Garret Richards, Padres finalize $15.5M, 2-year contract

garret richards Los Angeles Angels of Anaheim v Minnesota Twins
Posted at 10:21 AM, Dec 08, 2018
and last updated 2018-12-08 13:21:33-05

SAN DIEGO (AP) — Free agent pitcher Garrett Richards and the San Diego Padres have finalized a $15.5 million, two-year contract.

Richards will earn $7 million next year and $8.5 million in 2020 as part of the deal announced Friday. He can earn an additional $2.5 million annually in performance bonuses: $250,000 for each start from 21 through 30.

Richards was 5-4 with a 3.66 ERA last season for the Los Angeles Angels before reconstructive surgery in July. The 30-year-old right-hander was 45-38 with a 3.54 ERA with the Angels since 2011.

Due to his recent surgery, Richards may not be taking the mound until the 2020 season.

Infielder Carlos Asuaje was designated for assignment to clear a roster spot.