I guess it's an "if you're good" clause for the team. 100 million over 7 years ain't bad.
The Japanese team get's a sum equal to 20% of the contract, or something. I wonder if that plays into this different contract structure.
Good luck Kikuchi!
I guess it's an "if you're good" clause for the team. 100 million over 7 years ain't bad.
The Japanese team get's a sum equal to 20% of the contract, or something. I wonder if that plays into this different contract structure.
Good luck Kikuchi!
I was off a little bit,
http://m.mlb.com/glossary/transactions/japanese-posting-system
• For Major League contracts with a total guaranteed value of $50,000,001 or more, the release fee will be 20 percent of the first $25 million plus 17.5 percent of next $25 million plus 15 percent of the total guaranteed value exceeding $50 million.
The Japanese team can get more if options are exercised.
Not to make too much of it. Sort of interesting tho.
I was off a little bit,
http://m.mlb.com/glossary/transactions/japanese-posting-system
> • For Major League contracts with a total guaranteed value of $50,000,001 or more, the release fee will be 20 percent of the first $25 million plus 17.5 percent of next $25 million plus 15 percent of the total guaranteed value exceeding $50 million.
The Japanese team can get more if options are exercised.
Not to make too much of it. Sort of interesting tho.
Never heard of a contract structured like that.
I hope it works for them. It is hard to believe they haven't been the playoffs since their amazing 116 win season.