Evan Longoria Signed
April 27th, 2007 | 
Author: Evan Longoria Signed Currently For Sale On eBay
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Evan Longoria Signed
Evan Longoria's contract?
I don't know the details, so maybe someone can help me understand. Longoria is signed into a 9 year contract for $44 million. It's one of these deals where the salary starts off low and then makes some big jumps after a couple years.
The breakdown is here:
http://blogs.tampabay.com/rays/2008/04/rays-to-make-ma.html
My question is, can he opt out of the contract earlier? I don't know anything about him personally, and I don't mean to question his loyalty to the team, but it seems to me that a player of his caliber could EASILY be making more than $550,000 next year, if he were playing for a team with a bigger payroll.
Does anyone know if this is a possibility?
brettj66 -- thanks for your answer! Very helpful.
Even without the contract, he could not make more next year with any team.
Major league teams control your rights for 6 years. The first 3, you have no say in the matter at all. They can offer you a contract for $500,000 and if you decline it, they can renew you anyway for a slight increase over the previous year.
In years 4-6, they are called the arbitration years and if you can't agree on a contract, the team and the player submit a $ figure to an arbitrator and argue the merits of the request. The arbitrator weighs the case and picks one # or the other.
What tampa did in signing Longoria to a contract (and I thought it was only 6 years) was say "in advance, we want to give you more money than you would have gotten, decent money in arbitration years and we never have to submit a figure and in exchange, you are protected from crappy performance, ie, he still gets paid"
Ok, after taking a look at the details, that's what they consider a 6 year deal with 3 option years.
2008 - $500,000
2009 - $550,000
2010 - $950,000
2011 - $2-million
2012 - $4.5-million
2013 - $6-million
Those are guaranteed money
2014 - $7.5-million or $3-million buyout
Gets paid 7.5 mil to play or 3 mil to not play.
2015 - $11-million or $1-million buyout of two-year option.
2016 - $11.5-million
Neither of those 3 look like player options, they seem like team options.
So, Longoria 'seems' like he has committed himself to 9 years of the Rays and the Rays have committed themselves to at least 6 years of Longoria.
Still a win-win.
Edit to Mike. Shields and Kazmir already have similar deals in place, as does Crawford. They won't have to re-negotiate anything in the off-season.
Evan Longoria
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