Jan 20, 2012, 9:00 AM EDT
2012: $5.5 million
2013: $9.5 million
2014: $10 million
2015: $10 million
2016: $10 million
2017: $11 million
The deal was initially reported as a six-year, $60 million contract, but it turns out that $56 million is the actual guarantee. However, Wilson reports that Darvish can earn the additional four million through roster bonuses. The contract also includes a lump sum bonus if he wins the Cy Young Award. The Rangers are making an investment of nearly $108 million if you include the $51,703,411 posting fee that will be paid to Darvish’s old team, the Nippon Ham-Fighters.
Per Richard Durrett of ESPNDallas.com, Rangers general manager Jon Daniels said during a radio appearance Thursday morning that Darvish has two possible avenues to opt out of the final year of the contract:
1) If he wins the Cy Young in one year and finishes in the “top three or four” in the balloting in another of the first five years of the contract.
2) If he finishes second for Cy Young in one year and in the top three or four in the balloting in two additional years.
Those are some pretty lofty performance thresholds. But if Darvish somehow reaches them and opts out, it’s safe to say the Rangers would be pretty satisfied with the way things worked out.
Darvish is set to be officially introduced as a member of the Rangers during a press conference tonight at the Ballpark in Arlington.
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- 2015 MLB Trade Deadline Tracker 5
- Giants to acquire Mike Leake from Reds 26
- Astros acquire Carlos Gomez and Mike Fiers from Brewers 43
- Pirates bolster bullpen, pick up Joakim Soria from Tigers 11
- The extraordinarily odd, 13-player Dodgers-Marlins-Braves trade is done 62
- Blue Jays acquire David Price from the Tigers 111
- Both the Phillies and the Rangers did well in the Cole Hamels trade 73
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- The Cubs are in discussions with the Phillies on Cole Hamels (146)
- Major League Baseball rips Colin Cowherd in an official statement (123)
- Blue Jays acquire David Price from the Tigers (111)
- Rangers land ace left-hander Cole Hamels from Phillies (106)