The Pittsburgh Pirates signed Matt Diaz to a two year deal last night, and today we learned that the deal is for $4.25 M, with no option years. Still no word on the yearly breakdown, but my guess would be $2 M a year, and a $250 K signing bonus. I’ll update this post when the yearly breakdowns are announced. I project the Pirates’ payroll to be just under $37 M after the addition.
Jayson Stark also tweets that Diaz turned down more money from the Los Angeles Dodgers because he wanted to stay on the East coast and train in Florida.
UPDATE 2:44 PM: Stark clarifies his comments in two tweets, saying that Diaz didn’t turn down more money because the Dodgers didn’t make a formal offer. He says the Dodgers were prepared to offer more, but got the impression Diaz wanted to stay in the East.