2001-2005 signing bonus: $10 million total
3/1/01 -- $1 million
12/1/01 -- $1 million
3/1/02 -- $1 million
12/1/02 -- $1 million
3/1/03 -- $1 million
12/1/03 -- $1 million
3/1/04 -- $1 million
12/1/04 -- $1 million
3/1/05 -- $1 million
12/1/05 -- $1 million
2001-2010 salaries: 10-year total guarantee $252 million*
2001: $21 million ($5 million deferred with 3% interest)
2002: $21 million ($4 million deferred with 3% interest)
2003: $21 million ($3 million deferred with 3% interest)
2004: $21 million ($3 million deferred with 3% interest)
2005: $25 million ($4 million deferred with 3% interest)
2006: $25 million ($4 million deferred with 3% interest)
2007: $27 million ($4 million deferred with 3% interest)
* Has right to void seasons 2008 thru 2010 of contract and become an unrestricted free agent following the 2007 season.
2008 season: $27 million ($3 million deferred with 3% interest)
At the end of 2008 season has the right to void seasons 2009 and 2010 and become an unrestricted free agent unless Rangers increase 2009 and 2010 salaries by the greater of $5 million or $1 million above the 10 largest salary of any position player.
2009 season: $27 million plus the greater of $5 million or $1 million above the then largest salary of any position player. ($3 million deferred with 3% interest)
2010 season: $27 million plus the greater of $5 million or $1 million above the then largest salary of any psition player. ($3 million deferred with 3% interest)
During the years 2001 thru 2004 base compensation of $23 million shall be increased $2 million above the highest average annual value of any shortstop in baseball.
Payment schedule for deferred salary
2011: $5 million plus interest
2012: $4 million plus interest
2013: $3 million plus interest
2014: $3 million plus interest
2015: $4 million plus interest
2016: $4 million plus interest
2017: $4 million plus interest
2018: $3 million plus interest
2019: $3 million plus interest
2020: $3 million plus interest
Award bonuses
MVP 1st time: $500,000
MVP 2nd time: $1 million
MVP 3rd and after: $1.5 million
MVP 2nd-5th: $200,000
MVP 6th-10th: $50,000
All-Star game selection: $100,000
Most votes in league for All-Star election: $100,000
BA/TSN/UPI/AP/USA Today MVP or Player of the Year: $100,000
World Series MVP: $200,000
LCS MVP: $150,000
Division Series MVP: $150,000
Gold Glove: $100,000
Silver Slugger: $100,000 | |
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