Worth Every Schilling

It's a done deal.

Curt Schilling and the Red Sox have finalized the deal that will bring him back for his final season as a MLB pitcher.

From Boston.com

Curt Schilling and the Red Sox finalized a one-year, $8 million contract today, the pitcher announced on his web site.

According to Schilling, the deal includes a possible $6 million in incentives in addition to his base salary: $2 million in weight incentives, $3 million based on innings pitched, and $1 million if he receives a Cy Young vote.

Schilling made the announcement on his blog with the permission of the Red Sox front office.

The deal looks like this.

$8 million in guaranteed base salary

$2 million in bonuses for 6 seperate (sic) weigh ins.

I inserted the weigh in clause in the 2nd round of offers, counter offers. Given the mistakes I made last winter and into Spring Training I needed to show them I recognized that, and understood the importance of it. Being overweight and out of shape are two different things. I also was completely broad sided by the fact that your body doesn’t act/react the same way as you get older. Even after being told that for the first 39 years of my life. Now I can’t get on Dougie anymore, which sucks, and I am sure the clause will add 15-100 more jokes to Tito’s Schilling joke book.

$3 million in IP incentives based on IP totals.

$1 million for receiving a Cy Young vote, any vote.

Schilling added that he left money on the table.

Did I ‘leave’ money on the table, yes. Could I have gotten another year? I think so. In talking with my advisor Ed Hayes, assessing the market place and current free agent crop as well as existing contracts. Looking at the teams that called, my best guess would be around 14-15 million for a 1 year deal with the potential to get 25-30 for a two year deal.