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Apr
08

Yovani Gallardo and Brewers agree to 5 year $30.1 million deal

By Allan

4/8 13:40: Jon Heyman of Sports Illustrated says taht Gallardo can void the 2015 club option if he can get six points on the Cy Young voting system (5 points for winning Cy Young, 3 point for second place and 1 point for third place.

4/8 12:06: According to the Associated Press via Tom Haudricourt of the Journal Sentinel, the Milwaukee Brewers and pitcher Yovani Gallardo have agreed to a new five-year, $30.1 million deal. The deal amy reach as high as $42.5 million with the 2015 option year.

Year Amount
Signing bonus $1.25 million signing bonus, with $500,000 paid when the contract is approved by MLB, $500,000 on July 15 and $250,000 on Nov. 15.
2010 $500,000 (instead of his original $450,000)
2011 $3.25 million
2012 $5.5 million
2013 $7.75 million
2014 $11.25 million
2015 (club  option) $13 million with $600,000 buyout (he can opt out if he accumulates enough point based on the Cy Young point system prior to 2015

Gallardo, 24, has a career 22-18 record with a 3.58 ERA in 4 seasons with the Brewers (he’s 0-1 with a 3.86 ERA in 2010). You can see Gallardo’s statistics here.

Categories : Top Stories, contract