Breakdown of Chad Green’s complex contract with the Blue Jays: Sources

Reliever Chad Green and the Blue Jays are in agreement on a contract. Here’s a breakdown of the complex contract, via sources.

Free-agent reliever Chad Green and the Toronto Blue Jays are in agreement on a contract, according to sources familiar with the deal. Green has already passed the physical and the deal is done.

Green, 31, underwent Tommy John surgery in May and is likely to miss at least half the 2023 season. Had Green not undergone season-ending surgery, he would have been among the best relief pitchers in free agency. Still, he garnered interest from over two-thirds of the league and was among the Blue Jays’ top targets in free agency, with the organization staying in consistent contact with the free-agent right-hander all offseason.

Here’s a breakdown of his complex contract, according to sources:

• 2023: $2.25 million.
• 2024-2026: $9 million club option that must all be exercised/declined at the same time.
  • $500,000 for 60, 65 games.
• If the 2024-2026 club option is declined, it turns into a $6.25 million player option.
• If both the 2024-2026 club option and 2024 player option are declined, there’s a club option for 2024-2025 for $10.5 million per season.