The Minnesota Twins have signed closer Glen Perkins to a four-year extension with a club option for 2018. Perkins had an outstanding year in 2013 posting a 2.30 ERA and earning 36 saves in 62 2/3 innings of work for the Twins. The 31-year old southpaw has spent his entire career with the Twins, is from Minnesota and he wants to stay in Minnesota.
The contract guarantees Perkins $22.175 million and breaks down as follows. Perkins will receive $4.025 million in 2014, $4.65 million in 2015, $6.3 million in 2016 and $6.5 million in 2017. The club option for 2018 is worth another $6.5 million. According to Twins’ beat writer, Rhett Bollinger, the club option will become a player option if Perkins is traded.
The $6.5 million club option for 2018 also becomes a player option if Glen Perkins is traded. #MNTwins
— Rhett Bollinger (@RhettBollinger) March 14, 2014
While all those millions may seem like a lot of money, Perkins is actually taking a hometown discount to stay in Minnesota. He was the one who approached the organization about the extension intending to spend his career with the Twins. On taking a discount he said,
I’ll take a $22 million discount any day of the week.
That’s a great attitude to have and team loyalty is a virtue in any player. In his eight-year career Perkins is 28-17 with a 3.89 ERA and 54 total saves. He has been the Twins closer for just two full years and it looks like he will be for at least another four.