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Mike Clevinger to Sox per Rosenthal

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5 hours ago, ChiliIrishHammock24 said:

It may have already been mentioned, but Robert Murray said something about the Clevinger deal not being a straight 1yr/$12M deal. That there is a 2nd year option and with the buyout it will reach $12M. Mentioned something about creatively shifting the money around.

 

So maybe since the first report we heard was "more than $8M" it could end up being something like 1 yr/$8.5M with a 2nd year option for "xxx" amount or a $4M buyout. We might end up with a few extra million for 2023 to work up to Jerry's self-imposed budget.

Where did he mention this?

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  • CentralChamps21
    CentralChamps21

    Now I wish Leury had been the union rep in 2021.

  • Aside from everything else, pretty sure he's suspended for a while.

  • Yeah. The clubhouse cancer stuff is a big yawn for me. So he didn’t quarantine properly on a road trip? Who cares.  Clevinger is a really solid pitcher. Thrilled to have him for $8M. 

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On 12/1/2022 at 12:47 PM, Chisoxfn said:

$10M for a guy with a 4.90 ERA over 145 starts. Man this is like giving Vince Velasquez 10M per year.  I get it - he has 130 innings split over 2 years that have been way better than the rest of his career - but its still just a handful of starts in each of those seasons, so SSS.  

I never understood Velasquez and this feels that way when you put the $10M on it.  

Giolito 4.33 over 147 starts

3 hours ago, Chicago White Sox said:

Where did he mention this?

On the Fansided podcast

On 11/27/2022 at 2:36 PM, hi8is said:

Probably with a club option at 12 and a 2 buyout

?

13 minutes ago, hi8is said:

?

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35 minutes ago, Chicago White Sox said:

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If Clevinger were super good, he’d have a 2nd year option at like $19.5 million that he’d potentially take. It would make sense for both sides to use that as a way to get a slightly higher guarantee this year and a slightly lower second year number.

  • Heads22 unpinned this topic
5 hours ago, ChiliIrishHammock24 said:

On the Fansided podcast

So I listened to this and Murray said it would include a mutual option, which is basically is just an easy way to defer some money to the following season.

What is taking so long for this to be official? 

57 minutes ago, Jack Parkman said:

What is taking so long for this to be official? 

Same

5 hours ago, Jack Parkman said:

What is taking so long for this to be official? 

Grilled onions.

3 minutes ago, Chicago White Sox said:

 

So this deal is outstanding again. Bravo honestly 

3 minutes ago, Chicago White Sox said:

 

$8 million for 2023 is a very nice deal.  Worry about the $4 million (or more) in 2024.

 

Although there’s a good chance that he breaks down, that looks like a more favorable deal for the Sox than straight up 1/12. Maybe they can acquire another SP to hedge the bet

Assuming the buyout is paid in 2024, I like this a lot better. 

I guess my question is if we exercise the mutual option for 2024 and Clevinger declines, are we off the hook for the $4M?  I assume the answer is yes, which would make this an ever better deal.

Just now, Chicago White Sox said:

I guess my question is if we exercise the mutual option for 2024 and Clevinger declines, are we off the hook for the $4M?  I assume the answer is yes, which would make this an ever better deal.

Same question I had. 

Just now, Chicago White Sox said:

I guess my question is if we exercise the mutual option for 2024 and Clevinger declines, are we off the hook for the $4M?  I assume the answer is yes, which would make this an ever better deal.

I believe they pay it

2 minutes ago, Chicago White Sox said:

I guess my question is if we exercise the mutual option for 2024 and Clevinger declines, are we off the hook for the $4M?  I assume the answer is yes, which would make this an ever better deal.

No. Option has to be exercised by both parties. It's either a 1/12 or 2/20 deal. 

It's just deferring $4M until next year. 

Edited by Jack Parkman

On Spotrac it shows the mutual option as already vested. It's a guaranteed $4 million. 

10 minutes ago, Chicago White Sox said:

I guess my question is if we exercise the mutual option for 2024 and Clevinger declines, are we off the hook for the $4M?  I assume the answer is yes, which would make this an ever better deal.

Mutual options are never exercised by both.. Basically it's a 1 year 12 million with 4 million of it deferred to after next season. The Sox will be on the hook for the additional 4 million even if they exercised it.

Edited by Dick Allen

Based on some of the deals given out since this was first announced I'm coming around to liking this deal more and more. After watching some of this 2022 highlights its good price for a #5 and I look forward to rooting for him.

19 minutes ago, Tnetennba said:

Assuming the buyout is paid in 2024, I like this a lot better. 

They can at least use it as a means to convince Jerry to spend more haha. 

19 minutes ago, Chicago White Sox said:

I guess my question is if we exercise the mutual option for 2024 and Clevinger declines, are we off the hook for the $4M?  I assume the answer is yes, which would make this an ever better deal.

That is not usually how mutual options work. Would be fantastic if Hahn was able to convince Clevengers representation To do that though.

Edited by ChiSox59

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