Rays finalize $2M, 1-year deal with injured pitcher Eovaldi

By: Associated Press
February 14, 2017 Updated: February 14, 2017 at 4:10 pm
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photo - FILE - In this Sunday, July 24, 2016, file photo, New York Yankees starting pitcher Nathan Eovaldi throws during the first inning of the baseball game against the San Francisco Giants at Yankee Stadium in New York. The Tampa Bay Rays have finalized a $2 million, one-year contract with injured pitcher Nathan Eovaldi.
The 27-year-old right-hander is expected to miss the 2017 season while recovering from Tommy John surgery last August, when he was with the New York Yankees. (AP Photo/Seth Wenig, File)
FILE - In this Sunday, July 24, 2016, file photo, New York Yankees starting pitcher Nathan Eovaldi throws during the first inning of the baseball game against the San Francisco Giants at Yankee Stadium in New York. The Tampa Bay Rays have finalized a $2 million, one-year contract with injured pitcher Nathan Eovaldi. The 27-year-old right-hander is expected to miss the 2017 season while recovering from Tommy John surgery last August, when he was with the New York Yankees. (AP Photo/Seth Wenig, File) 

PORT CHARLOTTE, Fla. (AP) — The Tampa Bay Rays have finalized a $2 million, one-year contract with injured pitcher Nathan Eovaldi, a deal that allows him to earn an additional $5.5 million in 2018.

The 27-year-old right-hander is expected to miss the 2017 season while recovering from Tommy John surgery last August, when he was with the New York Yankees. The deal includes a $2 million club option for 2018.

Eovaldi can earn $3.5 million in performance bonuses each year as a starter and $3 million as a reliever.

He was 9-8 with a 4.76 ERA in 21 starts and three relief appearances last season and is 38-46 with a 4.21 ERA over parts of six seasons with the Yankees, Los Angeles Dodgers and Miami Marlins. His best season was 2015, when he was 14-3 with 4.20 ERA with New York.

To make room on the 40-man roster, the Rays designated right-handed reliever Eddie Gamboa for assignment.

Eovaldi can earn $1.75 million annually based on starts: $150,000 for 22, $250,000 for 24, $350,000 for 26, $450,000 for 28 and $550,000 for 30. He also can make $1.75 million based on innings as a starter: $150,000 for 160, $250,000 for 170, $350,000 for 180, $450,000 for 190 and $550,000 for 200.

He could earn $750,000 for relief innings: $100,000 for 40, $125,000 for 45, $150,000 for 50, $175,000 for 55 and $200,000 for 60. Eovaldi also could make $750,000 for relief appearances: $100,000 for 40, $125,000 for 45, $150,000 for 50, $175,000 for 55 and $200,000 for 60.

He has $1.5 million in bonuses for games finished: $125,000 each for 25 and 30, $150,000 for 35, $175,000 for 40, $200,000 for 45, $225,000 for 50 and $250,000 apiece for 55 and 60.

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