The news broke not too long ago that Martin Perez would be returning to Boston, on a one year deal. The deal is said to be worth $4.5M, plus incentives. There’s also a club option for 2022. It was first reported by The Athletic’s Ken Rosenthal, and Perez is reportedly pending a physical.
Perez will earn a base salary of $4.5M in 2021, according to a source. The Red Sox declined an option of $6.85M in November, so the new deal gives the Red Sox over $1M in savings. Other teams interested were reportedly the Astros, and the Padres.
Perez’s incentives are based on innings pitched. According to Rosenthal, here is his incentives.
One-year, $5M guarantee. 2021: $4.5M. 2022: $6M club option or $500K buyout.
Incentives in ‘21: $100K each for 130, 140, 150, 160, 170 IP (Max $500K).
Incentives in ‘22: $100K each for 130, 140, 150, 160, 170 IP, $250K for 180 IP (Max $750K).
Perez posted a 4.50 ERA in 2020, and went 3-5 in 12 starts. If you take away two rough starts against Baltimore, he’d finish with a 3.57 ERA, and would’ve held opposing batters to a .211 average during those 10 starts.
Advanced 2020 Stats:
6.68 K/9, 4.06 BB/9, 1.16 HR/9
4.88 FIP, 5.20 xFIP, 111 FIP-, 117 xFIP-
17.6 K%, 10.7 BB%, 6.9 K-BB%
97 ERA-, 4.77 xERA, 5.43 SIERA
Advanced stats show Martin Perez is an average to below average pitcher.
The Red Sox still need at least one, preferably two more starting pitchers. Also a couple more arms in the pen would be helpful.