Chad Billingsley, Dodgers complete three-year, $35-million contract extension [Updated]
Chad Billingsley’s three-year contract extension with the Dodgers became official Tuesday.
[FOR THE RECORD: Club option: An earlier version of this post stated that the contract includes a $14-million club option for 2014. The option is for 2015.]
Billingsley will be guaranteed $35 million from 2012-2014.
The right-handed pitcher will earn $9 million in 2012, $11 million in 2013 and $12 million in 2014. The contract includes a $14-million club option for 2015; if the Dodgers decline the option, they would owe Billingsley a $3-million buyout.
If the option is picked up, the deal would be worth a total of $46 million.
The deal includes a limited no-trade clause that allows Billingsley to block trades to 10 teams.
Billingsley was already under contract for the upcoming season for $6.275 million.
Billingsley’s agent, Dave Stewart, said he was contacted by assistant general manager Kim Ng shortly after avoiding arbitration and settling on a 2011 salary.
Stewart said he initially told Billingsley that he thought he should wait until the end of the season to explore an extension but that his client told him he wanted to get a deal done as soon as possible.
-- Dylan Hernandez
On the surface this appears to be a good thing. Then again if Ned did it, I'm sure it's wrong and it will backfire.
Posted by: McCourt blows | 03/29/2011 at 04:46 PM
Halleluiea!!!!!!
Posted by: OldBrooklynFan | 03/29/2011 at 05:29 PM
WOOHOO!!!!!!!!! Another sorry player for 3years! I dont care what you people say, Bills sucks and is not much better than Lilly (youth only). He has shown the ability to be weak mentally, just like other Dodger greats, see Broxton and Lowe.
Posted by: Joe Shmegly | 03/29/2011 at 11:46 PM
career stats--
57-62, 3.45 era, 1.218 whip, 7.4 ks/9
59-41, 3.55 era, 1.353 whip, 8.2 ks/9
Majority of teams would kill to have a 26 year old with these career stats. I'll take them both (1st one is matt cain, 2nd is bills)
How is this not a good signing?
Posted by: TBone | 03/30/2011 at 11:43 AM
This sounds like Darren Dreifort Part II
Posted by: Anthony | 03/30/2011 at 03:50 PM