Shields can opt out of Padres' deal after 2 years and $31M - CBS News 8 - San Diego, CA News Station - KFMB Channel 8

Shields can opt out of Padres' deal after 2 years and $31M

Posted: Updated:

SAN DIEGO (AP) — James Shields can opt out his new contract with the San Diego Padres after two years and $31 million.

The 33-year-old right-hander finalized a $75 million, four-year deal Wednesday that calls for a $10 million salary this year and $21 million in each of the next three seasons. The Padres have a $16 million option for 2019 with a $2 million buyout that would be payable by Jan. 15, 2019.

Shields' deal gives him the right to terminate the contract no later than three days after the 2016 World Series and to become a free agent. San Diego would retain its right to make him a qualifying offer,

Shields gets a hotel suite on road trips as part of the deal.

The opt-out provision was first reported by Fox.

Copyright 2015 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

  • SportsMore>>

  • CBS 8 Bracket Buster Contest

    CBS 8 Bracket Buster Contest

    Welcome to CBS 8 Bracket Buster Contest! Make your bracket picks before the start of the tournament and play along!

     

    Welcome to CBS 8 Bracket Buster Contest! Make your bracket picks before the start of the tournament and play along!

     
  • New NFL rules likely coming, but not replay for penalties

    New NFL rules likely coming, but not replay for penalties

    Tuesday, March 19 2019 3:11 AM EDT2019-03-19 07:11:39 GMT
    Tuesday, March 19 2019 10:53 PM EDT2019-03-20 02:53:08 GMT
    (AP Photo/Gerald Herbert, File). FILE - In this Jan. 20, 2019, file photo, Los Angeles Rams' Nickell Robey-Coleman (23) breaks up a pass intended for New Orleans Saints' Tommylee Lewis during the second half of the NFL football NFC championship game in...(AP Photo/Gerald Herbert, File). FILE - In this Jan. 20, 2019, file photo, Los Angeles Rams' Nickell Robey-Coleman (23) breaks up a pass intended for New Orleans Saints' Tommylee Lewis during the second half of the NFL football NFC championship game in...
    (AP Photo/Gerald Herbert, File). FILE - In this Jan. 20, 2019, file photo, Los Angeles Rams' Nickell Robey-Coleman (23) breaks up a pass intended for New Orleans Saints' Tommylee Lewis during the second half of the NFL football NFC championship game in...(AP Photo/Gerald Herbert, File). FILE - In this Jan. 20, 2019, file photo, Los Angeles Rams' Nickell Robey-Coleman (23) breaks up a pass intended for New Orleans Saints' Tommylee Lewis during the second half of the NFL football NFC championship game in...
    The blatant non-call late in the NFC championship game caused a lot of consternation among Saints fans and led to calls for change in the NFL's replay system. 
    The blatant non-call late in the NFC championship game caused a lot of consternation among Saints fans and led to calls for change in the NFL's replay system. 
  • ESPN analyst Bilas thinks Louisville-Minnesota unnecessary

    ESPN analyst Bilas thinks Louisville-Minnesota unnecessary

    Tuesday, March 19 2019 1:01 PM EDT2019-03-19 17:01:20 GMT
    Tuesday, March 19 2019 9:13 PM EDT2019-03-20 01:13:13 GMT
    (AP Photo/Nell Redmond). Duke's Zion Williamson (1) celebrates after Duke defeated Florida State in the NCAA college basketball championship game of the Atlantic Coast Conference tournament in Charlotte, N.C., Saturday, March 16, 2019.(AP Photo/Nell Redmond). Duke's Zion Williamson (1) celebrates after Duke defeated Florida State in the NCAA college basketball championship game of the Atlantic Coast Conference tournament in Charlotte, N.C., Saturday, March 16, 2019.
    (AP Photo/Nell Redmond). Duke's Zion Williamson (1) celebrates after Duke defeated Florida State in the NCAA college basketball championship game of the Atlantic Coast Conference tournament in Charlotte, N.C., Saturday, March 16, 2019.(AP Photo/Nell Redmond). Duke's Zion Williamson (1) celebrates after Duke defeated Florida State in the NCAA college basketball championship game of the Atlantic Coast Conference tournament in Charlotte, N.C., Saturday, March 16, 2019.
    ESPN analyst Jay Bilas thinks Louisville-Minnesota matchup takes away from basketball. 
    ESPN analyst Jay Bilas thinks Louisville-Minnesota matchup takes away from basketball. 
Powered by Frankly
All content © Copyright 2000 - 2019 KFMB-TV. All Rights Reserved.
For more information on this site, please read our Privacy Policy, and Terms of Service, and Ad Choices.