The Milwaukee Brewers were busy even on their off day on Thursday. They became the latest team to sign a young player to a long-term deal, buying out a couple free agency-eligible seasons when they signed Yovani Gallardo to a five-year, $30.1 million deal.
The contract is the richest ever for a pitcher with two-plus years of Major League service time. Gallardo passes Jon Lester, who got a $30 million contract from the Boston Red Sox last year.
Gallardo will receive a slight increase for his 2010 salary as well as a $1.25 million signing bonus that will be paid out in three installments over the year.
The 24-year-old righty will see his pay increase to $3.25 million next season, $5.5 million in 2012, $7.75 million in 2013, and $11.25 million in 2014. There is a $13 million option for 2015 w ...
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Article written by Jesse Motiff
Milwaukee Brewers Sign Yovani Gallardo to a Long-Term Contract Extension
Posted: 8th April 2010 by Jesse Motiff in MLBComments Off on Milwaukee Brewers Sign Yovani Gallardo to a Long-Term Contract Extension