While White Sox fans are still floating in a cloud of euphoria with the signing of Yasmani Grandal yesterday, the team just announced a new contract with Jose Abreu.
https://twitter.com/whitesox/status/1197915574573182976?ref_src=twsrc%5Etfw
In total, Abreu will make $50 million over the next three seasons bringing his career earnings with the White Sox to $118 million when the new contract expires. There is a bit of creative accounting with the agreement that voids the $17.8 million qualifying offer he accepted last week.
In 2020, Abreu receives a $5 million signing bonus but his base salary will be $11 million, a savings of $6.8 million overall to the White Sox this season. That base salary gets boosted to $16 million in 2021, and in 2022, Abreu is scheduled to make $18 million but $4 million of that will be deferred.
With the new deal, Abreu is the 11th highest paid first baseman in 2020 behind Anthony Rizzo of the Chicago Cubs.
UPDATE 11:30 AM CT
More details from The Athletic's Ken Rosenthal:
Additional details on Abreu/#WhiteSox: Full no-trade until 11/1/2020 Ten-team no-trade from 11/1/2020 to 10/31/2021, five-team no-trade thereafter. Also: $4M of $18M salary in 2022 will be deferred and paid in four installments of $1M on July 1 each year from 2023 to ‘26.
— Ken Rosenthal (@Ken_Rosenthal) November 22, 2019
