Dodgers pay Maeda $1M trade bonus as part of trade to Twins

MLB Baseball
This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated.

NEW YORK (AP)The Los Angeles Dodgers agreed to pay Kenta Maeda’s $1 million assignment bonus as part of their trade of the pitcher to the Minnesota Twins.

Los Angeles also agreed to pay the Twins $3 million to cover part of Maeda’s salary and reimburse Minnesota for up to $7 million of his earned bonuses, according to information obtained by The Associated Press.

Meada’s maximum cost to the Twins would be $3,713,500 this year if he earns $13.15 million, his total if he reaches all his roster and performance and bonus levels. His maximum to Minnesota would be $12,586,500 in 2021 and $13.15 million in both 2022 and ’23, a total exposure to the Twins of $42.6 million.

Los Angeles will pay $2,436,500 this year split into in 12 installments on the 15th and last day of each month from April through September. The first four installments are $203,041.66 and the last eight $203,041.67.

A final payment of $563,500 is due on June 30, 2021.

Maeda was acquired with catcher Jair Camargo on Monday for right-hander Brusdar Graterol, outfielder Luke Raley and the Twins’ competitive balance round B pick in this year’s amateur draft, the 67th overall.

Maeda agreed before the 2016 season to a $25 million, eight-year contract with the Dodgers that would have been worth $106.2 million if made at least 32 starts and pitched a minimum of 200 innings each year.

He has a yearly salary of $3 million and an annual bonus of $150,000 if he is on the opening-day active roster. He can receive $6.5 million annually based on starts: $1 million each for 15 and 20, and $1.5 million apiece for 25, 30 and 32 starts.

He can earn $3.5 million per season for innings: $250,000 for 90 and each additional 10 through 190, and $750,000 for 200.

Maeda reached 32 starts only in his first season with the Dodgers, when he pitched 175 2/3 innings, which remains his big league high.

He earned $11.9 million in 2016, $7.9 million in 2017, $6.15 million in 2018 and $8.4 million last year. The $34.35 million total was 65% of the $52.6 million he could have made.

More AP MLB: and

Copyright 2020 Nexstar Broadcasting, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Now Trending on

Video Forecast

Grant's Monday Night Forecast

More Weather Video Forecast
Albuquerque Hourly Forecast

Don't Miss

More Don't Miss