Analysis

Clarification on Scott Olsen’s 2011 Salary

Clarification on Scott Olsen’s 2011 Salary

Olsen is owed the full $550 K that the Pirates guaranteed him.

The Pittsburgh Pirates released Scott Olsen last week, after Olsen spent the start of the 2011 season on the 60-day disabled list.  The Pirates originally signed Olsen to a one year, $550 K guaranteed deal, which included a $450 K salary in 2011, and a $100 K buyout on his option in 2012.  If you notice on the 2011 40-man roster page, I've got him listed as being paid $550 K for the year, even though he has been released.

The reason Olsen is taking up $550 K of payroll is that when the team released him, they basically ate all of the guaranteed money on the deal.  That includes his 2011 base salary of $450 K, and his 2012 buyout of $100 K.  Had Olsen been released prior to March 28th, the Pirates would have only owed him ...

This content is for Pirates Prospects subscribers only. Subscribers get access to all of our daily articles on the Pirates and their minor league system, with live coverage throughout the system on a daily basis. Our lowest rates are $2.22 per month under our Top Prospect Plan, which also gets you a FREE copy of the 2016 Prospect Guide. We also have a promotion with DraftKings where you can get a FREE one-year subscription to the site by signing up as a new DraftKings customer and making a $5 minimum deposit.  Subscribe today to access all of our daily coverage of the Pirates' system.

If you're already a member, you can log in below. If you think you're receiving this message in error, please e-mail tim@piratesprospects.com.

Analysis

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.

More in Analysis

Yeudy Garcia 0810 4

An Early Look at the Potential Pirates Breakout Prospects For 2016

Tim WilliamsJanuary 31, 2016
(Photo by: David Hague)

Francisco Cervelli Open to an Extension With the Pirates

Tim WilliamsJanuary 27, 2016
Yeudy Garcia 0810

What Changed For the Pirates’ Biggest Breakout Prospects in 2015?

Tim WilliamsJanuary 24, 2016
(Photo Credit: David Hague)

How Adding the DH to the NL Could Help the Pirates in 2017 and Beyond

Tim WilliamsJanuary 23, 2016
(Photo credit: David Hague)

Gregory Polanco Still Open to Extension With the Pirates

Tim WilliamsJanuary 14, 2016
Jameson Taillon 2

Third Time Could Be the Charm For Jameson Taillon Arriving in the Majors

Tim WilliamsJanuary 13, 2016

Pirates Prospects is an independent media outlet, and is in no way affiliated with the Pittsburgh Pirates, their minor league affiliates, Major League Baseball, or Minor League Baseball.

Copyright © 2015 Pirates Prospects