Rich Hill could earn $12.5M from Twins, Homer Bailey $8M
MINNEAPOLIS (AP) — Rich Hill can earn $9.5 million in performance bonuses in his contract with the Minnesota Twins and Homer Bailey can earn $1 million.
Minnesota announced the one-year deals with the pitchers on Dec. 31. Hill was guaranteed $3 million and Bailey $7 million.
Hill's bonuses are based on starts or innings: $1 million each for five starts or 25 innings, seven or 35 and nine or 45, $1.5 million for 11 or 55, $2 million for 13 or 65 and $3 million for 15 or 75.
Bailey would get $333,333 each for 150 and 165 innings, and $333,334 for 185.
Both have identical awards bonuses: $100,000 for winning the Cy Young Award, $75,000 for finishing second in voting, $50,000 for third and $25,000 for fourth through sixth. He also would get $25,000 for making the All-Star team and winning a Gold Glove, $50,000 for League Championship Series MVP and $100,000 for World Series MVP.
A 33-year-old right-hander, Bailey was 13-9 with a 4.57 ERA last year for Kansas City and Oakland, which acquired him in July. He is 80-86 with a 4.57 ERA in 13 big league seasons. He is coming off a $105 million, six-year contract he signed with Cincinnati.
Hill, a left-hander who turns 40 in March, was 4-1 with a 2.45 ERA in 13 starts last season for the Los Angeles Dodgers, completing a $48 million, three-year contract. He missed about two months with a left forearm strain.
He is recovering from left elbow surgery and is likely to miss the first half of next season. Hill is 65-42 in 15 big league seasons.