by DK » Thu May 05, 2005 8:12 pm
OK, the exact wording:
the deal includes a Mutual Vesting Option for 2006 worth 6.5M or a 3M buyout- + 2006 option can vest at 10.5M if he has 600IP between 2003 and 2005 and with at least 200IP in 2005- + if he pitches between 580 and 600 innings between 2003 and 2005, with at least 200+IP in 2005 then the his contract for 2006 will vest at 9M with the oppurtunity to earn 1.5M in bonuses- + if he pitches between 560 and 600 innings between 2003 and 2005, with at least 200IP in 2005, then his 2006 salary would vest at 8M with the oppurtunity to earn 2.5M in bonuses- + if none of the above veting options are achieved the two sides can exercise the Mutual Option worth 6.5M by Nov. 1st, 2005- + if he exercises the Mutual Option, then the team must make its decision by Nov. 10th, 2005- + if the Mutual Option is exercised by both sides then he has the oppurtunity to earn 4M in bonuses in 2006- + BONUSES he has received: 50K bonus for 2004 All-Star selection- + he has a complete NO-TRADE clause
Agent: Gregg Clifton
