In May, the Cubs announced they signed Anthony Rizzo to a seven-year, $41M extension (2013-2019), plus club options for 2020-2021. The deal also includes several incentives which could bring to the total value of the extension to $73M.Below is a breakdown of the extension by year. 2013: $0.75M 2014: $1.25M 2015: $5M 2016: $7M 2017:…
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Tag Archives | Sports Contracts
Breaking Down Anthony Rizzo’s Extension
Written by Corey Turner in Sports Business
Should Major League Baseball Players Get Paid This Much Money?
Written by Matthew Gray in Sports Business
In 2010 the average salary in Major League Baseball surpassed $3 million for the first time. The 912 players in the big leagues before rosters expanded in September of 2010 averaged $3,014,572. The average rose 0.6 percent from the previous year’s $2,996,106, the smallest increase since a 2.5 percent drop in 2004. The union’s Opening Day average…