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Zack Greinke’s deal with Dodgers could reach $158 million
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.
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