Wei-Yin Chen to the Miami Marlins: Free agent starting pitcher Wei-Yin Chen has reportedly agreed to a 5 year, $80 million deal with the Miami Marlins, which includes a sixth year option and an opt-out after year 2.
Ken Rosenthal says the deal is structured such that Chen gets an $8 million signing bonus and $6 million in 2016, followed by a $14 million salary for 2017. That means that, should Chen opt out, he'd be leaving $52 million on the table over three years...however, the 2017 free agent pitching class looks to be weak, so there's a decent chance he could get more money by jumping back in the pool at that time.
The sixth year option is a vesting option that is reportedly at $16 million, meaning the whole deal could end up being 6 years, $96 million...or it could be 2 years, $28 million if Chen opts out.
The lefthanded Chen was tendered a qualifying offer by the Baltimore Orioles, but since the Marlins have the #7 overall pick, they will lose their second round selection, not their first rounder.
Chen, who turns 31 in July, is a native of Taiwan who pitched for Chunichi in the Central League in Japan prior to coming to the U.S. prior to the 2012 season. Chen has a 3.72 ERA, a 4.14 FIP and a 110 ERA+ in 706.2 IP over 4 seasons for Baltimore, with 10.0 bWAR over those four seasons.