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.
Jan 30, 2015, 6:10 PM EST
The Red Sox are willing to trade reliever Edward Mujica, according to a report.
Jan 30, 2015, 5:11 PM EST
This is gonna turn some heads.
Jan 30, 2015, 4:55 PM EST
MLB has been suspending guys by the truckload lately.
Jan 30, 2015, 4:26 PM EST
He hit .293 with 21 homers and a .930 OPS in 102 games last season, topping 200 plate appearances for the first time at age 31.
Jan 30, 2015, 4:10 PM EST
A couple of pitchers who don’t profile well in a hitters’ environment for a couple of catchers who have shown a little at the plate. Advantage: Braves.
Jan 30, 2015, 3:49 PM EST
Ogando posted a 3.12 ERA in 381 innings from 2010-2013.
Jan 30, 2015, 3:07 PM EST
The lack of a DH and the health of Miguel Cabrera are the determining factors.
Jan 30, 2015, 1:04 PM EST
Baker has struggled to regain his form after missing all of 2012 following Tommy John elbow surgery.
Jan 30, 2015, 12:30 PM EST
And he’s not selling jeans here.
Jan 30, 2015, 12:19 PM EST
He’s back on the open market.
Jan 30, 2015, 11:21 AM EST
“Operation Foul Ball” was actually a thing.
Jan 30, 2015, 10:49 AM EST
Paulino was once a young power with lots of upside, but injuries have repeatedly derailed his career.
Jan 30, 2015, 10:20 AM EST
LaHair looks destined to go down as one of the least successful All-Stars of all time.
Jan 30, 2015, 9:57 AM EST
He’s entering the final year of his contract.
Jan 30, 2015, 9:18 AM EST
Must-click material from Jorge Arangure of Vice Sports
Jan 30, 2015, 8:43 AM EST
Even second tier relievers are in demand in the offseason.
Jan 30, 2015, 7:23 AM EST
I’ve heard of teams insulting players after they left, but never at their introductory press conference.
Jan 29, 2015, 10:50 PM EST
High-spending teams like the Yankees and Red Sox are among the favorites to sign Cuban infielder Yoan Moncada, but the Rays are also interested even if it’s fair to call them a long shot.
Jan 29, 2015, 9:21 PM EST
Beachy is currently 10 months removed from the second Tommy John surgery of his career.
Jan 29, 2015, 8:02 PM EST
Cotts compiled a 2.84 ERA in 131 appearances with the Rangers over the past two seasons.
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- Jayson Werth to serve five days in jail for reckless driving 47
- Keith Law’s top 100 prospects list is out 38
- Great Moments in Media Arrogance: Marshawn Lynch edition 173
- Nationals sign former Blue Jays closer Casey Janssen 11
- Ichiro Suzuki’s deal with the Marlins is worth $2 million 34
- Orioles acquire outfielder Travis Snider from Pirates 37
- Not so fast on the Bud Selig Hall of Fame talk 52
- Great Moments in Media Arrogance: Marshawn Lynch edition (173)
- Rob Manfred, new Major League Baseball commissioner, suggests ban on defensive shifts (118)
- Why “Deflategate” would never happen in baseball (96)
- The Yankees are going to try to get out of paying A-Rod his contract incentives (83)
- Rosenthal proposal: make relievers face more than one batter per appearance (72)