Padilla stays with Dodgers for $5,025,000
LOS ANGELES (AP) – Right-hander Vicente Padilla decided to stay with the Los Angeles Dodgers after his outstanding performance down the stretch last season.
Padilla was guaranteed $5,025,000 under Thursday’s agreement. He gets a $1 million signing bonus that is deferred to April 1, 2011, and a $4,025,000 salary this season.
Los Angeles signed Padilla for a prorated share of the $400,000 minimum on Aug. 19 after the Texas Rangers abruptly released their No. 2 starter. Padilla went 4-0 with a 3.20 ERA in seven starts for the Dodgers, bolstering the NL West champions’ inconsistent rotation.
Padilla then allowed just one earned run over 14 1-3 innings in his first two career playoff appearances for the Dodgers before losing Game 5 of the NL championship series to Philadelphia.
The Nicaraguan pitcher is 98-85 with a 4.03 ERA in his 11-year career with Arizona, Philadelphia, Texas and Los Angeles. He made $12 million in 2009, the final season of a $33.75 million, three-year contract he signed with the Rangers.
He can earn an additional $1 million in performance bonuses under his new deal: $125,000 each for 150 and 160 innings, $150,000 for 170, $175,000 for 180, $200,000 for 190 and $225,000 for 200. Starting with 170 innings, bonus payments would be deferred until April 1, 2011.