How Clayton Kershaw’s Contract Is Structured
LOS ANGELES – (CBSLA.com) - The Los Angeles Dodgers officially locked their ace through the 2020 season on Friday morning, making it the largest contract in MLB history.
Kershaw would have been eligible for free agency after the upcoming season if the new deal hadn’t been reached. He was eligible for salary arbitration, and those figures were set to be exchanged on Friday. He was coming off a two-year, $20 million deal that included $200,000 in bonuses in 2012, a $500,000 escalator to his 2013 base salary, and $300,000 in bonuses last year.
Below is how his contract is structured:
$18 million, payable in $6 million installments on April 15, July 15 and Sept. 15, 2014.
Cy Young 1st place–$1 million
Cy Young 2nd place–$500,000
Cy Young 3rd place–$500,000