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.
OFFICIAL: The #Padres have signed RHP Garrett Richards to a two-year contract through the 2020 season. pic.twitter.com/95MA7yFKUw
— San Diego Padres (@Padres) December 7, 2018
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.
