Left-hander Francisco Liriano might not realize the full value of his $8 million vesting option with the Pirates for next season. But as long as he avoids a specific re-injury to his right (non-pitching) arm, he almost certainly will return to the club, albeit at a lower price.
Under the terms of Liriano’s contract, a copy of which was obtained by FOXSports.com, his option will vest at $6 million if he does not spend 120 days on the disabled list due to an injury to his right arm, which he broke in a freak accident on Christmas Day.
Liriano would have gotten the full $8 million if he was not on the DL for 150 days, but the injury sidelined him until May 11. The option officially will vest at $5 million if he does not spend 90 days on the DL due to the specific injury. That date likely would be in early August.
Beyond that, Liriano’s deal also includes a potential $3.75 million in roster bonuses that are likewise tied to the number of days he is not on the DL due to the specific injury. He no longer is eligible for the full $3.75 million, but $2.125 million should be within reach.
Liriano originally agreed to a two-year, $12.75 million free-agent contract with the Pirates last December, but the team restructured the deal after he suffered his injury and guaranteed him only $1 million for one year.
He figures to clear $11 million over two years if he avoids further injury to right arm. If his option vests at $6 million, he can earn a potential $2.5 million in performance bonuses next season. If it vests at $5 million, he can earn a potential $3.5 million in bonuses.
Liriano is 3-2 with a 2.17 ERA in five starts since joining the Pirates.