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Justin Verlander paid immediate dividends for his new Salary Extension in the Tigers Season Opener on the road yesterday at Target field, throwing 5 scoreless Innings and fanning 7 batters. Verlander anchors a talented Detroit Pitching Rotation that features Max Scherzer, Doug Fister, Anibal Sanchez and Rick Porcello. Detroit GM Dave Dombroski is smart enough to realize that there is possiblu a small 3 year window with Fielder, Cabrera and the former AL Cy Young Award Winner all on the same team signed – and primed for another World Series Title push with this move.
By Matthew Lafave (Tigers Correspondent)
And there was much rejoicing….
No worries, the ‘Holy Grail’ of Detroit will be a Tiger through 2019. Last Friday afternoon, Justin Verlander inked a record-breaking 5-year contract extension.
He will earn $20 Million this season and next season, then a whopping $28 Million per year for the next five seasons.
In case math isn’t your strong suit, that’s a total of $180 Million. The deal also includes a vesting option for 2020 that’s worth $22 Million. So he could potentially earn $202 Million over the next 8 years.
What is a Vesting Option? It’s basically a clause that reassures teams from overpaying to declining players. While we don’t officially know the Vesting Option clause, it is said to be based on Cy Young Award balloting (as reported by Larry Lage, AP).
Justin Verlander Highlights – Highlights from 2012 – Mature Lyrics so Parental Guidance are advised.
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