How is Wacha getting $30M "plus an extra 2?"
4 years/$26M (2023-26)
signed by San Diego as a free agent 2/16/23
$3.5M signing bonus
23:$4M, 24-25: club option at $16M annually
if club declines its 2024-25 option, Wacha has the right to exercise a player option for 3 years/$18.5M (24:$6.5M, 25:$6M, 26:$6M)
performance bonuses for 2023 and any player option seasons: $500,000 each for 20, 25 games started. $1M for 30 GS
He is guaranteed $7.5M/1 or $26M/4, if he takes the player option, after SD turns down the team option.
Am I missing something?
He gets $39.5M/3, if SD takes the option ($16M a year x 2). He is not guaranteed this. There isn't even a buyout.
The thing is, even at the time, I would rather have Wacha at $39.5M/3 than Kluber at $10M/1. it's a close call, though, but $7.5M/1 is the true cost.