Jim Thome’s contract carries $250K in performance bonuses

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The Phillies signed veteran slugger Jim Thome to a one-year contract on Friday. It carries a $1.25 million base salary, but the 41-year-old can earn another $250,000 through performance-based incentives.

According to Jerry Crasnick of ESPN.com, Thome will get $50,000 if he reaches 175 plate appearances, another $50,000 if he makes 200 plate appearances, and so on, and so on, up to 275 total PAs.

Thome has topped 320 plate appearances in 15 of his last 16 seasons, but all but three of those were played in the American League, where he could serve as the designated hitter. He won’t have that luxury in Philadelphia, and the Phillies have no plans to give him regular looks at first base.

Report: Twins interested in Wade Miley

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Free agent left-hander Wade Miley is among several offseason targets for the Twins, according to a report from Darren Wolfson of KSTP. Miley’s $12 million option was declined by the Orioles back in November, and while he’s expected to attract another major league deal in 2018, he hasn’t exactly been highly sought after this offseason.

The 31-year-old lefty finished his second campaign with the Orioles in 2017, producing an 8-15 record in 32 starts and ranking second-to-last among all AL starters with a 5.61 ERA, 5.3 BB/9 and 8.1 SO/9 in 157 1/3 innings. Even taking Miley’s undeniable durability into account — he remained healthy for the bulk of the season and completed his sixth straight year with 30+ starts — his declining value and career-worst numbers may lower his price tag as the 2018 season approaches.

Wolfson notes that the Twins have engaged in “regular dialogue” with Miley’s agent this winter, but he’s far from the only starting pitcher they have their eye on. Right-handers Yu Darvish, Lance Lynn, Alex Cobb and Chris Tillman are still on their radar, among several others, and club owner Jim Pohlad said Saturday that he was “totally on board” with the idea of signing a big-name free agent like Darvish or another available starter. “There are some interesting names and some interesting opportunities there,” Pohlad told a crowd at TwinsFest. “I’m as intrigued by it as anybody and attracted to it as anybody.”