THE fukk? 6 years 144 million. Insane
Dodgers To Sign Zack Greinke
By Mike Axisa [December 8, 2012 at 8:48pm CST]
8:48pm: ESPN's Jim Bowden has the contract breakdown (on Twitter). Greinke will receive a $12M signing bonus with a $17MM salary in 2013, $24MM in 2014, $23MM in 2015, $24MM in 2016, $23MM in 2017, and $24MM in 2018. Because he was traded at midseason, Greinke was not eligible to receive a qualifying offer and will not require draft pick compensation.
7:57pm: Zack Greinke is headed back to Los Angeles, but he won't be re-signing with the Angels. The right-hander has agreed to a six-year contract worth $147MM with the Dodgers according Gina Miller of TXA21 (Twitter links). Greinke is represented by Casey Close of Excel Sports Management and the contract is still pending a physical.
Uspw_6497586Greinke, 29, was the free agent market's top pitcher and top overall player according to MLBTR's Tim Dierkes. The Angels and Rangers were among his suitors. The 2009 AL Cy Young Award winner pitched to a 3.48 ERA with 8.5 K/9 and 2.3 BB/9 in 212 1/3 innings split between the Brewers and Angels in 2012, his fourth 200+ inning season in the last five years. Tim predicted Greinke would re-sign with the Halos. Check out where you rank in our Free Agent Prediction Contest.
Greinke's deal smashes Matt Cain's record for the largest contract given to a right-handed pitcher in baseball history. Cain signed a five-year, $112.5MM pact with the Giants earlier this year. Greinke's contract is comparable to the six-year, $144MM deal given to Cole Hamels by the Phillies this summer. It's worth noting that neither Cain nor Hamels were free agents at the time of their deals. Greinke's $24.5MM average annual value is the new record for a pitcher on a multi-year contract, surpassing CC Sabathia's $24.4MM average annual salary with the Yankees.
The Dodgers have become baseball's biggest spender since Guggenheim Baseball Management purchased the team from Frank McCourt for more than $2 billion back in March. They absorbed over $300MM in payroll obligation in July and August alone, most of which came from their blockbuster with the Red Sox. Los Angeles will become the first ever NL team with a $200MM+ payroll this year and they figure to boast the largest payroll in MLB history. They will also be the first team ever with four players making $20MM+ annually (Greinke, Adrian Gonzalez, Carl Crawford, Matt Kemp).
Read more at Dodgers To Sign Zack Greinke: MLB Rumors - MLBTradeRumors.com
Dodgers To Sign Zack Greinke
By Mike Axisa [December 8, 2012 at 8:48pm CST]
8:48pm: ESPN's Jim Bowden has the contract breakdown (on Twitter). Greinke will receive a $12M signing bonus with a $17MM salary in 2013, $24MM in 2014, $23MM in 2015, $24MM in 2016, $23MM in 2017, and $24MM in 2018. Because he was traded at midseason, Greinke was not eligible to receive a qualifying offer and will not require draft pick compensation.
7:57pm: Zack Greinke is headed back to Los Angeles, but he won't be re-signing with the Angels. The right-hander has agreed to a six-year contract worth $147MM with the Dodgers according Gina Miller of TXA21 (Twitter links). Greinke is represented by Casey Close of Excel Sports Management and the contract is still pending a physical.
Uspw_6497586Greinke, 29, was the free agent market's top pitcher and top overall player according to MLBTR's Tim Dierkes. The Angels and Rangers were among his suitors. The 2009 AL Cy Young Award winner pitched to a 3.48 ERA with 8.5 K/9 and 2.3 BB/9 in 212 1/3 innings split between the Brewers and Angels in 2012, his fourth 200+ inning season in the last five years. Tim predicted Greinke would re-sign with the Halos. Check out where you rank in our Free Agent Prediction Contest.
Greinke's deal smashes Matt Cain's record for the largest contract given to a right-handed pitcher in baseball history. Cain signed a five-year, $112.5MM pact with the Giants earlier this year. Greinke's contract is comparable to the six-year, $144MM deal given to Cole Hamels by the Phillies this summer. It's worth noting that neither Cain nor Hamels were free agents at the time of their deals. Greinke's $24.5MM average annual value is the new record for a pitcher on a multi-year contract, surpassing CC Sabathia's $24.4MM average annual salary with the Yankees.
The Dodgers have become baseball's biggest spender since Guggenheim Baseball Management purchased the team from Frank McCourt for more than $2 billion back in March. They absorbed over $300MM in payroll obligation in July and August alone, most of which came from their blockbuster with the Red Sox. Los Angeles will become the first ever NL team with a $200MM+ payroll this year and they figure to boast the largest payroll in MLB history. They will also be the first team ever with four players making $20MM+ annually (Greinke, Adrian Gonzalez, Carl Crawford, Matt Kemp).
Read more at Dodgers To Sign Zack Greinke: MLB Rumors - MLBTradeRumors.com
