Hughes and Yankees agree at $3.2 million
Monday, January 16, 2012
NEW YORK (AP) -- Right-hander Phil Hughes and the New York Yankees have agreed to a $3.2 million, one-year contract, a raise of $500,000 that followed an injury filled season.
Hughes can make an additional $225,000 in performance bonuses under Monday's deal: $50,000 for 20 starts, and $25,000 each for 23, 26, 29, 30, 31, 32 and 33 starts. The deal is not guaranteed.
A 25-year-old right-hander, Hughes was 5-5 with a 5.79 ERA in 14 starts and three relief appearances last season, down from an 18-8 record the previous year. He was sidelined from April 15 to July 6 because of an inflamed right shoulder, then was bothered by a herniated disk in his back in September.