Ortiz Extended

$16M guaranteed for 2015, with a vesting option for 2016 based on plate appearances in 2015 as follows (taken from WEEI):

425 plate appearances – $11 million
475 plate appearances – $12 million
525 plate appearances – $13 million
550 plate appearances – $14 million
575 plate appearances – $15 million
600 plate appearances – $16 million

If Ortiz does not reach even the 425 PA threshold, there is a team option for 2016 at $10 million.

There is a team option for 2017. It’s scaled the same way the vesting option is for 2016, but the team has final say on whether they take on his contract in 2017 or not. That is to say: Ortiz will be paid by the Red Sox in 2016 no matter what as long as he reaches 425 plate appearances in 2015, but might not be in 2017 even if he reaches 425 plate appearances in 2016 since it’s a team option rather than a vesting option.

In any case, Ortiz is essentially guaranteed to end his career in a Red Sox uniform (he will turn 42 after the 2017 season ends). Consider this fan happy that the deal is done, is non-exorbitant, and we won’t have to hear much about this issue for another year and change.

5 comments… add one

  • Sox got off cheap, after what Detroit gave Miggy.

    attackgerbil March 28, 2014, 2:00 pm
  • Ilitch really wants to see that championship before he dies, huh?

    Devine March 28, 2014, 2:53 pm
  • > Win .. before he dies

    I applaud that Ilitch is not trying to take it with him to get better seats, especially since have you eaten his pizza? GIVE SOMETHING BACK! I just don’t know if Jon Heymann http://www.cbssports.com/mlb/writer/jon-heyman/24504279/cabreras-record-contract-for-292-million-isnt-as-crazy-as-it-seems is being sarcastic or ironic. Anybody who has been bored must have done a comp of Cabrera and Alex Rodriguez at age 31. Let’s talk ten-years.

    attackgerbil March 28, 2014, 11:30 pm
  • ARod, Robi, Cabrera, Trout all have to climb fish ladders.

    attackgerbil March 28, 2014, 11:33 pm
  • Heymann’s awkward phrase in that article “They have lived through the best and less with Cabrera” reflects his side-stepping the assertion that they have lived through the worst with Cabrera, which should be rolling in around years 5 – 10 or even 12 of this deal…

    IronHorse - YF March 31, 2014, 6:22 am

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