Michael Waka, 1+3 year contract… Guaranteed amount $26 million
The contract between Michael Waka (32) and the San Diego Padres was announced. It is a unique structure of ‘1 + 3 years’.메이저놀이터
‘Trade Rumors’ reported on the details of Waka’s contract on the 17th (Korean time).
It is a contract that includes both player options for the 2024, 2025 and 2026 seasons or team options for the 2024 and 2025 seasons in a one-year contract.
Waka will receive a $4 million salary in 2023 and a $3.5 million down payment.
If the club wants to sign a contract after the 2023 season, it can pay Waka $16 million each for the 2024 and 2025 seasons. It also includes conditions for receiving $500,000 each for 20 and 25 starts and $1 million for 30 starts in the 2023 season and the season when the team option runs.
If the team declines the option, a three-year, $18.5 million player option applies. The 4-year guarantee is $26 million.
Waka may declare free agency again after the 2023 season.
Waka started 23 games (127⅓ innings) for the Boston Red Sox last year, going 11-2 with a 3.32 ERA.
Waka, who made his debut with the St. Louis Cardinals in 2013, transferred to the New York Mets in 2020 and posted a career record of 74-50 with a 4.05 ERA through the Tampa Bay Rays and Boston. In 2015, he recorded 17 wins, his all-time record for most wins.
