Stay updated with breaking news from Performance Bonuses. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
The Pittsburgh Pirates have agreed to a $3.2 million, one-year contract with first baseman/designated hitter. Tellez can earn $800,000 in performance bonuses as part of the deal, which is pending a successful physical. The 28-year-old Tellez hit .215 with 13 home runs and 47 RBIs for Milwaukee in 2023.
The Washington Nationals finalized a $2.25 million, one-year contract with reliever Dylan Floro on Tuesday and a $2 million, one-year deal with infielder/outfielder Nick Senzel. Floro can earn $1.65 million in performance bonuses and could match his 2023 pay of $3.9 million. A 32-year-old right-hander, Floro was 5-6 with a 4.76 ERA and seven saves in 10 chances for Miami and Minnesota, which acquired him on July 26 for right-hander Jorge López.
Luis Severino and the New York Mets finalized a $13 million, one-year contract on Friday that moves the oft-injured right-hander across town from the Yankees. Severino can earn an additional $2 million in performance bonuses for starts: $500,000 for 27 and $750,000 apiece for 29 and 31. A two-time All-Star, the 29-year-old right-hander went 4-8 with a 6.65 ERA in 18 starts and one relief appearance while earning $15 million in the option year of a contract that paid him $52.5 million over five seasons.
Kyle Gibson can earn an additional $500,000 in performance bonuses each season in his deal with the St. Louis Cardinals, which guarantees the 36-year-old right-hander $13 million. Gibson's contract, announced Nov. 21, calls for a $12 million salary next year and includes a $12 million club option for 2025 with a $1 million buyout. Gibson would receive a $1 million assignment bonus if traded.
STATEMENT OF EXECUTIVE COMPENSATION FOR THE YEAR-ENDED APRIL 30, 2023 Table of Contents COMPENSATION...