Miguel Cabrera will get $2 million for MVPs and $1 million for Triple Crowns

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As part of his new eight-year, $253 million extension with the Tigers reigning back-to-back MVP Miguel Cabrera has bonuses for winning the award again or capturing another Triple Crown in the future.

Via the Associated Press, beginning in 2016 his contract will pay an additional $2 million for each MVP award and another $1 million for each Triple Crown, which is leading the league in batting average, home runs, and runs batted in.

So, if the deal would have been in place previously Cabrera would have been in line for an extra $3 million in 2012 and $2 million in 2013. Interestingly, he won the so-called sabermetric Triple Crown in 2013 by leading the league in batting average, on-base percentage, and slugging percentage, but the Tigers didn’t put any bonuses for that into the extension.

MVP voting will also have an impact on the 2024 and 2025 team options in his contract, because they kick in for $30 million each season if he finishes among the top 10 vote-getters the previous year. All of which means baseball writers with MVP votes have the ability to make Cabrera a whole bunch of extra money, particularly since a top-10 finish typically only requires a few up-ballot votes. Of course, who knows what the MVP voting process will look like come 2025. By that point they might just let Mike Trout pick a winner each year.

Orioles claim Jace Peterson off waivers from the Yankees

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The Baltimore Orioles have claimed utilityman Jace Peterson off waivers from the Yankees.

Peterson has played in three games this season and has been DFA’d twice. He had no place to play in New York but perhaps the O’s can use his versatility. While mostly a second baseman in his career he’s appeared at every position except pitcher and catcher at some point along the way, and that’s useful. More useful for a team that isn’t going anyplace like Baltimore, I presume. Saves ’em on gas money from Norfolk when someone gets an owie.

To make room for Peterson the O’s moved Gabriel Ynoa, who is suffering from shoulder inflammation, from the 15-day to the 60-day disabled list. Ynoa has yet to appear in a game this season.