Union, league to no longer allow milestone bonuses in player contracts

8 Comments

Jayson Stark reports that a fairly significant change is afoot in big-time contracts:

Major League Baseball and the players’ association have informed teams and agents that they no longer will approve personal-service deals and special “milestone” bonus clauses similar to those contained in Albert Pujols’ contract with the Los Angeles Angels, officials of both agencies told ESPN.com.

Existing deals like Pujols’ and Alex Rodriguez’s are OK, but no new ones can be signed.

The milestone bonuses, the league and union believe, go against language in the CBA that prohibit incentives for statistical achievements.  As it is now you can be paid more based on plate appearances and games, for example, but not hits and wins.  As for the personal services contracts, the league and union worry that such deals could be used to circumvent luxury tax calculations.

Given the league and union’s agreement on these sorts of general principles, it makes sense to not allow such clauses. Because really, once you open the door to loopholes, you’re going to undermine your goals in this regard.

Giants sign Austin Jackson to two-year, $6 million contract

Gregory Shamus/Getty Images
6 Comments

The Giants announced on Monday night the signing of outfielder Austin Jackson. According to Jon Heyman of FanRag Sports, it’s a two-year, $6 million deal with performance incentives that allow Jackson to earn up to an additional $2.5 million for a total of $8.5 million.

Jackson, who soon turns 31 years old, spent last season with the Indians. In 318 plate appearances, he hit .318/.387/.482 with seven home runs, 35 RBI, and 46 runs scored.

The Giants have been on the hunt for a center fielder and Jackson addresses that need relatively cheaply. Jackson will join Hunter Pence and newcomer Andrew McCutchen in the outfield.