Holland, Diamondbacks finalize $3.25 million deal

By: The Associated Press Posted: 9:16 AM CST Friday, Feb. 1, 2019 Last Modified: 10:15 AM CST Friday, Feb. 1, 2019

PHOENIX - Reliever Greg Holland and the Arizona Diamondbacks have finalized their $3.25 million, one-year contract.

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PHOENIX - Reliever Greg Holland and the Arizona Diamondbacks have finalized their $3.25 million, one-year contract.

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PHOENIX – Reliever Greg Holland and the Arizona Diamondbacks have finalized their $3.25 million, one-year contract.

A 33-year-old right-hander, Holland was 2-2 with a 4.66 ERA with St. Louis and Washington last season, when he earned $14 million. He has a 2.83 ERA in eight major league seasons.

He can earn an additional $3.5 million in performance bonuses: $1 million for games and $2.5 million for games finished.

FILE - In this Saturday, Sept. 29, 2018 file photo, Washington Nationals relief pitcher Greg Holland throws to first base to put out Colorado Rockies' DJ LeMahieu in the eighth inning of a baseball game in Denver. Two people familiar with the negotiations say reliever Greg Holland and the Arizona Diamondbacks have agreed to a $3.25 million, one-year contract. The people spoke to The Associated Press on condition of anonymity Wednesday, Jan. 30, 2019 because the agreement had not been announced. (AP Photo/David Zalubowski, File)

Holland would get $50,000 each for 15, 20, 25 and 30 games; $100,000 apiece for 35, 40, 45 and 50; and $200,000 each for 55 and 60. He would earn $50,000 each for 15 and 20 games finished; $150,000 apiece for 25, 30, 35 and 40; $300,000 each for 45 and 50; and $600,000 apiece for 55 and 60.

Arizona announced the agreement Thursday. To clear a roster spot, right-hander Jake Barrett was designated for assignment.

Holland was an outstanding closer with Kansas City, where he had a 1.80 ERA in 2011, a 1.21 ERA and 47 saves in 2013 and a 1.44 ERA with 46 saves in 2014.

An elbow injury that required surgery in 2015 affected his velocity, but he has remained mostly effective.

Holland pitched one season for Colorado before going to St. Louis last year. Holland was released by the Cardinals after going 0-2 with a 7.92 ERA in 32 games. He signed with Washington and was 2-0 with a 0.84 ERA in 24 games for the Nationals.