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.
20% is significant. For the life of the contract? That's a lot of cash.