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Adams’ Option Can Void Based on Health

Posted by Corey Seidman, Fri, January 11, 2013 01:16 PM | Comments: 2
Analysis, Transactions

Mike Adams’ third-year option with the Phillies can be voided if he suffers an elbow or shoulder injury in 2014 that prevents him from starting the 2015 season, according to the Inquirer.

Adams is set to earn $12 million over two seasons from the Phillies. If he makes 65 appearances in 2014 — as he’s done just twice in eight seasons — his $6 million option for 2015 vests. If Adams combines for 120 appearances over 2013 and 2014, the 2015 salary increases to $6.5 million. It means that Adams’ deal can be worth up to $18.5 million over three years.

John Lannan, signed to a one-year, $2.5-million deal, can earn up to $5 million through incentives. Raises of $200,000 a pop kick in at 150, 160, 170, 180 and 190 innings. If Lannan eclipses 200 or 210 innings, he earns separate bonuses of $250,000. He also would earn a quarter of a million dollars for each start from 31-34. If Lannan makes 34 starts and pitches 210 innings, he’d reach the full value of his contract and earn $5 million. His career-highs in starts is 33 (reached twice) and innings is 206 1/3.

Luxury tax calculations aren’t made until the end of the season, once player bonuses are taken into account, and Lannan’s effectiveness will impact the Phils’ payroll. Though if he reaches the full value of his deal, it will mean that he averaged more than six innings per start and didn’t miss any time with injury, in which case the Phillies will be glad to pay out the extra $2.5 million.

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About Corey Seidman

Corey Seidman has written 210 articles on Phillies Nation.

Corey is Analysis Editor for Phillies Nation and also writes for CSNPhilly.com.

 
 
  • Posts: 0 Bob in Bucks

    I would say your headline is misleading. The two year contract cannot be voided. Only the third year option.

     
  • Posts: 0 hk

    Corey,

    Am I correct that meeting the second option is dependent upon him meeting the first? In other words, if Adams makes exactly 60 appearances in both years, he will not be under contract for 2015 because he will have met the 2nd criteria (120 games combined in 2013 and 2014), but not the first (65 games in 2014)?

     
 
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