Compensation
Years | Description | Salary |
18 yr | Previous | $403,351,666 | 18 yr | Total | $403,351,666 |
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Service Time | Agent | Contract Status |
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17 y 2 d | ISE | 2 years/$86,666,666 (2023-24), '25 optio |
Details |
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- 2 years/$86,666,666 (2023-24), plus conditional 2025 player option. Signed by NY Mets as a free agent 12/5/22. 23:$43,333,333, 24:$43,333,333, 25: conditional $35M player option triggered if 1) Verlander pitches 140 innings in 2024 and 2) an independent physical exam determines Verlander does not have a right arm injury which would prevent him from being on the active roster for Opening Day 2025. Award bonuses: $200,000 each for MVP or Cy Young ($150,000 for second place in MVP or Cy Young vote, $150,000 for third). $150,000 for WS MVP. $100,000 for LCS MVP. $100,000 for All Star. Full no-trade protection. Perks: hotel suite on road. Right to lease Citi Field luxury suite for home games. Acquired by Houston in trade from NY Mets 8/1/23 (Mets to pay $35M of $57,544,802 remaining guaranteed money and $17.5M of $35M salary if conditional player option for 2025 is triggered).
- 1 year/$25M (2022), plus 2023 conditional player option. Re-signed by Houston as a free agent 12/1/21. With 130 innings pitched in 2022, Verlander has 2023 player option at $25M.
- 2 years/$66M (2020-21). Signed extension with Houston 3/24/19. Award bonuses: $200,000 for Cy Young ($175,000 for second in vote, $150,000 for third, $125,000 for fourth, $100,000 for fifth). $100,000 for WS MVP. $75,000 for All Star, Gold Glove, LCS MVP. Full no-trade protection. At signing, highest-ever average annual value for a pitcher. Houston made qualifying offer 11/21. Verlander rejected qualifying offer 11/17/21.
- 7 years/$180M (2013-19), plus 2020 option. Signed extension with Detroit 3/29/13, replacing final two years of previous deal. 13:$20M, 14:$20M, 15:$28M, 16:$28M, 17:$28M, 18:$28M, 19:$28M. 20:$22M option. 2020 option vests with Top 5 in 2019 Cy Young vote. Award bonuses, including $0.1M for All-Star selection. No-trade protection. Acquired by Houston in trade from Detroit 8/31/17 with $60,743,169 remaining on contract. As part of the deal, Tigers to pay Astros $17,355,191 ($1,355,191 on 10/15/17, $8M on 6/15/18 and $8M on 6/15/19). Verlander retains full no-trade protection and agreed to waive 2020 vesting option.
- 5 years/$80M (2010-14). Signed extension with Detroit 2/4/10 (avoided arbitration, $9.5M-$6.9M). $0.5M signing bonus. 10:$6.75M, 11:$12.75M, 12:$20M, 13:$20M, 14:$20M. Award bonuses, including $0.5M for Cy Young.
- 1 year/$3.675M (2009). Re-signed by Detroit 2/3/09 (avoided arbitration, $4.15M-$3.2M).
- 5 years/$4.5M (2005-09). Signed Major League contract with Detroit 10/04. $3.12M signing bonus (paid 2005-09). 05:$100,000, 06:$150,000, 07:$200,000, 08:$250,000, 09:$600,000. Salaries in majors: 05:$316,000, 06:$350,000, 07:$400,000, 08:$500,000. $900,000 in performance bonuses. If he would otherwise qualify for arbitration, Verlander may opt out and file for arbitration. Recalled 7/05. Optioned to Double-A 7/05. Recalled 7/05. Optioned to Triple-A 7/05.
- Drafted by Detroit 2004 (1-2) (Old Dominion).
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BP Annual Player Comments
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