The Dodgers on Friday made their contract official for outfielder Teoscar Hernández, signing the outfielder to at least one yr and $23.5 million.
Hernández, who made the All-Star staff in 2021 whereas with the Blue Jays, hit .258/.305/.435 with a 105 wRC+, 26 dwelling runs, and 29 doubles for the Mariners in 2023. He hit left-handed pitching . properly over his profession, hitting .275/.329/.557 with a 136 wRC+, together with .287/.307/.511 with seven dwelling runs and 11 doubles in 150 plate appearances final season with Seattle.
As reported on Sunday, Hernández will likely be paid $15 million in 2024, with the remaining $8.5 million unfold between 2030-39. He’ll obtain $850,000 each July 1 for these 10 years, per the Related Press.
By my tough calculation, which reduces the web current worth of the deal to about $20.43 million for the aim of the aggressive stability tax, utilizing 4.43 % because the low cost charge, the half-term federal charge in Part 1274(d) from October 2023, as referred to as. due to the collective settlement.
Deferrals are nothing new for Dodgers contracts, though Hernández is nowhere close to Shohei Ohtani's aim of deferring $680 of his $700 million over 10 years after his contract expires. . Hernández returned 36.2 % of his wage, corresponding to Mookie Betts (31.5 %) and Freddie Freeman (35.2 %), albeit much less.
Hernández can even earn as much as $4 million in bonuses this season, per a supply, together with $1 million for profitable a Silver Slugger, an award Hernández received in each 2020 and 2021 with Toronto.
He can even earn bonuses primarily based on MVP voting — $3 million for ending within the high 5, $2 million for ending sixth and Tenth, and $500,000 for ending eleventh by means of fifteenth. Every award bonus earned by Hernández will likely be paid on December 15, 2024.
Hernández completed eleventh within the 2020 American League MVP voting, receiving one ninth-place vote and 6 Tenth-place votes. His different yr receiving MVP votes was in 2021, when he was nineteenth within the AL with a single ninth-place vote.
Hernández takes one of many 40-man roster spots open Thursday when Michael Busch and Yency Almonte had been traded to the Cubs. The Dodgers now have 39 gamers on the 40-man roster, together with 17 place gamers and 22 pitchers.