BREAKING: The Los Angeles Dodgers have agreed to terms with ace pitcher Clayton Kershaw on a seven-year, $215 million contract extension, it was reported by ESPN LA’s Ramona Shelburne:
The Dodgers and Clayton Kershaw have agreed on a seven year, $215 million contract, sources have told ESPN. Out after five
— Ramona Shelburne (@ramonashelburne) January 15, 2014
The deal is the richest contract in MLB history for a pitcher, eclipsing the mega-deals given to Justin Verlander (seven years, $180M) and Felix Hernandez (seven years, $175M). The deal will guarantee Kershaw an annual salary of roughly $30.7M and includes an opt-out option after the fifth year.
The Dodgers may still land Japanese pitcher Masahiro Tanaka, as earlier in the day team president Stan Kasten intimated that a Kershaw extension wouldn’t rule out Tanaka as well:
Kasten won’t talk about Tanaka but suggests he could be in play even w/Kershaw deal: “I don’t think any one contract impacts any other.”
— Bill Shaikin (@BillShaikin) January 15, 2014
More on this as it develops.