On the same day the Philadelphia Phillies sign Chan Ho Park, they decide to bring back Jaime “Slo-Mo” Moyer.
His contract was for 2 years, $13 million.
Naturally, this contract comes with incentives. Here’s how ESPN.com lists them:
“Moyer would earn $20 million over the two years if he pitches 190 innings and makes 31 starts each season.
He will receive base salaries of $6.5 million in each of the next two seasons, and he can make an additional $1.25 million in performance bonuses each year: $250,000 each for 150, 160, 170, 180 and 190 innings pitched.
In addition, his 2010 base can escalate by up to $4.5 million: $250,000 each for 150 innings and 23 starts, and $500,000 each for 160, 170, 180 and 190 innings, and 25, 27, 29 and 31 starts.”
Did I mention he has a limited no-trade clause to block off six teams? I’m sure the New York Mets are among them.
That’s a lot for a month about to be a half-century old.