Melancon guaranteed $3M by Padres, can earn $11M for 2 years - News Summed Up

Melancon guaranteed $3M by Padres, can earn $11M for 2 years


PEORIA, Ariz. - Reliever Mark Melancon is guaranteed $3 million as part of his one-year contract with the San Diego Padres and could earn $11 million over two seasons if he closes regularly. Melancon has a $2 million salary this year as part of the agreement announced Thursday, and the deal includes a $5 million option with a $1 million buyout if either side declines. Melancon can earn $2 million annually in performance bonuses for games finished: $250,000 each for 20, 25, 30 and 35, and $500,000 each for 40 and 45. Kela can earn $800,000 in performance bonuses for games pitched: $100,000 for 25 and each addition five through 60. He also can earn $1.5 million in performance bonuses for games finished: $250,000 each for 20, 25, 30 and 35, and $500,000 for 40.


Source: thestar February 20, 2021 03:22 UTC



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