Clarification on Scott Olsen’s 2011 Salary

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...

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2011 Pittsburgh Pirates Opening Day Payroll

All throughout the season we keep a running total of the Pittsburgh Pirates’ 40-man roster payroll, factoring in every move that takes place throughout the year.  The final numbers are unofficial, but give a fairly accurate view of the total payroll.  Last year, the end of the season payroll was estimated to be $42,788,838, which was $1,358,129 off of the actual end of the year payroll, which came out to be $44,146,967. A big...

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Contract Details for Correia, Olsen, and Fields

Jennifer Langosch has the contract details for three of the newly signed Pirates: Kevin Correia As we know, Correia will receive a $2 M signing bonus, and $3 M annual salaries in 2011 and 2012.  He also has the following incentives and performance bonuses: In 2012, Correia can receive $100,00 each for 170 innings, 180 innings, 190 innings, 200 innings, and 210 innings.  He can also receive $125,000 each for 26 games started, 28 games...

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2010 Payroll Projection Following the Winter Meetings

The 2010 Winter Meetings saw the Pittsburgh Pirates sign three players: Scott Olsen, Kevin Correia, and Matt Diaz, along with making a Rule 5 selection, taking Josh Rodriguez from the Cleveland Indians.  The only signing that has been made official so far has been Olsen, so there are technically two spots open on the 40-man roster.  However, since Correia and Diaz should be added in the next week, I went ahead and updated the 2010...

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Recapping the Non-Tender Deadline

The Pittsburgh Pirates non-tendered four players and re-signed two arbitration eligible players prior to the non-tender deadline.  The Pirates re-signed Ronny Cedeno to a one year, $2 M deal with an option for the 2012 season, and re-signed Jeff Karstens to a one year, $1.1 M deal.  Joel Hanrahan and Ross Ohlendorf also received tender offers, although no deal is in place for either player yet.  The Pirates also non-tendered four...

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