Details of Clay Buchholz’s contract extension with Red Sox

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Peter Abraham of the Boston Globe has the year-by-year breakdown of Clay Buchholz’s new contract extension with the Red Sox:

Signing bonus: $1 million

2012 – $3.5 million

2013 – $5.5 million

2014 – $7.7 million

2015 – $12 million

2016 – $13 million team option or $245,000 buyout

2017 – $13.5 million team option or $500,000 buyout

Add it all up and he’ll get at least $30.5 million for four years and can earn up to $57.25 million for six years.

I’d never blame a young pitcher for taking $30 million in guaranteed money, especially when he’s just 26 years old and still making close to the MLB minimum, so Buchholz certainly did plenty well for himself. With that said, this strikes me as a very team-friendly contract for the Red Sox.

They bought out all three seasons of arbitration and his first season of free agency for $30.5 million and have reasonable team options with remarkably small buyouts for his second and third seasons of free agency. If he gets hurt they’re out $30.5 million, which is a relatively small sum in the world of long-term extensions. And if he stays healthy and effective they locked Buchholz up through age 32 for $57.25 million, which is probably pretty close to what he’d get on the open market for those three free agent years alone come 2015.

Brandon McCarthy wins final spot in Dodgers’ rotation

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We learned on Monday that Hyun-Jin Ryu won one of the final two spots in the Dodgers’ starting rotation. Brandon McCarthy has won the other, Bill Plunkett of the Orange County Register reports. Alex Wood was McCarthy’s competitor for the spot.

McCarthy, 33, posted a 4.85 ERA across four appearances spanning 13 innings this spring, yielding seven earned runs on 14 hits and a walk with seven strikeouts. Wood, a southpaw, gave up five earned runs in six innings against the Reds on Tuesday, which might have factored into the decision.

Last season, McCarthy made nine starts and one relief appearance, posting a 4.95 ERA with a 44/26 K/BB ratio in 40 innings. In the event McCarthy falters, the club has Wood as well as Julio Urias and the injured Scott Kazmir as potential replacements.

Yankees re-sign Jon Niese to a minor league deal

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The Yankees have re-signed pitcher Jon Niese to a minor league contract, George A. King III of the New York Post reports. Niese was released on Sunday, but he’ll stick around and provide rotation depth for the Yankees.

Niese had knee surgery last August and got a late start to spring training as a result. In six spring appearances lasting an inning each, the lefty gave up three earned runs on five hits and a walk with five strikeouts.

Niese, a veteran of nine seasons, put up an aggregate 5.50 ERA with an 88/47 K/BB ratio in 121 innings last season between the Pirates and Mets.