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November 07, 2013

Breakdown of Martin Perez's contract

The Texas Rangers announced they signed left-hander Martin Perez for the next four seasons with club options the following three through 2020 on Thursday afternoon.

Perez received a $1 million signing bonus and here's how the rest of his guaranteed $12.5 million contract breaks down.

2014: $750,000

2015: $1 million

2016: $2.9 million

2017: $4.4 million

2018: $6 million with a $2.45 million buyout

2019: $7.5 million with a $750,000 buyout

2020: $9 million with a $250,000 buyout

-- Drew Davison

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