Scott Olsen Contract Details

Olsen will receive $500,000 in 2011.

Jerry Crasnick reports that Scott Olsen has accepted his deal with the Pittsburgh Pirates, and will make $500,000 in 2011, with the chance to earn up to $3 M in performance bonuses based on starts.  Crasnick also adds that the deal includes a $4 M club option for the 2012 season.  No word on a buyout for the option, although we heard the deal was for $1 M, so it’s possible that the buyout could be $500 K.

The main thing I don’t like about Olsen is his history of attitude problems and fights with teammates.  From a baseball standpoint this isn’t a bad deal.  It’s a low cost for a 27 year old starter, along with an option for 2012 incase he has a surprise season.  If he does have a surprising season, the option will be reasonably priced for 2012, and might give Olsen some strong trade value.

Author: Tim Williams

Tim is the owner and editor in chief of Pirates Prospects. He started the site in January 2009, and turned it into his full time job during the 2011 season. Prior to starting Pirates Prospects, Tim worked with AccuScore.com, providing MLB, NHL, and NFL coverage to various national media outlets, including ESPN Insider, USA Today, Yahoo Sports, and the Wall Street Journal. He also writes the annual Prospect Guide, which is sold through the site. Tim lives in Bradenton, where he provides live coverage all year of Spring Training, mini camp, instructs, the Bradenton Marauders, and the GCL Pirates.

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