Thursday, November 29, 2012

 

Yankees sign Mariano Rivera to one year deal

.
11/29/12, "Yankees sign Mariano Rivera to one year deal, Russell Martin to Pirates," 
Tireball.com, John Boarman

"Enter Sandman. Mariano Rivera will continue to pitch and he will do so for the New York Yankees. Baseball’s all time saves leader and perhaps the most dominating relief pitcher in baseball history has reached a one year deal worth $10 million.

According to Jon Heyman of CBSSports the deal has incentives which could make the total payout to Rivera even higher. Rivera turned 43 on Thursday.

The guaranteed $10 million is a paycut from the $15 million he made in 2012. Rivera tore his right ACL and missed most of 2012, he is expected to be ready for the start of spring training.

While the Yankees re-signed their closer they appear to be on the verge of losing catcher Russell Martin. Ken Rosenthal reports that the Pittsburgh Pirates have signed the 29 year-old backstop to a two year deal worth $17 million."

---------------------------------------------------------

The Yankees don't usually give incentives for awards, and I don't believe previous Rivera contracts have ever contained such incentives. He has won the 3 awards listed below in the past but not all in one year (ALCS MVP in 2003, World Series MVP in 1999, and Rolaids in several different years):

11/30/12, "He can earn an additional $500,000 if he is MVP of the league championship series, $1 million if he is MVP of the World Series and $1 million if he wins the Rolaids Relief Award."

"One Mo time: Mariano Rivera, New York Yankees finalize $10 million, 1-year deal," AP via Washington Post


----------------------------------------------------

Happy Birthday, Mo, and welcome back.

Comments: Post a Comment



<< Home

This page is powered by Blogger. Isn't yours?