Yu Darvish has been signed with the Rangers. Here's the breakdown
With 5 minutes left before the deadline to get him signed, agent Arn Tellem and the Texas Rangers agreed on a six-year, $56 million deal that sees $49 million of it guaranteed and the 2017 salary of $11 million a player option based on certain awards. According to Cot’s Contracts, that player option kicks in if 1) Darvish wins the Cy Young in 2012-16 or 2) 2nd in voting once in another season for 2012-16 and finishes 2nd-4th in two other seasons 2012-16.
To add, he gets a roster bonus of $800,000 annually if he stays off the DL. If he’s on the DL more than 30 days, the $800K is reduced by $5,228.75 per day starting on Day 31.
He gets some standard boilerplate award provisions, as well. Darvish gets $50,000 each for AL ROY, All-Star. $100,000 for Gold Glove, LCS MVP. $150,000 for World Series MVP, $250,000 ea for AL MVP or Cy Young ($200,000 if 2nd if either voting category, $150,000 for 3rd, $100,000 for ...
Found January 20, 2012 on
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