Tag: contract details

The Pittsburgh Pirates have officially announced the six year extension for Starling Marte, which was agreed to yesterday. Marte is signed to a six year, $31 M deal with two option years. The deal guarantees one of his free agent years, and buys out control of three of his free agent years. Jon Heyman has […]

With Gerrit Cole and Josh Bell both receiving minor league contracts from the Pittsburgh Pirates, I figured this would be a perfect time to...

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 […]

The Pittsburgh Pirates have been looking for left handed relief, although the market is currently very thin, with very few options remaining.  One of those options is Joe Beimel, and according to John Perrotto, he could sign with the Pirates.  Perrotto tweets that he hears there is a very good chance that Beimel will sign […]

The Pittsburgh Pirates and Joel Hanrahan have agreed to a one year deal, avoiding arbitration, according to Rocco DeMaro on Twitter.  No word yet on the amount of the deal.  I had estimated $2 M on the 40-man roster/payroll projection page. The market for relievers has been high this off-season, and that only strengthened today […]

The Pittsburgh Pirates have signed relief pitcher Jose Veras to a minor league deal with an invite to Spring Training, according to Enrique Rojas of ESPN Deportes (link in Spanish).  If Veras makes the majors, he will receive a $1 M salary, with $500 K in possible incentives.  He will make $15,000 a month in […]

Jennifer Langosch has the contract details for Garrett Atkins and Brian Burres. Atkins will receive an $800,000 salary in the majors.  He also has the following incentives based on plate appearances: $25,000 each for 300, 350, and 400 PAs, $50,000 each for 425, 450, 475, and 500 PAs.  He also has the usual awards incentives.  Atkins […]

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 […]

The Pittsburgh Pirates have made the Matt Diaz signing official, inking the outfielder to a two-year deal.  We learned Diaz’s role in 2011 after the Lyle Overbay signing earlier today, as he will be platooning in right field with Garrett Jones.  That’s a good combination, as Diaz is a career .335/.373/.533 hitter against left handers, […]

Jennifer Langosch has the contract details for Ronny Cedeno and Jeff Karstens, who each agreed to one year deals prior to the December 2nd non-tender deadline, thus avoiding arbitration. Karstens will make $1.1 M, which is a figure we already knew.  However, Langosch adds that he can make $25,000 if he makes 20 starts, and […]