The Dodgers on Monday made official their one-year cope with pitcher James Paxton, signing the veteran left-hander to an $11 million contract by way of 2024.
Paxton is getting a $3 million signing bonus and an $8 million wage, per Ronald Blum of the Related Press, who additionally reported particulars of doubtless as much as $2 million in bonuses:
He would obtain a $1 million bonus if he’s on the opening day lively roster, and if Paxton doesn’t earn that bonus he might set off a $500,000 bonus if he’s on the lively roster by the fifteenth 'April.
Paxton can earn $1 million in efficiency bonuses for the begins: $250,000 every for 16 and 18, and $500,000 for 20.
Paxton has a protracted harm historical past, together with a hamstring pressure and a knee harm that restricted him to only 19 begins for the Purple Sox in 2023, which was his first time on the mound after Tommy John surgical procedure in April 2021. He had a 4.50 ERA and three.77 xERA in 19 begins.
In his first 16 begins final season, Paxton had a 3.34 ERA and 4.08 FIP, with basically the identical strikeout charge (26.3 %) and stroll charge (6.5 %) because the eventual winner of the American League Cy Younger Award winner Gerrit Cole (26.6, 6.7). However that's the place the knee issues began, after Paxton allowed 17 runs in 9⅔ innings over his final three begins earlier than ending his season, together with giving up 4 runs and 5 walks towards the Dodgers on Jan. 26. August whereas being kicked out of the sport within the recreation. fifth inning.
Paxton, now 35, offers the Dodgers a fourth left-handed pitcher on the 40-man roster, together with swingman Ryan Yarbrough plus relievers Caleb Ferguson and Alex Vesia.
Paxton will put on uniform 65 with Los Angeles.
The Dodgers this offseason signed or traded for eight gamers, including a complete of $1.22 billion in assured wage. Most of that was within the report contracts signed by Japanese stars Shohei Ohtani and Yoshinobu Yamamoto, however the different six gamers added $82.6 million in 2024 wage alone and $196 million general, asserting the 'complete additions of the final season of $ 64.3 million that had been fed. from one-year contracts.
With 26 gamers below contract, the Dodgers' 2024 payroll for aggressive steadiness tax functions is estimated at about $310.8 million. That's above the fourth, and highest, $297 million threshold, that means any further wage the Dodgers add this season can be taxed at a 110 % charge.
Paxton's signing fills out the Dodgers' 40-man roster. The group cleared two spots by buying and selling Michael Busch and Yency Almonte to the Cubs on Jan. 11, and the primary of these roster spots was for outfielder Teoscar Hernández.