Monday, April 26, 2010
Zobrist's salary rises to $4.5M in 2011
ST. PETERSBURG, Fla. -- Tampa Bay's Ben Zobrist gets a $561,900 signing bonus as part of a three-year contract extension that guarantees him $18 million for 2010-13.
The utilityman is making $438,100 this season under a one-year contract agreed to in March. The extension announced Friday adds salaries of $4.5 million in both 2011 and 2012 and $5.5 million in 2013.
Tampa Bay has a $7 million club option for 2014 with a $2.5 million buyout. If that is exercised, the Rays can exercise a $7.5 million club option for 2015 with a $500,000 buyout. The 2015 option can escalate depending on finish in MVP voting from 2010-14.
Zobrist would get a $750,000 assignment bonus if traded before the end of the 2011 season and a $500,000 assignment bonus if traded after the 2011 season but before the end of the 2013 season. For the remainder of the contract, the assignment bonus would be $250,000.