On Thursday, the Boston Red Sox signed RHP Nathan Eovaldi to a four-year, $68 million deal through the 2022 season. The specific details of that contract were not announced at the time the club made the signing public, but that changed on Friday night thanks in part to Fancred’s Jon Heyman:
As it turns out, the average annual value of Eovaldi’s new contract, $17 million, will actually be how much he earns per season, presumably before taxes.
On top of that, Heyman reported that the right-hander would receive signing bonuses of $50,000 for potential All-Star team selections, third place finishes in MVP and Cy Young Award voting, and League Championship Series appearances/MVP selections.
Eovaldi would also receive bonuses of $75,000 for finishing as the runner-up in MVP and Cy Young Award voting.
And finally, if the Houston native wins himself another World Series or is named MVP or the Cy Young Award winner, he will receive signing bonuses of up to $100,000.
Looking ahead to Boston’s 2019 payroll, which will undoubtedly be the most expensive in all of baseball again, it looks like Eovaldi will earn the fourth most on the team behind David Price ($31M), JD Martinez ($23.7M), and Rick Porcello ($21M).