Apr 16, 2012, 9:00 PM EDT
The deal has two different structures, but this breakdown is assuming the 22-year-old left-hander doesn’t reach Super Two status this offseason:
2014: $3.75 million
2015: $6.75 million
2016: $9.75 million
2017: $11.5 million
The deal includes a $1 million signing bonus and a $1.5 million buyout on either option, so he is guaranteed $35 million over the life of the contract. That’s a record commitment for a pitcher with between one and two years of service time. He would be guaranteed $40 million if he qualifies as Super Two this winter, though that scenario appears unlikely at the moment.
The option years are worth $12 million each and include escalators. The first option will be guaranteed if Bumgarner throws 200 innings in 2017 or 400 innings between 2016-17. If he finishes in the top three of the Cy Young at any time, both options are $14 million. If he wins a Cy Young award, both options become $16 million.
Bumgarner could make a total of $70.5 million if he becomes a Super Two player this winter and maxes out on the two option years, but if it happens, chances are the Giants will be pretty pleased with the whole thing.
The contract also includes a limited no-trade clause which allows Bumgarner to pick eight teams each year where he cannot be dealt.
- The Yankees, A-Rod resolve their dispute over the $6 million milestone bonus 22
- Yankees donate $150,000 to charity to get Alex Rodriguez his 3,000th hit ball 15
- Mike Scioscia says Josh Hamilton should apologize to Angels owner Arte Moreno 78
- Settling the Scores: Thursday’s results 53
- Breaking: Cardinals fire their scouting director, likely due to the Astros hacking scandal 61
- Bryce Harper is naked in ESPN’s “Body Issue” 54
- Today is the day: Marlins ace Jose Fernandez returns from Tommy John surgery 4
- A-Rod, the Yankees and the union in talks to direct his $6 million home run bonus to charity 29
- With the same-sex marriage decision, the San Francisco Giants get another big win (280)
- Settling the Scores: Sunday’s results (99)
- What Yasiel Puig being a pain in the butt means. And what it doesn’t mean. (78)
- Mike Scioscia says Josh Hamilton should apologize to Angels owner Arte Moreno (78)
- Report: Jerry Dipoto “definitely out” as Angels GM (77)