Posted October 05, 2012 on AP on Fox
Chris Iannetta and the Los Angeles Angels agreed Friday to a $15.55 million, three-year contract, a deal that keeps the catcher from becoming a free agent. The Angels announced the deal two days after they missed the playoffs for the third straight year. Iannetta's previous contract contained a $5 million club option for 2013 with a $500,000 buyout, but the deal said the option woild become mutual if he was traded, and Colorado dealt him to the Angels last Nov. 30 for right-hander Tyler Chatwood. The option price had escalated to $5.05 million. The new deal keeps the $5.05 million for 2013 and calls for salaries of $4,975,000 for 2014 and $5,525,000 for 2015. The contract includes up to $500,000 in performance bonuses based on starts at catcher for 2013: $100,000 each for 100, 110, 115, 120 and 125. There is $725,000 available in each of the following two seasons: $100,000 for 90 and $125,000 each for 100, 100, 115, 120 and 125. Iannetta provided solid defense and hit .240 ...
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