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Ordonez out for 4-6 weeks


Y2HH

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QUOTE(SoxPhan7 @ Apr 15, 2005 -> 04:57 PM)
It looks like we wont get a chance to boo mags and Mags' contract will be void since he will be going on the DL with a hernia.

I bet Mags would love to have taken the Sox's money now.

 

http://mlb.mlb.com/NASApp/mlb/news/article...t=.jsp&c_id=mlb

I thought the only way they could void his contract was if he was on the DL for a certain amount of time for the knee?

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Just to make everything clear.

 

Magglio Ordoñez: signed 5-year deal worth 75M on 2/7/05- + the deal includes 2 option years that could value the deal at 105M- + he will receive a 6M signing bonus and a 6M salary in 2005, then salaries of 15M in 2006, 12M in 2007, 15M in 2008 and 18M in 2009- + the deal includes a Team Option for 2010 worth 15M or a 3M buyout- + the deal also includes a Team Option for 2011 worth 15M with no buyout- + his options can become guaranteed if he has 135 starts or 540 plate appearances in the previous season, or 270 starts or 1,080 plate appearances in the previous two seasons- + if the 2010 option becomes guaranteed under the above clause, then his salary would be 18M and if the 2011 option becomes guaranteed, the salary would still be 15M- + contract can be voided after the 2005 season if he spends 25 or more days on the DL for a recurrence of osteochondritis condition (a left knee injury)- + the signing bonus, payable in Nov. 2005, does not have to paid if he is on the DL for 25 or more days for the above knee injury- + award bonuses he can earn include: 500K for MVP; 1M for a second MVP award; 200k for finishing second through fifth in the MVP voting; 50k for All-Star selection as a reserve; 100K for winning the Hank Aaron award; 200K if named World Series MVP; and 150K if he's named League Championship Series MVP; and 100K if he's named a postseason All-Star after not making the midseason All-Star team Agent: Scott Boras
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