Here are the contract details on three of the newest Mariners, courtesy of MLB.com's Greg Johns..
- Catcher Miguel Olivo's two year contract includes a team option for 2013. The veteran will make $2.75 this season, $3.5MM in 2012, and will receive a $750K buyout if his option is not picked up, bringing his guaranteed total to $7MM. If the M's pick up his option in '13, Olivo will earn a base of $3MM that could rise to as much as $3.75MM based on how much he plays in '11 and '12.
- Infielder Adam Kennedy will make $750K if he makes the big league roster. The 35-year-old's contract includes playing-time bonuses that start kicking in at $50K for 350 plate appearances. He could as much as $450K if he reaches 600 plate appearances.
- Catcher Josh Bard will also earn $750K if he makes the major league squad. Bard's bonuses begin at 300 plate appearances and could reach $250K for 500 plate appearances.
- Both Bard and Kennedy can exercise an out clause if they're not on the major league roster by the end of March.
jdkladsjl
I feel bad for Mariner fans :/
Eric
M’s fans just have to sit tight for 2011. It will be a year of adjustment for baseball in the Pacific Northwest. On the bright side, the 2011-2012 off-season will bring financial flexibility. Bradley (12M), Wilson (5M), money to the Cubs for Silva (5.5M), and money to the Royals for Betancourt (1M). That’s 23.5M in wasted player payroll.
Joel Flory
It’s going to take a whole lot more than money to make them competitive. You do remember that they were the first ever 100 loss team with a 100+mil payroll.
Miles
Yes, it will take a whole bunch. In the meantime, Zduriencik turned trio of middling prospects into Cliff Lee who was turned into Smoak, Beavins, Lueke and someone else. The M’s will have a few kids on their roster this year that should be ready. The minor league system is starting to get full. There are a lot of good things to look forward to as an M’s fan. The thing that we aren’t having to deal with yet is Bavasi giving 5 years to Beltre, 4 years to Sexson, 4 years to Silva, 3 years to Washburn… and on and on.
J.R. Caines
They are two full years removed from that team, and one of those years where above .500. That fact really has nothing to do with anything involving the current team of the outlook for the future.
scott4
Actually, the future looks very bright for the M’s. ‘m not talking about ’11, but ’12, ’13, and beyond. The farm system has turned the corner and the M’s Latin American scouting team is outshining everyone with the players they have brought on the last 2 years.
PennMariner
You do remember that the person to spend the 100+ million was Bill Bavasi.
$3081341
The more we win, the more F.A.’s will wanna come here. Imagine all those contracts + a trade or 2 for some prospects.
raffish
And another high draft pick or two.