The New York Post’s Joel Sherman (@joelsherman1) is reporting on Twitter that the Kansas City Royals and Jeremy Guthrie have re-structured his contract, adding an option and giving him less money in 2014.
Originally, Guthrie was slated to receive $11 million in 2014 and $9 million in 2015. Now he will receive $8 million in 2014 and also has a mutual option for 2016 that can be exercised at $10 million OR his contract can be bought out for $3.2 million. Essentially, Guthrie receives the same amount of guaranteed money.
The 2014 salary break will likely be used for arbitration and potentially signing some minor league depth. Per MLB Trade Rumors, the list of arbitration eligible players for the Royals includes Greg Holland, Eric Hosmer, Emilio Bonifacio, Tim Collins, and Justin Maxwell.
Guthrie pitched a career high in innings last season at 211.2 IP and posted a 4.04 ERA. His current contract came as a result of a stellar performance after being traded from the Colorado Rockies at the deadline in 2012. Guthrie and James Shields look to anchor the rotation of Kansas City going into the future as Ervin Santana looks to be headed elsewhere.
Tags: Kansas City Royals