The Texas Rangers signed left-handed starting pitcher Martin Perez to a four-year, $12.5 million deal on Thursday.
According to ESPN Dallas/Fort Worth’s Richard Durrett, the contract includes club options for 2018, 2019 and 2020. With the signing, four members of the Rangers’ pitching rotation, which includes Yu Darvish, Derek Holland, Matt Harrison and Perez, is signed through at least the 2017 MLB season.
The Rangers dangled Perez a handsome multi-year contract after he went 10-6 with a 3.62 ERA in 20 starts in 2013, an improvment from his 1-4 record and 5.45 ERA the year before, per MLB’s official website.
Drew Davison of the Forth Worth Star-Telegram breaks down Perez’s new contract.
“Perez received a $1 million signing bonus and will make $750,000 next year, $1 million in 2015, $2.9 million in 2016 and $4.4 million in 2017. There is a $6 million club option with a $2.45 million buyout in 2018; a $7.5 million option with a $750,000 buyout in 2019; and a $9 million option with a $2.5 million buyout in 2020.”
With this, the 22-year-old Perez hailed the signing as “the most important day” of his young life.
“I don’t want to forget this moment and this day because I think it’s the most important day of my life. I want to thank the Rangers organization for trusting me and giving me the opportunity to stay here for at least four more years. I want to stay here my entire career. I’m still going to be the same person. I want to do my best and help this team compete for a World Series.
“Now that I have the money, I have to focus on playing baseball. You have to use the money, money can’t use you. I have to focus on playing baseball and learn something new every day to be a better pitcher and better person.”
For his part, Texas general manager Jon Daniels raved about Perez’s development and the solid pitching rotation his team has.
“He’s (Perez) always had good arm actions, good delivery, good stuff, but now he’s put it together and become a pitcher. Some of the advice that helped get him over the hump was…more about taking a deep breath, just concentrating, competing, pitch-by-pitch.
“To have that talent in the rotation, it’s an unusual position to be in for any franchise, but especially for ours, where the history been more of an offensive-dominated club, it’s a good feeling. Obviously as we saw with Matt (Harrison) this year, there’s no guarantees, but I’ll take my chances.”
Perez and Daniels can only hope the Rangers, who finished 91-72 (.558) in 2013 only to miss the postseason on the last day of the regular season, can turn things around.