Dec 14, 2012, 12:46 PM EST
Zack Greinke‘s six-year, $147 million deal with the Dodgers includes a clause that allows him to opt out following the 2015 season and Dylan Hernandez of the Los Angeles Times reports that the contract also has some sizable incentives built in:
Greinke’s base salary in 2018 will increase to $26 million if he pitches 1,000 innings in his first five years of the contract.
If Greinke wins a Cy Young Award, his base salary will increase by $1 million the following season. If he doesn’t win the award but finishes in the top five in voting, his base salary will increase by $500,000 the next season.
If Greinke wins the Cy Young Award in 2018, he will receive a $1 million bonus. If he doesn’t win the award but finishes in the top five in voting that season, he will be paid a $500,000 bonus.
Greinke will also receive a $3 million bonus if he is traded.
Obviously he’s not going to win six consecutive Cy Young awards, but winning one is certainly possible and finishing among the top five vote-getters is definitely doable in multiple seasons. Reaching enough incentives to bump the total value of the contract past $150 million seems likely, although if Greinke is pitching well enough to win Cy Young awards opting out after three years to get another huge long-term deal will probably make financial sense anyway.
Dec 29, 2014, 12:08 AM EST
The Diamondbacks ensured they would have infield versatility in 2015, avoiding arbitration with Cliff Pennington for $3.275 million.
Dec 28, 2014, 8:10 PM EST
The Indians would like to trade Nick Swisher but he’s owed a lot of money over the next two seasons, which complicates things.
Dec 28, 2014, 6:05 PM EST
Cardinals manager Mike Matheny will likely bat Jason Heyward second behind Matt Carpenter to begin the 2015 season.
Dec 28, 2014, 3:02 PM EST
There was some talk of this at the Winter Meetings and now Nick Cafardo of the Boston Globe says doctors have confirmed it: Dan Uggla played through an undiagnosed concussion during the 2014 season.
Dec 28, 2014, 12:14 PM EST
Jason Motte joined MLB Network’s “Hot Stove” last week to discuss signing with the rival Cubs …
Dec 28, 2014, 9:21 AM EST
Brendan Kennedy of the Toronto Star reports that Japanese infielder Takashi Toritani — a Scott Boras client — is currently “mulling offers” from the Blue Jays and Padres. Toritani is an unrestricted free agent, so it won’t require a posting fee to sign him.
Dec 27, 2014, 8:48 PM EST
Derek Jeter may have helped Penn State squeak out a victory over Boston College in the Pinstripe Bowl on Saturday.
Dec 27, 2014, 7:10 PM EST
Heath Bell is looking to hang on with the Nationals in 2015, and he’ll earn at least $1 million.
Dec 27, 2014, 6:05 PM EST
The Brett Anderson signing should become official at some point next week, at long last.
Dec 27, 2014, 5:20 PM EST
Opening Day is 100 days away, but with the unusually mild weather in the New York area, they could really be playing some baseball right now.
Dec 27, 2014, 4:40 PM EST
Cubs shortstop Starlin Castro was reportedly detained for questioning by authorities in the Dominican Republic on Saturday in connection with a nightclub shooting that injured six people.
Dec 27, 2014, 3:45 PM EST
David Ross recently took Rob Bradford of WEEI.com behind the scenes of how he landed a two-year, $5 million contract with the Cubs.
Dec 27, 2014, 11:01 AM EST
The Giants finalized their new two-year, $24 million contract with Jake Peavy this week.
Dec 27, 2014, 8:59 AM EST
Macko worked for the Rangers for over 40 years.
Dec 26, 2014, 10:25 PM EST
The Braves’ one-year deal with catcher A.J. Pierzynski is for $2 million.
Dec 26, 2014, 9:20 PM EST
Rafael Furcal has suffered another injury, this time a torn hamstring which will keep him out of the Dominican Winter League playoffs.
Dec 26, 2014, 8:03 PM EST
If Wandy Rodriguez passes his physical, the Phillies are expected to sign him to a minor league deal.
Dec 26, 2014, 7:10 PM EST
Jeff Manship will begin the spring with the Indians after signing a minor league deal.
Dec 26, 2014, 6:05 PM EST
According to Peter Gammons, some GMs think the Giants will eventually trade for Ben Zobrist.
Dec 26, 2014, 3:49 PM EST
After seven years in the United States, Hiroki Kuroda is heading home.
- Cliff Pennington avoids arbitration, agrees to $3.275 million deal with D’Backs 3
- Dan Uggla played through undiagnosed concussion in 2014 26
- The aura of Derek Jeter was present at the Pinstripe Bowl 44
- UPDATE: Starlin Castro free after being questioned about shooting in Dominican Republic 62
- Report: Hiroki Kuroda is going back to Japan 26
- Merry Christmas from HBT! 74
- THE YEAR IN REVIEW: HBT’s most commented-upon stories of the year 86
- The Yankees are treating Alex Rodriguez differently than they treated Derek Jeter. So what? 40