What’s Byrd’s Deal?
|08.31.09 at 3:32 am ET|
When Paul Byrd signed with the Red Sox in early August, he signed a split contract that compensated him modestly while in the minors, but that paid him a pro-rated annual salary of $1.25 million for whatever portion of the 2009 season he would spend in the majors. After being called up on Sunday and delivering six shutout innings, and assuming that he remains in the big leagues for the rest of the year, Byrd would seem set to earn roughly 20 percent of that total, or roughly $246,000 in base salary.
On top of that, the 38-year-old also will receive the following incentives for his starts down the stretch:
$25,000 each for his first, second and third big-league starts
$50,000 each for his fourth through seventh starts
$75,000 each for his eighth through tenth starts
Also, as Rob Bradford reported on Sunday, Byrd said that he did not have any guarantee of a September call-up when he decided to sign with the Red Sox.
Latest from Bleacher Report
- Cup of Coffee: Benintendi debuts, Stankiewicz shines for Salem
- Red Sox purchase contract of pitcher Noe Ramirez
- Johnson named to International League All-Star Team
- Cup of Coffee: Kopech goes six strong, Nava returns to Pawtucket
- Red Sox sign two as international signing period opens
- Cup of Coffee: Devers hits clutch homer, GCL Sox remain unbeaten
- Podcast Ep. 79: Promotions, Signings, Rankings, Fireworks?
- Five Sea Dogs chosen for Eastern League All-Star team
- Cup of Coffee: Espinoza and Owens pitch well, Basabe leads Lowell
- Red Sox sign five more draftees, including first-round pick Benintendi