Snell Deal

Blake Snell won’t need to go through arbitration:

he deal covers three seasons of arbitration eligibility plus one year after he could have become a free agent.

It also comes less than two weeks after the Rays renewed Snell’s contract at a salary of $573,700 for the upcoming season. That would have been a raise of just $15,500 from 2018, when he led the major leagues with 21 wins.

The new contract includes a $3 million signing bonus payable within 30 days of the deal’s approval by Major League Baseball and a raise to $1 million for this season. He gets $7 million in 2020, $10.5 million in 2021, $12.5 million in 2022 and $16 million in 2023. His 2023 salary could escalate by up to $2 million based on Cy Young Award voting in the first four years: $1 million for each win, $500,000 for each second-place finish and $250,000 for each third-place finish.

“It’s just a perfect deal for me, a deal I’m very comfortable with,” Snell said, reiterating his strong desire to remain with the Rays,

FoxSports.com

The Rays get all his prime years, and will likely let someone else pay for Snell’s 30s. The contract is also easily traded. As the Rays tend to rebuild often, they could get a nice return on Snell in three years if he stays in Cy Young contention.

from baseballmusings.com https://ift.tt/2FiD2yQ