The Dodgers signed the 29 year old Greinke to 6 year deal worth approximately $147 million according to ESPN . That works out to an average of $24.5 million a season.
The $147 million is the largest contract given to a right handed pitcher, narrowly beating out Cole Hamels $144 million extension with the Philadelphia Phillies. The largest contract given to a pitcher belongs to New York Yankees CC Sabathia, who signed a $161 million contract back in 2009.
The contract doesn’t include a no-trade clause, but does come with the provision that if he is traded, he as the right to opt-out after the first year.
Grienke split last season with the Milwaukee Brewers and Los Angeles Angels. He compiled a 15-5 record with a 3.48 ERA and 200 strikeouts.
It appears that Greinke lowered his price to $147 million in the past 36 hours.
The Dodgers may end up having two of the most expensive pitchers in baseball. Clayton Kershaw is entering the 2nd year of a two year deal worth $19 million. Dylan Hernandez of the LA Times wonders if Kershaw could become the first pitcher to make $30 million a year.
Kershaw is five years younger than Greinke, and is considered a better pitcher.
So after locking up Greinke and Hyun-Jin Ryu, the Dodgers will turn their attention to Kershaw and a long-term contract extension in the near future.
“As we get through the next few weeks, we’ll look into that and see what we can do,” General Manager Ned Colletti said.
Colletti believes the money is there to get a deal done for Kershaw, who in August said he’d be willing to talk extension over the winter.
“Yeah, sure, I’m always open to talks,” Kershaw said at the time. “I’ve had a great time here. I love the guys and I love everything about L.A.”
Kershaw has one year of arbitration left before becoming a free agent. The Dodgers could hope to get him for less money by offering him long term security this off-season.