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Padres’ Darvish gets $30M this year in salary, signing bonus

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SAN DIEGO (AP) — Yu Darvish will receive $30 million this year in salary and signing bonus as part of a new $108 million, six-year contract with the San Diego Padres.

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Hey there, time traveller!
This article was published 13/02/2023 (1320 days ago), so information in it may no longer be current.

SAN DIEGO (AP) — Yu Darvish will receive $30 million this year in salary and signing bonus as part of a new $108 million, six-year contract with the San Diego Padres.

The agreement, announced Thursday, replaced the final season of a $126 million, six-year contract that was due to pay the 36-year-old right-hander $18 million this season.

Darvish geta a $6 million signing bonus, of which $2 million is payable within 30 days’ of the deal’s approval by the commissioner’s office, $2 million this June 1 and $2 million this Sept 1.

San Diego Padres pitcher Yu Darvish, right, shakes hands with sportscaster Don Orsillo at a baseball news conference on Friday, Feb. 10, 2023, in San Diego. Darvish signed a new contract with the Padres that guarantees the pitcher an additional $90 million and will keep him with the club through the 2028 season. (AP Photo/Denis Poroy)
San Diego Padres pitcher Yu Darvish, right, shakes hands with sportscaster Don Orsillo at a baseball news conference on Friday, Feb. 10, 2023, in San Diego. Darvish signed a new contract with the Padres that guarantees the pitcher an additional $90 million and will keep him with the club through the 2028 season. (AP Photo/Denis Poroy)

He gets salaries of $24 million this year, $15 million in 2024, $20 million in 2025, $15 million in 2026 and $14 million each in 2027 and 2028.

Darvish’s 2028 salary would increase by $1 million for each Cy Young Award he wins from 2023-27.

Darvish helped the Padres reach the NL Championship Series last season, which was one of the best in his 11-year big league career. He went 16-8 with a 3.10 ERA and 197 strikeouts. He was 2-1 in the postseason.

Darvish was traded by the Cubs to the Padres in 2020.

Darvish heads a rotation that also includes hometown product Joe Musgrove, who signed a $100 million, five-year deal in July. The Padres signed shortstop Xander Bogaerts to a $280 million, 11-year deal in December, even though Fernando Tatis Jr. will be eligible to return April 20 from an 80-game suspension after testing positive for a performance-enhancing drug. Tatis will move to the outfield, probably in right.

There could be more big spending ahead for the Padres, seeking their first World Series championship. All-Star third baseman Manny Machado can opt out of his $300 million, 10-year deal after thus season, and the Padres would like to have him finish his career in San Diego. Machado finished second in last year’s NL MVP vote.

San Diego Padres pitcher Yu Darvish arrives at a news conference held to announce a six-year contract extension with the Padres Friday, Feb. 10, 2023, in San Diego. Darvish signed a new contract with the Padres that guarantees the pitcher an additional $90 million and will keep him with the club through the 2028 season. (AP Photo/Denis Poroy)
San Diego Padres pitcher Yu Darvish arrives at a news conference held to announce a six-year contract extension with the Padres Friday, Feb. 10, 2023, in San Diego. Darvish signed a new contract with the Padres that guarantees the pitcher an additional $90 million and will keep him with the club through the 2028 season. (AP Photo/Denis Poroy)

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