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An option year on Lackey deal

Posted by Nick Cafardo, Globe Staff  December 23, 2009 03:21 PM

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The Red Sox built in a "conditional club option" at the minimum salary for the 2015 season into John Lackey's contract to protect them in case Lackey gets hurt, according to salary information obtained by Boston.com.

Highlights of Lackey's $82,791,426 deal include an $18 million salary in 2010 followed by salaries of $15,250,000 from 2011-2014. The conditional option in 2015 would force Lackey to play for the major league minimum (currently $400,000) if an old elbow injury forced him to miss significant time with surgery any time during the deal.

Lackey also received a signing bonus of $3.5 million. For awards, Lackey receives $50,000 for All Star; $75,000 for LCS/MVP; $100,000 for World Series MVP; $50,000 for Gold Glove; $500,000 for MVP ($100,000 for finishing second through fifth). If he's traded he receives $500,000. He also can purchase six premium seats to all home games, including spring training and the playoffs. He also gets a suite on the road.

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