Winter Meetings wrap; Capps’ contract details

MINNEAPOLIS — The Winter Meetings are over, and the Twins left Dallas having signed only Matt Capps to a one-year deal with an option for 2013.

In case you’re curious, Capps is set to make $4.5 million in ’12, and has a club option for ’13 worth $6 million with a $250,000 buyout.

He also has a range of performance bonuses in ’12, including $250,000 bonuses for finishing 50, 55 and 60 games; and a $500,000 bonus for finishing 65 games.

For context, Capps finished just 35 games last season, but when he was a full-time closer in ’10, he finished a career-high 66 games. He also finished 50 games in ’09 with the Pirates.

He would also receive $250,000 for being named an All-Star, $50,000 for being the ALCS MVP and $100,000 for being World Series MVP.

And if he wins the AL MVP, he would earn $100,000, or $75,000 for a second-place finish or $50,000 for a third-place finish. But I’m sure the Twins aren’t too worried about those bonuses. Jamey Carroll and Ryan Doumit also have similar bonuses tied to the AL MVP as well.

The Twins, though, did make a few other moves at the Winter Meetings, and have a three-year offer on the table for Michael Cuddyer. For details on what transpired at the Hilton Anatole, click here.

1 Comment

do the twins have any interest in hiroki kuroda?

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Follow

Get every new post delivered to your Inbox.

Join 69 other followers

%d bloggers like this: