Kemp, Dodgers Sign Eight-Year Extension

Dodgers fans are looking forward to new ownership next season, and now they have certainty about their cornerstone center fielder.  The Dodgers and Matt Kemp signed an eight-year, $160MM extension today, which ties for the seventh-richest contract in MLB history.  

Kemp obtains a $2MM signing bonus and earns a $10MM salary in 2012, according to Dylan Hernandez and Mike Hiserman of the LA Times.  $2MM of Kemp's '12 salary is deferred without interest, so the Dodgers only take an $8MM payroll hit next year. The deal does not include a full no-trade clause, according to Jim Peltz of the LA Times.

Kemp

Kemp, 27, did not want to discuss an extension once his 2012 contract year began.  He might have earned $15MM+ through arbitration for '12, so the new deal buys out seven free agent seasons at more than $20MM each.  At $160MM, Kemp ties Manny Ramirez's free agent contract from 11 years ago as the seventh-largest in MLB history, for now.  Prior to Kemp, the biggest contract in Dodgers history was Kevin Brown's $105MM deal in December of '98.  Kemp is represented by former pitcher Dave Stewart.  

Kemp is expected to finish highly in the NL MVP voting later this month after breaking out with a .324/.399/.586 line and 39 home runs in 689 plate appearances this year.  Outside of 2010, UZR has shown Kemp to be roughly an average defender in center field.

Earlier this month, owner Frank McCourt agreed to sell the Dodgers.  GM Ned Colletti was able to lay the groundwork for the Kemp deal despite the uncertainty surrounding the team when McCourt appeared headed for a bankruptcy trial.

With Kemp off the board, here's a look at those eligible for free agency after the 2012 season.

Ken Rosenthal of FOX Sports broke the story, with SI's Jon Heyman tweeting news of the agreement.

Photo courtesy of Icon SMI.


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87 Comments on "Kemp, Dodgers Sign Eight-Year Extension"


Member
Ben_Cherington
3 years 7 months ago

But we were gonna trade for him:(

Great price if he can repeat this production, but risky since he might revert back to 2010!  Good luck Matt and congrats Dodger fans!

Edit: My new prediction: Kemp will be next Ryan Braun, for the next 3 yrs he will have his contract extended 5 yrs each year, thus having a 23 yr contract!

Member
Gumby65
3 years 7 months ago

I don’t think, barring any serious injury, you will see the “lost” Kemp of 2010.  In 2011, you saw his potential coming into fruition, and his true character has shown as well.  The REAL Matt Kemp has stood up.

Member
3 years 7 months ago

As the opposing team, I wish he’d sit down.

Member
BlueSkyLA
3 years 7 months ago

I sure hope you’re right, but we have seen players slack off after a big payday. That, and sometimes the pressure to perform at an expected level leads to choke city. Management must have confidence in Kemp’s maturity being developed enough to deal with either possibility. We as fans can’t make any judgement because we don’t really know the man.

Guest
3 years 7 months ago

Kemp is already a better fielder that Braun has ever been. If Colletti didn’t mess up Kemps head in 2010 he would have done a lot better. Colletti is like sand in engine oil, bad news, worse GM in Baseball.

Member
start_wearing_purple
3 years 7 months ago

Damn. I expected this to drag out a few more weeks. Congrats Kemp and Dodgers fans. Even at $20M a year this could be a potentially great move by the Dodgers.

Member
Guest
3 years 7 months ago

Wasn’t there just a story the other day where the Dodgers where told NOT to hand out any large contracts? Not saying I disagree with the signing, it just doesn’t seem feasible at this time. Plus doing something like this after a career year is questionable. Let’s hope Kemp keeps it going.

Member
Ben_Cherington
3 years 7 months ago

I hate when I agree with you. 

Member
Sajju Shah
3 years 7 months ago

they were told not to sign any marquee FA’s such as Fielder or Pujols. Kemp is excluded since he is currently with the team. 

Member
Guest
3 years 7 months ago

It just seems to contradict the real reason why that statement was made. Understandable they want to retain their own talent.  

Member
Sajju Shah
3 years 7 months ago

I concur…however I think it was a sign to Dodgers brass to not even think about speaking to Fielder or Pujols without locking up Matty first. 

Guest
3 years 7 months ago

keeping Kemp helps the value of the club. With him we are an average team who is a piece, or three, away from the playoffs. Without him we are the Pirates with better pitching.

Member
Ben_Cherington
3 years 7 months ago

or five

Member
Ben_Cherington
3 years 7 months ago

or seven

Member
Ben_Cherington
3 years 7 months ago

Stop talking to me!

Member
Guest
3 years 7 months ago

Sure it adds value, but at what cost. It just makes things a bit more lopsided in a sale. You now have a large portion of revenues being spent in one place. The more I think about it, the less I like this signing. Not because of Kemp, but because of the place the Dodgers are in right now. 

Member
neoncactus
3 years 7 months ago

Kemp is an asset because the team is getting his services.  I think it helps the value instead of hurting it.  If you’re a potential owner, you know that your best hitter is locked up for the next eight years and the contract is pretty much market value.  I think the value would be hurt if a new owner knew coming in he was facing a bidding war with the Yankees and who knows how many other teams for Kemp after next season. 

And if a potential owner has a problem paying Kemp that money over the next several years, then they shouldn’t be owner of the Dodgers.

Guest
3 years 7 months ago

? Kemp was gonna get 16 million this season anyways, they haven’t really committed more money to the  2012 payroll

Guest
3 years 7 months ago

Only in big business can you “Finance a mansion while waiting on your Bankruptcy trial”.

Member
vtadave
3 years 7 months ago

It would have been much more questionable for the Dodgers to have let him go.

Member
Drew Tweedie
3 years 7 months ago

Good job Dodger brass. Kemp’s an exciting player to watch and an infuriating player to cheer against.

Member
Rick Garcia
3 years 7 months ago

Great job by the front office here.