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Friday, February 14, 2020

Dodgers pay Maeda $1M trade bonus as part of trade to Twins

NEW YORK (AP) — The Los Angeles Dodgers agreed to pay Kenta Maeda’s $1 million assignment bonus as part of their trade of the pitcher to the Minnesota Twins.

Los Angeles also agreed to pay the Twins $3 million to cover part of Maeda’s salary and reimburse Minnesota for up to $7 million of his earned bonuses, according to information obtained by The Associated Press.

Meada’s maximum cost to the Twins would be $3,713,500 this year if he earns $13.15 million, his total if he reaches all his roster and performance and bonus levels. His maximum to Minnesota would be $12,586,500 in 2021 and $13.15 million in both 2022 and ’23, a total exposure to the Twins of $42.6 million.

Los Angeles will pay $2,436,500 this year split into in 12 installments on the 15th and last day of each month from April through September. The first four installments are $203,041.66 and the last eight $203,041.67.

We’ve discussed the financials of this trade as it relates to Boston- here are aspects to it as it relates to the Twins.

 

QLE Posted: February 14, 2020 at 01:11 AM | 0 comment(s) Login to Bookmark
  Tags: dollah dollah bills, y'all, kenta maeda, twins

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