Source: Penny's deal with Japan's Softbank Hawks: 1 yr, $4M plus $3.5M in performance bonuses, plus $4.5 mutual option for 2013. MORE
According to source, Penny deal is largest ever given to an American pitcher in his first contract with a Japanese team.
Seems like an awful lot to pay for someone that has not tossed a single inning in the NPB. Retaining D.J. Houlton would have made a lot more sense.
UPDATE @ 11:26am - Buster Olney tweeted that the 2013 mutual option becomes a player option if Penny either throws 150 innings or wins twelve games.
If Brad Penny throws 150 innings or wins 12 games for SoftBank Hawks in 2012, his $4.5 million mutual option becomes a player option.
UPDATE 2/8 @ 12:16am - Sports Hochi Osaka notes that close to 970M yen came off the books when the Hawks lost Tsuyoshi Wada, Toshiya Sugiuchi, D.J. Houlton, and Munenori Kawasaki. The Hawks have not made any direct comments about their contract with Penny, but did tell reporters that they signed a one-year deal and that they would want to re-sign him again next year if he does well.
A separate Sports Hochi articles lists a couple of things you can do with US$7.5M (or about 578M yen):
- 578,000,000 bills stacked on top of each other would measure about 5.78 meters, or the length of three Yu Darvishs.
- 1,388 years worth of beef bowls (gyu-don)
- 29 Mercedes Benz S Class cars, or 428 Toyota Corolla Axios
- 140 years worth of your average salary-man's salary