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Nick Markakis signs a big 6-year deal with the Orioles
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by Robert Sutherland | January 21, 2009 at 04:59 pm
257 views | 4 Recommendations | 2 comments
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The Baltimore Orioles and right fielder Nick Markakis agred to a 6-year $66.1 million dollar deal. Markakis, a 25 year old slugger, has some really nice bonuses coming his way with this deal.
His deal calls for a $2.1 million signing bonus: $1 million payable upon approval and $1.1 million in April 2010.
Markakis gets $3 million this season, $6.75 million in 2010, $10.25 million in 2011, $12 million in 2012 and $15 million each in 2013 and 2014.
The deal includes a $17.5 million mutual option for 2015. He would get a $2 million buyout if the club declines but no buyout if he turns it down - which would reduce the total value of the agreement to $64.1 million.
Where do they get all this money in the MLB?
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Most RecentMost Recommended Comments (2)
at 17:40 on January 21st, 2009
Photo: Avraham Bank http://flickr.com/photos/avrahambank
at 21:16 on January 21st, 2009
a good deal if Markakis can keep improving. i like how it's heavily weighted at the end when he should be in his prime.
who know where the money will come from in 2013? i doubt even the club knows!