Dodgers, Greinke Reach Agreement On 6-Year/$147M Deal

LOS ANGELES ( 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.

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