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A signing bonus or sign-on bonus is a sum of money paid to a new employee (including a professional sports person) by a company as an incentive to join that company. [1] They are often given as a way of making a compensation package more attractive to the employee (e.g., if the annual salary is lower than they desire).
Edman’s five-year deal had a $17-million bonus. Betts’ 12-year mega-extension featured $65 million in a signing bonus (though that amount is being paid out in equal annual payments over 15 years).
These figures include signing bonuses but exclude options, buyouts, and the endorsement deals. This list does not reflect the highest annual salaries or career earnings, only the top 100 largest contracts and thus is largely limited to athletes in team sports and auto racing.
Meanwhile, Sasaki's NPB team, the Chiba Lotte Marines, will receive a posting fee worth 20% of the signing bonus. In four seasons with the Marines, Sasaki posted a 2.02 ERA and 0.883 WHIP with 524 ...
Pivetta gets a $3 million signing bonus and salaries of $1 million this year, $19 million in 2026, $14 million in 2027 and $18 million in 2028. A native of Victoria, Canada, who turned 32 on ...
All-Star left-hander Cole Ragans and the Kansas City Royals agreed Friday to a $13.25 million, three-year contract. Ragans gets a $250,000 signing bonus and salaries of $1 million this year, $4.5 ...
In theory, there are two main benefits derived from salary caps – promotion of parity between teams, and control of costs. [5] [6] [7]Primarily, an effective salary cap prevents wealthy teams from certain destructive behaviours such as signing a multitude of high-paid star players to prevent their rivals from accessing these players, and ensuring victory through superior economic power.
Winker gets a $1 million signing bonus, a $6.5 million salary and the chance to earn $1.5 million in performance bonuses for plate appearances: $250,000 for 350, $500,000 each for 400 and 450 and ...