The Royals’ offseason tires are still spinning.
Per his own Twitter account, Jeremy Guthrie announced that he and the Royals have agreed to a 3-year deal.
Jeremy Guthrie @TheRealJGuts
“3 more years in Kansas City! I couldn’t be more pleased & excited! Thanks to the Royals & all the great fans for your support.”
The terms of the contract are as follows:
3 years, $25 million
- 2013: $5 million
- 2014: $11 million
- 2015: $9 million
Guthrie’s contract breakdown is very interesting. With his payroll impact for 2013 being only $5 million, the Royals still have room to add at least one other starting pitcher – whether it be by making a trade or adding another free agent.
In 2014, where his payroll impact will be at it’s largest, Jeff Francoeur’s and possibly Ervin Santana’s contracts will be off the books.
After the Royals acquired him from the Rockies this past July, Guthrie went 5-3 with a 3.16 ERA in 14 starts and was easily the team’s most reliable starter in the second half. Guthrie has averaged around 200 innings over the past five seasons and owns a career 4.28 ERA.
Since the Royals’ 40-man roster was at capacity at the time of the deal, a corresponding move must be made. Today is the deadline for organizations to set their 40-man roster, so the Royals are likely not done making moves today. Stay tuned for updates.