December 14, 2012 |
Zack Greinke's six-year deal with the Dodgers could be worth as much as $158 million, according to a person familiar with the details of the contract. But it's unlikely Greinke will collect the full amount, as it would require him to win six Cy Young Awards and be traded. Greinke's contract is guaranteed for $147 million. He will be paid a signing bonus of $12 million in several installments from this month to February 2014. His annual salary breakdown is as follows: 2013: $17 million 2014: $24 million 2015: $23 million 2016: $24 million 2017: $23 million 2018: $24 million Greinke's base salary in 2018 will increase to $26 million if he pitches 1,000 innings in his first five years of the contract.
November 26, 2012 |
Evan Longoria says he wants to be with the Tampa Bay Rays for his entire big league career. The slugging third baseman got his wish Monday when he and the Rays agreed to a $136.6-million, 10-year contract that adds six guaranteed seasons and $100 million. "I always wanted to be kind of a benchmark player … the guy that you could think about or associate with the organization," Longoria said. "My goal from day one was to be the first player that played their whole career here, to be the first guy that came into the organization and went out in the organization, and played all the years in between.
October 18, 2012 |
When CBS Corp. chief executive Leslie Moonves signed a new contract this week, he was awarded additional stock and option grants above his typical allotment. Moonves received additional company shares worth $14.5 million, which will vest in 2014 and 2015, according to a filing Thursday with the Securities and Exchange Commission. Separately, Moonves received options worth $7.5 million. Those vest next year. Moonves' new contract extended the 63-year-old media executive's departure date to June 2017.
December 6, 2013 |
Fox Sports West/Prime Ticket has reached agreement with the Southern Section on a "long-term agreement" for web and television coverage. The new contract begins in 2014. Fox Sports West and Prime Ticket have been televising games since 1997 when it began a local game of the week. The contract is for six years, according to a source who was not authorized to speak publicly about the agreement. Eric.email@example.com
December 13, 2012 |
This post has been corrected. See below for details. CBS has won an at-times bitter fight to hold on to its contract to sell advertising on Los Angeles County buses and trains. The board of the Los Angeles County Metropolitan Transit Agency voted 7-2 Thursday to approve CBS' bid of $110 million for a five-year renewal agreement that will start in 2013. CBS has held the contract for more than 30 years. CBS faced competition from outdoor advertising company Titan, which bid $117 million in an effort to snag the contract.
CALIFORNIA | LOCAL
April 9, 2013 |
Citing pending litigation, Los Angeles city attorney candidate Mike Feuer on Tuesday said he won't release a copy of his unusual “win-bonus” contract with campaign consultant John Shallman. The Times had requested copies of both the original contract and modifications Feuer said he made after coming in first in the four-way primary last month. He has since been sued by a supporter of incumbent City Atty. Carmen Trutanich over the contract. “Following discussions with our counsel, given the pending litigation, we aren't releasing the contracts at this time,” Dave Jacobson, Feuer campaign spokesman, said in an email.
March 21, 2011 |
After less than three weeks of talks, the Writers Guild of America and Hollywood's major studios have reached an agreement on a new three-year contract. The tentative agreement includes a 20% increase in pay-TV residuals, a 2% increase in annual wage rates and an increase in employer pension contributions to 7.5% from 6%, according a letter the WGA sent to its 12,000 members Sunday night. Negotiations to replace the current contract, which expires May 1, began March 3. The swift agreement was widely anticipated and stood in sharp contrast to the bitter standoff that occurred in late 2007, after negotiations with the studios broke down and writers staged a 100-day strike that shut down television production and roiled Hollywood.
September 18, 2012 |
The Los Angeles Metropolitan Transportation Agency has reiterated its support for CBS' bid to renew its contract to sell advertising on county buses and trains. In a report to the MTA board of directors released Monday that will be officially presented Thursday, the staff favored CBS Outdoor over Titan, a rival outdoor advertising company that also sought the rights. This is the second time the MTA staff has backed CBS. In July, it approved CBS' bid of $110 million for a five-year contract.
July 20, 2013 |
The Clippers and free-agent center Byron Mullens reached agreement on a two-year contract Saturday, according to NBA executives who were not authorized to speak publicly on the matter. Mullens' deal is worth about $1 million per season. He can opt out of the contract after one season. Mullens is expected to sign his contract with the Clippers on Monday or Tuesday. The 7-foot Mullens averaged 10.6 points and 6.4 rebounds per game last season with Charlotte. He shot 38.5% from the field, 31.7% from three-point range.