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January
9th
2005
Out of the Frying Pan
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Millwoodland Indians

by Jessica Polko

Cleveland signed Kevin Millwood to a one-year, $7M contract yesterday. Millwood's $3M salary is guaranteed, but he will lose $21,857.92 for every day he's on the disabled list if he spends more than 20 days on the DL as a result of an elbow or shoulder injury incurred while pitching. That figure represents 1/183 of his signing bonus, since there are 183 days in the regular season. The contract also includes $1M in potential bonuses of which Millwood reportedly will receive the full sum if he pitches 215 innings or makes 34 starts.

Click here to read the previous article.

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