Paul Skenes signed a 1-year contract with the Pirates on July 19, 2023 for $9.2 million after being drafted #1.
1.July is in the middle of the MLB season. What happens when the contract nears its end?
2. Skenes is on a clear trajectory to the majors, but remains in the minors. How does it benefit the Pirates to keep him there?
Obviously they’re doing what’s best for the Pirates, but I’d like to know how it all works from the inside financially bc I have no idea.
In: Economics
I’ll throw in that $9.2 million signing bonus Skenes got is most likely being paid out over the course of several seasons.
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