Melancon guaranteed $3M by Padres, can earn $11M for 2 years

Posted 2/19/21

PEORIA, Ariz. (AP) — Reliever Mark Melancon is guaranteed $3 million as part of his one-year contract with the San Diego Padres and could earn $11 million over two seasons if he closes …

To Our Valued Readers –

Visitors to our website will be limited to five stories per month unless they opt to subscribe.

For $5.99, less than 20 cents a day, subscribers will receive unlimited access to the website, including access to our Daily Independent e-edition, which features Arizona-specific journalism and items you can’t find in our community print products, such as weather reports, comics, crossword puzzles, advice columns and so much more six days a week.

Our commitment to balanced, fair reporting and local coverage provides insight and perspective not found anywhere else.

Your financial commitment will help to preserve the kind of honest journalism produced by our reporters and editors. We trust you agree that independent journalism is an essential component of our democracy. Please click here to subscribe.

Sincerely,
Charlene Bisson, Publisher, Independent Newsmedia

Please log in to continue

Log in
I am anchor

Melancon guaranteed $3M by Padres, can earn $11M for 2 years

Posted

PEORIA, Ariz. (AP) — Reliever Mark Melancon is guaranteed $3 million as part of his one-year contract with the San Diego Padres and could earn $11 million over two seasons if he closes regularly.

Melancon has a $2 million salary this year as part of the agreement announced Thursday, and the deal includes a $5 million option with a $1 million buyout if either side declines.

Melancon can earn $2 million annually in performance bonuses for games finished: $250,000 each for 20, 25, 30 and 35, and $500,000 each for 40 and 45.

A three-time NL All-Star with Pittsburgh, Melancon was 2-1 with a 2.78 ERA and 11 saves in 23 games during the pandemic-shortened 2020 season. The 35-year-old right-hander earned $5,185,185 in prorated pay from a $14 million salary in the final season of a $62 million, four-year contract he signed with San Francisco ahead of the 2017 season.

Melancon is 30-27 with a 2.85 ERA and 205 saves in 12 seasons with the New York Yankees (2009-10), Houston (2010-11), Boston (2012), Pittsburgh (2013-16), Washington (2016), San Francisco (2017-19) and Atlanta (2019-20). He has struck out 549 in 606 innings.

San Diego also announced a deal Thursday with right-handed reliever Keone Kela, who gets a $1.2 million salary while in the major leagues and $200,000 while in the minors. His deal includes an $800,000 conditional option for 2022 that the team could exercise if Kela hurts his pitching arm, needs Tommy John surgery and spends more than 90 days in a row on the injured list during the 2021 regular season.

Kela can earn $800,000 in performance bonuses for games pitched: $100,000 for 25 and each addition five through 60.

He also can earn $1.5 million in performance bonuses for games finished: $250,000 each for 20, 25, 30 and 35, and $500,000 for 40.

Kela allowed one run over two innings for Pittsburgh last year in a season cut short by a forearm injury. He converted 24 of 25 save chances for Texas in 2018.

Kela is 21-11 with 28 saves and a 3.24 ERA and 266 strikeouts in 216 2/3 innings for Texas (2015-18) and Pittsburgh (2018-20).

___

More AP MLB: https://apnews.com/hub/MLB and https://twitter.com/AP_Sports

Comments