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Umpbump exclusive: King Felix contract details

POSTED BY ON 12:43 pm, January 19, 2010 - POSTED IN Biz sense

ESPN is reporting the Mariners have signed King Felix to a contract extension. Buster Olney says it’ll be “a five-year deal in the neighborhood of $80 million.”

Umpbump has learned some more contract details. Don’t ask us how. We could tell you, but then we’d have to kill you.

Felix will earn a total of $78 million over five seasons. But wait, there’s more! There are escalator clauses!

Add $1 million if he wins a Cy Young.
Add $500K if he comes in second in the Cy Young voting.
Add $250K if he finishes third.

All of which would be added to all remaining years on the contract.

You heard it here first, folks.

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