Left hand Blake Snell and the Dodgers reportedly agreed to a deal last week and the club officially announced it over the weekend, but the finer details of the deal are still coming out. Per Jon Heyman of The New York Post (X link), the $182MM guarantee breaks down as a $52MM signing bonus followed by $26MM in salaries in each of the five years of the deal, though $13.2MM is amortized annually without interest. There is a $5MM share bonus when Snell is sold. Additionally, there is a $10MM club option for 2030 under certain circumstances: if Snell is not assigned to another club and has 90 or more consecutive days on the disabled list due to some injury.
Many of these details came out of the original report, including the guarantee, signing bonus, career bonus and the fact that there was a major layoff. However, the reversal is slightly higher than originally thought. The numbers reported last week were $13MM for the year for a total of $65MM, but now we know it’s slightly higher than that, with an annual figure of $13.2MM that brings the total number of reversals to $66MM.
But the conditional option is the most significant new development today, as there was no previous report about Snell’s contract being extended through the 2030 season in any way. It is now known that the Dodgers could hold on to Snell for a sixth year, but only under certain circumstances.
More to come.
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