2011 at 6:47 PM

    Performance-based incentives are not allowed in MLB contracts. Bonuses are allowed for playing time, All-Star Game appearances, or receiving awards (or placing in the voting for awards)….but players can’t receive bonuses for hitting a certain number of HRs, or striking out a certain number of guys or any other such thing.

  4. Francisco (FC) - Nov 7, 2011 at 9:09 AM

    Ruben Amaro heard the call of the fans and he responded; he’s resigned Jimmy! And a lot cheaper too… wait, not the Jimmy fans had in mind?

    BTW Anyone else has issues viewing the HBT site in Chrome? I recall DrMonkeyArmy having similar issues in the past.

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