Update 10:21 a.m.: Courtesy of Gregg Bell of Associated Press, here are the precise breakdowns of Griffey’s incentives:
Griffey would get $100,000 in bonus money for reaching 350 plate appearances next season, and $200,000 each for 400, 450 and 500 plate appearances.
Once he reaches 350 plate appearances, he receives $100,000 if the Mariners draw 2.3 million fans to Safeco Field. He gets another $100,000 for 2.35 million fans. The bump goes to an additional $150,000 for 2.4 million in attendance and 400 plate appearances, $150,000 more for 2.45 million fans and $150,000 extra for 2.5 million.
Associated Press has obtained Ken Griffey Jr.’s conract figures for 2010, as they are known to do, and it’s pretty close to what has been reported.
Griffey can earn nearly $4 million in 2010 after making $3.15 million last year. His maximum earnings in 2009, if he had hit all his incentives, was $5 million.
Griffey’s contract still requires that he take his physical examination before it becomes guaranteed. But relax, this deal isn’t going to unravel. The two sides decided it wasn’t prudent to do the exam when he reached contract agreement on Feb. 19, because he was still healing from his recent knee surgery. Griffey is expected to take his physical in January, and neither side expects him to have any problem passing. The Mariners’ medical people were encouraged by the report they got from Timothy Kremchek, the Cincinnati Reds doctor who performed the arthroscopic surgery on his left knee. If and when Griffey passes his physical, finalizing the contract would be a mere formality. No one I’ve talked to expects any issues that would provent the contract from becoming official.
According to the AP figures, Griffey will receive a $2.35 base salary in 2010. The Seattle Times had reported upon Griffey’s signing on Feb. 19 that his base would be slightly higher than last year’s, and indeed it was. His base in 2009 was $2 million.
Griffey will earn $3.9 million if he again has at least 400 plate appearances, Seattle has an increased home attendance of 2.5 million fans and Griffey again does not go on the disabled list while remaining on the roster for the entire season, AP said.
Last year, Griffey earned $1.15 million of a potential $3 million in bonuses based on playing time and attendance.
(Photo by Associated Press)