Contract details for Orlando Hudson
OK, I'm giving you fair warning that this is going to give you a headache. I can't imagine what the conversation must have been like when Colletti and Ng were working these details out with O-Dawg's agent. But here it is:
$380,000 signing bonus, deferred without interest to a time not designated
$3 million base salary for 2009
$150,000 each for 150 and 175 plate appearances
$200,000 each for 200, 225, 250, 275 and 300 plate appearances
$250,000 each for 325, 350, 375, 400, 425, 450, 475, 500, 525, 550, 575 PAs
and then, there is this:
$10,000 for EVERY plate appearance from PA #576 through PA #632. That's 57 PAs for total of $570,000.
also, BEGINNING WITH 550 PAs, every one of these incentives, including that $570k, is deferred without interest to a time not designated. And the contract requires O-Dawg to donate $25,000 to the Dodgers Dream Foundation, something I'm sure he has no problem with because he is heavily involved in charity work to begin with, with a focus on the battle against autism.
Have you hit the Advil yet?
There's simply not enough space on the outfield wall to display all the Dodgers' PA incentive trackers this season. :)
Thanks for the info as always, Tony!
That is pretty creative structuring there.
How about adding a non-performance penalty such as deducting $5000 for each strike out with bases empty, $10000 for each strike out with runners on base or $25000 for each strike out with runners in scoring position with two outs.