The San Diego Padres are incentivizing Japanese reliever Yuki Matsui after inking him to a $28 million, five-year deal that includes salaries of $3.25 million this year, $5.5 million in 2025, $5.75 million in 2026, $6.5 million in 2027 and $7 million in 2028, according to the Associated Press.
Should Matsui become the Padres closer, Matsui can earn $33.6 million over five seasons, and can opt out of the deal after three season and $14.5 million should his pitching elbow remain healthy.
Should Matsui have Tommy John surgery or has an elbow injury causing more than 130 consecutive days on the injured list spanning the 2024 and 2025 season, the Padres have a conditional $7 million option for 2028.
If the conditions for the team option aren’t met, Matsui has a $7 million player option for 2028.
