01/27: How Pettitte's Incentives Will Work in 2009
Posted by: Patrick
With Andy Pettitte agreeing to a $5.5 million dollar base salary, with incentives that will raise the deal up to as much as $12 million, Peter Abraham details how, exactly, those incentives will work.
He receives $500,000 each time he hits the 150 innings, 160 innings and 170 innings marks. He receives $750,000 each time he reaches the 180, 190, 200 and 210 innings plateaus.
There are also bonuses tied to him simply being on the active 25 man roster. He'll get $100,000 for 120 days, $200,000 at 130 days, $250,000 each at 140 and 150 and $400,000 each at 160, 170 and 180.
He receives $500,000 each time he hits the 150 innings, 160 innings and 170 innings marks. He receives $750,000 each time he reaches the 180, 190, 200 and 210 innings plateaus.
There are also bonuses tied to him simply being on the active 25 man roster. He'll get $100,000 for 120 days, $200,000 at 130 days, $250,000 each at 140 and 150 and $400,000 each at 160, 170 and 180.