From Baseball America … it’s $15.067M not $15.67M
Four-year major league deal, $7.5 million bonus, $7.6 million in salaries (including pro-rated $400,000 salary for remainder of 2009), $15.1 million total guaranteed. Also various incentives based on big league award voting
His bonus is a million higher than the total Tim Beckham recieved as the 2008 #1 overall pick. He’ll make $400K for the rest of 2009 and $7.2 million over what appears to be the next four years (2010-2013). This gives him a known salary for his three pre-arbitration years and his first arbitration year.
5:50AM Update: It appears my initial question about what defines year one was valid. If year one is 2009, meaning he could play in September for the Nationals, then the four year contract actually would buy out just his pre-arbitration years (2010-2012 … assuming he stays on the 25-man roster practically the entire time). It’s an interesting nuance to the contract.
What it means is that he has the ability to go to arbitration with the Nationals after the 2013 & 2014 seasons if a longer term deal is not worked out.
The soonest he can become a free agent is after the 2015 season.
#1 by estuartj - August 18th, 2009 at 00:51
Any word on Pena?
What are the options on where he goes, I’m thinking he can still pitch in AFL if they want to send him?
From the team’s release;
“The Nationals feel strongly that Strasburg can make an immediate impact in their rotation, maybe joining the team’s Major League roster sometime in September.”
#2 by Brian Oliver - August 18th, 2009 at 00:51
Someone in the previous thread asked about Prior …
5 years/$10.5M (2002-06)
$4M signing bonus
02:$0.25M, 03:$0.65M, 04:$1.6M, 05:$2M, 06:$2M
may earn additional $0.75M in bonuses in 2005
2003 All Star selection increased 2004-06 salaries by $0.5M/season
additional $0.1M All Star bonus
Prior may void either of final 2 years (05-06) if he qualifies for arbitration after 2004 or 2005 seasons (exercised right to void final season (2006) of original contract 11/05 after qualifying for arbitration)
#3 by Brian Oliver - August 18th, 2009 at 00:52
estuartj – My guess is Strasburg heads to Florida for a week or so. Then goes to either Potomac or Harrisburg for a start or two before joining the Nationals in September
#4 by Brian Oliver - August 18th, 2009 at 00:52
Let’s hope he is on track for the final weekend with Harrisburg in Bowie (first weekend of September)
#5 by formerlylove - August 18th, 2009 at 01:08
dude can you like take over for chico and let him write about truffles and whatnot from now on
#6 by joeNatsfan - August 18th, 2009 at 01:30
Thanks Brian. I love your blog.
What the heck happened to Miguel Pena? I had read stories where he was quoted as saying he would sign. I guess it didn’t happen.
I posted a comment about Pena on a BA blog and Jim Callis wrote back and said that the Nats pushed him too hard and gave him one too many ultimatums. Is that what you hear?
#7 by ‘Nats fan in NJ - August 18th, 2009 at 05:19
Brian – Another excellent job. I really like this signing for both sides. Pena still blows my mind – don’t know what he was thinking. Now, if we can just get out of the #1 pick for next year, we won’t have to go through the ringer again with Harper!!
#8 by cjrugger - August 18th, 2009 at 07:12
Great Job last night
I agree with your take in the update. I think it starts this year, and runs through ‘12, with most likely 2 years of arb after that
#9 by VTBill - August 18th, 2009 at 07:39
This is a huge relief. I feel like we’ve been in limbo since HWSRN spurned us last August. In retrospect, I think that may have been the best thing to happen to the Nats. First…that clown still hasn’t signed….I’m thinking he’s a head case and I don’t want him in our locker room. Second, it forced the front office not to F up with Strasburg. If they didn’t have that debacle hanging over their head they may have handle things differently (meaning the way they handled to HWSRN signing.) Great job Brian….This is the best Nats info source available!