Mariners Notes: Olivo, Kennedy, Bard

Here are the contract details on three of the newest Mariners, courtesy of MLB.com's Greg Johns..

  • Catcher Miguel Olivo's two year contract includes a team option for 2013.  The veteran will make $2.75 this season, $3.5MM in 2012, and will receive a $750K buyout if his option is not picked up, bringing his guaranteed total to $7MM.  If the M's pick up his option in '13, Olivo will earn a base of $3MM that could rise to as much as $3.75MM based on how much he plays in '11 and '12.
  • Infielder Adam Kennedy will make $750K if he makes the big league roster.  The 35-year-old's contract includes playing-time bonuses that start kicking in at $50K for 350 plate appearances.  He could as much as $450K if he reaches 600 plate appearances.
  • Catcher Josh Bard will also earn $750K if he makes the major league squad.  Bard's bonuses begin at 300 plate appearances and could reach $250K for 500 plate appearances.
  • Both Bard and Kennedy can exercise an out clause if they're not on the major league roster by the end of March.


Leave a Reply

12 Comments on "Mariners Notes: Olivo, Kennedy, Bard"


jdkladsjl
4 years 6 months ago

I feel bad for Mariner fans :/

Eric
4 years 6 months ago

M’s fans just have to sit tight for 2011. It will be a year of adjustment for baseball in the Pacific Northwest. On the bright side, the 2011-2012 off-season will bring financial flexibility. Bradley (12M), Wilson (5M), money to the Cubs for Silva (5.5M), and money to the Royals for Betancourt (1M). That’s 23.5M in wasted player payroll.

4 years 6 months ago

It’s going to take a whole lot more than money to make them competitive. You do remember that they were the first ever 100 loss team with a 100+mil payroll.

4 years 6 months ago

Yes, it will take a whole bunch. In the meantime, Zduriencik turned trio of middling prospects into Cliff Lee who was turned into Smoak, Beavins, Lueke and someone else. The M’s will have a few kids on their roster this year that should be ready. The minor league system is starting to get full. There are a lot of good things to look forward to as an M’s fan. The thing that we aren’t having to deal with yet is Bavasi giving 5 years to Beltre, 4 years to Sexson, 4 years to Silva, 3 years to Washburn… and on and on.

4 years 6 months ago

They are two full years removed from that team, and one of those years where above .500. That fact really has nothing to do with anything involving the current team of the outlook for the future.

scott4
4 years 6 months ago

Actually, the future looks very bright for the M’s. ‘m not talking about ’11, but ’12, ’13, and beyond. The farm system has turned the corner and the M’s Latin American scouting team is outshining everyone with the players they have brought on the last 2 years.

PennMariner
4 years 6 months ago

You do remember that the person to spend the 100+ million was Bill Bavasi.

$3081341
4 years 6 months ago

The more we win, the more F.A.’s will wanna come here. Imagine all those contracts + a trade or 2 for some prospects.

raffish
4 years 6 months ago

And another high draft pick or two.

MadisonMariner
4 years 6 months ago

You kind of answer your own ill-posed questions within your own post.

1. “How much talent could the M’s get on the international amateur market with this money?”

Well, that’s just it, isn’t it? Pursuing IFA(international free agents who are amateurs) is all good and fine for 2016-2017, but how does signing the top 16 and 17-year old Dominican/Venezulean prospects now help out the 2011 team?

And, in fact, one of the biggers moves the M’s made this offseason was to sign arguably the top amateur IFA of the past IFA signing period, 17-year old Esteilon Peguero of the Dominican Republic.

But, we have to assume that , like most teams, the Mariners have certain budgets for the 25-man roster, the draft, and international free agents, and spending money on one doesn’t affect the others, necessarily. So, it’s not like signing the players mentioned in this post will prevent them from signing players in the IFA market, which they have(as my example shows.)

2. “What’s the point of signing these guys?”

Well, as I said in my response to your first question, the team has different budgets for the 25-man roster, the draft, and the international free agent market. Every team needs to fill out their 25 and 40-man rosters with players who can potentially contribute to making the team better–the M’s have needs at catcher and 2B(really, both 2B and SS), and the M’s are restricted from going after guys like Orlando Hudson or Victor Martinez(to use examples of free agent players who would fill needs similar to those that Olivo, Bard, or Kennedy would fill) based on payroll limitations, so they have to pursue lower cost free agents to fill their holes. Bard and Kennedy are on minor league contracts, so very little to nothing is guaranteed. Where’s the harm, then?

3. “Why are they holding onto King Felix?”

Why wouldn’t they? He’s under contract through the end of 2014, and so–even if they sucked last year, and will probably suck only slightly less this year–they’ve got plenty of time to rebuild arond him. It would be another thing entirely if Felix Hernandez were 28 or 29 and had only 1-2 years left before free agency. Instead, he’s 24 with 4 more years until he can become a free agent. That’s plenty of time for the Mariners to “right the ship”, so to speak.

Now, if in another 2 years(after the 2012 but before the 2013 season), they haven’t gotten close to .500 yet, we can resume this conversation. 😉

PennMariner
4 years 6 months ago

Thank you for writing this so I didn’t have to.

PennMariner
4 years 6 months ago

Perhaps you’ve forgotten Michael Pineda and Nick Franklin? Or perhaps you just don’t know who they are? Do you even follow baseball?