Dodgers, Greinke Reach Agreement On 6-Year/$147M Deal
LOS ANGELES (CBSLA.com) Ever since Magic Johnson and Guggenheim Partners took control over the Los Angeles Dodgers, they have been unloading cash like there is no tomorrow.
Saturday afternoon, CBS2/KCAL9 Sports Director has confirmed that the Los Angeles Dodgers have reached agreement to sign the 2009 Cy-Young winner, Zack Greinke.
The contract is a six-year deal worth $147 million(avg. of $24.5/Yr.).
When Greinke completes the deal, pending physical, it will break CC Sabathia’s 7-year/$161 million (avg. of $23M/Yr.) deal that he signed with the New York Yankees in 2009.
“Best 1-2 combo in baseball! Kershaw/ Greinke in my opinion,” said Dodgers first baseman Adrian Gonzalez on twitter.
Greinke will make $17 million in 2013 with a one-time signing bonus at $12 million, making it a whopping $29 million that he’ll earn in 2013.
$24 million in 2014, $23 million in 2015, $24 million in 2016, $23 million in 2017, and $24 million in 2018, according to ESPN.
The Angels had a priority in keeping Greinke in Anaheim, but at the end of November the Dodgers made it known to the league that they were prepare to give the right-hander a record-breaking deal, something the Angels did not want to mess with.
Greinke will be the projected number two starter behind the 2011 Cy-Young winner Clayton Kersahw, who will be a free agent by the end of the 2014 season.
The Dodgers will now have the largest player payroll committed for the 2013 season at around $239 million, making it the largest payroll in the history of Major League Baseball.