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Finally, the saga of the independent Bryce Harper agency ended earlier this week. The Philadelphia Phillies on Thursday signed a record deal of $ 330 million over 13 years with the former MVP of the NL.. This is the biggest contract in the history of baseball.
As you can imagine, the biggest contract in history is loaded with bells and whistles. First, here is the annual distribution of salaries, via Associated Press:
- 2019 $ 10 million salary plus $ 20 million signing bonus paid in two installments (June 1 and November 1)
- 2020-28: $ 26 million salary per year
- 2029-31: $ 22 million salary per year
Harper's contract does not include any opt out clause, option year or deferred money. This is a 13-year contract valued at $ 330 million. Harper, however, enjoys full protection against trade.
In addition to the salary and non-exchange clause, Harper's contract also includes a bonus package and some benefits. The details:
According to the details of the contract obtained by the Associated Press, Harper would earn $ 50,000 more each time he is a star player, wins a gold glove or a slugger or is selected player par excellence league championship series championship. A MVP World Series trophy would bring in $ 100,000 more.
He would get $ 500,000 when he was the league's most valuable player, $ 50,000 to finish second in the vote and $ 25,000 for the third.
Bonus packages like this are quite common in independent agent contracts, especially for high profile players like Harper. Based on all of the above, this is the best possible scenario for Harper each season:
- All-Star: $ 50,000
- Gold Glove: $ 50,000
- Silver Slugger: $ 50,000
- MVP: $ 500,000
- NLCS MVP: $ 50,000
- MVP World Series: $ 100,000
This represents $ 800,000 in bonuses available each season or $ 10.4 million in bonuses available on the 13-year contract.
In addition, Harper has an apartment on the road – it's no small deal, given the time that baseball players spend on the road – and the right to buy an apartment in the Citizens Bank Park. It's good work if you can get it.
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