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Tony Jackson of the Daily News gets the dates of payment for Odalis Perez's $4.5 million signing bonus: between November 2006 and November 2007. Yep, that's right. For 2005, Perez is taking a paycut from $5 million to $3 million.
Over the next two years of his contract, however, Perez will earn $19.5 million - this damage coming when the approximately $15 million owed to Shawn Green and Darren Dreifort is history.
Jackson also clarifies the additional $1 million in possible incentives Perez can earn: each year, $150,000 for pitching 185 innings, another $150,000 for pitching 200 innings, another $200,000 for pitching 215 innings.
In the past three seasons, Perez has pitched 222 1/3, 185 1/3 and 196 1/3 innings.
The 2005 Dodger payroll is now at about $88 million. Additional savings for 2005 could come soon, if we find that Derek Lowe's contract is also backloaded.
Meanwhile, Rob McMillin at 6-4-2 has information and analysis of the just-revealed escape clause in J.D. Drew's contract that allows him to opt out after the 2006 season.
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