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Contracts Newsbeat

Monday, January 14, 2019

MLB free agency: Swellopt is the latest victory for mlb owners | SI.com

Arrieta signed a three-year, $75 million contract before the 2018 season, with the Phillies retaining the option, after 2019, to add 2020 and 2021 to the deal. Kikuchi signed a four-year, $56 million deal earlier this month that allows the Mariners, after 2021, to tack on 2023, 2024, and 2025 for an extra $53 million total.

Scott Boras, the agent who negotiated all three deals, calls it a “swellopt.” He unpacked the etymology for Ken Rosenthal: “For the club, if the player performs well, the club can opt in (contract swells). For the player, if the club doesn’t opt in, the player has the choice to continue with contract (swell) or opt out. It’s a swell option for both.” A contractual provision by any other name would swell as… well, you get it.

Jim Furtado Posted: January 14, 2019 at 11:35 AM | 0 comment(s)
  Beats: contracts, free agency

Saturday, January 12, 2019

Reds agree with newly acquired Puig on $9.7 million contract

CINCINNATI (AP) — The Cincinnati Reds avoided arbitration with Yasiel Puig, agreeing with the newly acquired outfielder on a $9.7 million contract for 2019.

You know, this is rather disappointing, after everything claimed about Puig in the popular press.

QLE Posted: January 12, 2019 at 08:06 AM | 4 comment(s)
  Beats: contracts, reds, yasiel puig

Wednesday, September 19, 2018

Dodgers president on Clayton Kershaw’s contract: ‘We expect to work together for a long time’

There are a lot of questions about the Los Angeles Dodgers as we head into the final week of the regular season. Can they win the NL West? If not, can they secure a wild-card spot? Are they a good enough team to sneak into the playoffs, get hot and go on a run?

There’s a bigger question hovering around these Dodgers, though, one that’s been there all season and that, in the grand scheme of things, might be even bigger than a wild-card berth.

What’s going to happen with Clayton Kershaw? The Dodgers’ ace, who is in the middle of a seven-year, $215 million contract, can opt out of it after this season. He could hit the open market for the first time in his baseball career and see what it’s like to be wooed by someone not wearing blue. Or he can decide he wants a new contract with the Dodgers. Or he can say, “I’m happy making ~$35 million each of the next two seasons.”

The link includes a link to an interview with Andrew Friedman, for those who wish to hear it.

QLE Posted: September 19, 2018 at 10:51 AM | 0 comment(s)
  Beats: andrew friedman, clayton kershaw, contracts, dodgers

 

 

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