Luis Castillo Contract

Last Modified Nov 21, 2023 06:59 GMT
Luis Castillo
Luis Castillo

Born on December 12, 1992, Luis Castillo is a Major League Baseball (MLB) pitcher from the Dominican Republic who currently plays for the Seattle Mariners. In December 2011, Castillo signed a contract as an international free agent with the San Francisco Giants. He made his professional debut in the Dominican Summer League with the DSL Giants in 2012. He was traded to the Miami Marlins in 2014. After a few years with them he was again traded, this time to the Cincinnati Reds.

Castillo made his Major League Baseball debut on June 23, 2017, against the Washington Nationals. However, he was again traded, this time to the Seattle Mariners in July 2022. He has given strong performances with every team that he has represented in his career till now. He also has three All-Star game appearances to his name.

Luis Castillo Contract Breakdown

YearBase SalaryIncentiveSigningBonusCap HitDead CapYearly Cash
2017$295,223--$295,223-$295,223
2018$555,000--$555,000-$555,000
2019$557,500--$557,500-$557,500
2020$245,741--$245,741$245,741
2021$4,200,000--$4,200,000-$4,200,000
2022$7,370,000--$7,370,000-$7,370,000
2023$10,000,000$25,000$7,000,000$17,025,000-$17,025,000

Luis Castillo getting paid for Contract

The Seattle Mariners and Luis Castillo agreed to a five-year contract in September 2022. The contract was worth $108,000,000, included $7,000,000 as signing bonus with an average salary of $21,600,000. Castillo's basic salary in 2024 will be $22,750,000, with a total compensation of $24,150,000.

In 2017, Luis Castillo signed his first contract, a pre-arbitration contract worth $535,000 with the Miami Marlins. Next in 2018, Castillo signed a contract worth $555,000 with the Reds for a duration of 1-year. After that in 2019, Castillo signed a contract worth $557,000 with the Reds for a duration of 1-year. In 2020, Castillo signed a contract worth $663,500 with the same team for a duration of 1-year.

Again in 2021, Luis Castillo signed an arbitration contract worth $4,200,000 with the same team for a duration of 1-year. Next in 2022, Luis Castillo signed a contract worth $7,350,000 with the Cincinnati Reds for a duration of 1-year. However, he was later traded to the Seattle Mariners.

Finally, in September 2022, Luis Castillo signed an arbitration extension contract worth $108,000,000 with the Seattle Mariners for a duration of 5-years.

Luis Castillo make money in a minute

In 2023, Castillo’ss annual salary was $21,600,000. As we know there are 525,600 minutes in a year. Now, if his annual salary is divided by the total number of minutes a year, he makes about $41.09 a minute.

Luis Castillo Career Earnings

Luis Castillo has a total career earnings of $30,228,464. This includes his base salary of $23,203,464, an incentive of $25,000, and signing bonuses received till now of $7,000,000.

In 2021, Castillo made $4,200,000 as his career earnings and in 2022 he made $7,350,000 as career earnings.

Terms of Luis Castillo’s Contract

Luis Castillo signed a 5-year contract worth $108,000,000 with the Seattle Mariners, including $7,000,000 as signing bonus with an annual average salary of $21,600,000. In 2024, Castillo will earn a base salary of $22,750,000, while carrying a total salary of $24,150,000.

His current contract has many clauses, they are mentioned as follows, from 2023 to 2025 he will have a full No Trade Clause. His contract has a 2028 Vesting option, Vests with 180 IP in 2027, If Castillo misses 130+ days in 2025-2027 due to a UCL injury, this becomes a $5M team option, he will get a Trade Assignment Bonus of $1M from 2025 to 2027. Next, if he wins the Cy Young Award he will receive a bonus of $500,000, if he ranks somewhere between 2nd place or 5th place he will receive $250,000. Next he will receive $100,000 each for WS MVP, Reliever of the Year award. He will receive an amount of $50,000 each for Gold Glove, All-Star (original ballot), LCS MVP, and lastly, for All-Star Selection he will receive a bonus of $25,000. He will commence his unrestricted free agency in 2029.

Luis Castillo’s Contract Guarantee

Luis Castillo signed a 5 year contract worth $108,000,000 with the Seattle Mariners, including $7,000,000 as signing bonus, $108,000,000 guaranteed, with an annual average salary of $21,600,000.

Luis Castillo Contract History

These are all the contracts of Luis Castillo till now:

2016: Luis Castillo signed a pre-arbitration contract worth $535,000 with the Miami Marlins.

2018: Luis Castillo signed a pre-arbitration contract worth $555,000 with the Cincinnati Reds for a duration of 1-year.

2019: Luis Castillo signed a contract worth $557,000 with the Cincinnati Reds for a duration of 1-year.

2020: Luis Castillo signed a contract worth $663,500 with the Cincinnati Reds for a duration of 1-year.

2021: Luis Castillo signed a worth $4,200,000 with the Cincinnati Reds for a duration of 1-year.

2022: Luis Castillo signed a contract worth $7,350,000 with the Cincinnati Reds for a duration of 1-year.

2022: Luis Castillo signed an extension contract worth $108,000,000 with the Seattle Mariners for a duration of 5-years.

FAQs

A. Luis Castillo’s age is 30 years ( As of 2023).

A. Luis Castillo plays for the Seattle Mariners in Major Lеaguе Baseball.

A. Luis Castillo earns around $41.09 in a minute (As of 2023).

A. Luis Castillo’s current annual salary is $21,600,000 (as of 2023).

A. Luis Castillo signed a 5 year contract with the Seattle Mariners ( the deal will last till the 2027 season).

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