Reliever Seth Lugo, Padres finalize $15M, 2-year contract
SAN DIEGO (AP) — Free-agent reliever Seth Lugo and the San Diego Padres finalized a $15 million, two-year contract on…
SAN DIEGO (AP) — Free-agent reliever Seth Lugo and the San Diego Padres finalized a $15 million, two-year contract on Thursday.
Lugo gets a $7.5 million salary next season, and his deal includes a $7.5 million player option for 2024.
He could earn $500,000 in performance bonuses for games as a relief pitcher: $100,000 each for 40, 45, 50, 55 and 60. Lugo also could earn $1.5 million for starts: $250,000 each for 10, 14, 18, 22, 26 and 30.
He gets a hotel suite on road trips.
A 33-year-old right-hander, Lugo went 3-2 with a 3.60 ERA and three saves over 62 outings and 65 innings with the Mets last season. A converted starter, the versatile right-hander spent his first seven big league seasons with New York.
San Diego finished second in the NL West at 89-73 in manager Bob Melvin’s first season and lost the NL Championship Series to the Philadelphia Phillies.
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