We already knew that Cliff Lee signed with the Phillies. That's why you're reading this stream in the first place. But what's new is that we now have a more complete picture of his contract, as more details have continued to emerge.
As noted previously, Lee's deal is worth at least $120 million over five years, and could be worth as much as $135 million over six years. The final figure hinges on a $27.5 million vesting 2016 option with a $12.5 million buyout. And, that vesting option? Jon Heyman has word.
Lee's 2016 option will vest if he throws at least 200 innings in 2015, or if he throws at least 400 innings between 2014-2015. If he does that, he'll make his $135 million. If not, the Phillies will probably opt for the buyout, although it's impossible to say right now.
2014 and 2015 are a long ways away, but Lee has thrown 667.1 innings over the past three seasons, and has surpassed the 200-inning mark five times in his career. He's a durable, efficient innings-eater, and at least for now, that vesting option certain seems attainable.
Lee also receives a partial no-trade clause.