Diaz will receive $4.25 M over two years.

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 go...

To continue reading the rest of this article, subscribe to Pirates Prospects. Subscribers get access to every article on the site, along with all of our exclusive live coverage of the Pirates' minor league system, all for a very low monthly or yearly rate.

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.