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Updated: March 14th, 2014 4:54pm
The 20 highest paid relievers in MLB, to understand Perkins' extension

The 20 highest paid relievers in MLB, to understand Perkins' extension

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by Derek Wetmore
1500ESPN.com

Twins closer Glen Perkins signed a team-friendly extension, the team announced Friday.

How friendly?

It's a veritable hometown discount from the Stillwater product and former Gophers ace.

Running the numbers, Perkins' deal represents $15,975,000 in new money, as his old contract already took him through 2015. This deal runs through 2017, with a team option for 2018 (or a $700,000 buyout). The 2018 option becomes a player option if Perkins is traded, according to Rhett Bollinger of MLB.com.

You can find the year-by-year values of his contract here.

The contract is a pretty sizable hometown discount, if you believe the lefty can repeat his dominant numbers from 2013.

Let's assume for this exercise that the Twins will pick up his 2018 option, rather than paying the $700,000 buyout. That puts the highest possible annual value, and still only brings the figure to $5,595,000.

To put that number in context, here are the 20 highest paid relievers, according to Spotrac.com.

Pitcher

Team

2014 salary

Jonathan Papelbon

Phillies

$13,000,000

Rafael Soriano

Nationals

$11,000,000

Brian Wilson

Dodgers

$10,000,000

Jim Johnson

Athletics

$10,000,000

Joe Nathan

Tigers

$9,000,000

Brandon League

Dodgers

$8,500,000

Jason Motte

Cardinals

$7,500,000

Craig Kimbrel

Braves

$7,250,000

Jonathan Broxton

Reds

$7,000,000

Huston Street

Padres

$7,000,000

J.J. Putz

Diamondbacks

$7,000,000

Mike Adams

Phillies

$7,000,000

Joaquin Benoit

Padres

$6,000,000

Jeremy Affeldt

Giants

$6,000,000

Tyler Clippard

Nationals

$5,875,000

Joakim Soria

Rangers

$5,500,000

J.P. Howell

Dodgers

$5,500,000

Heath Bell

Rays

$5,500,000

Sergio Romo

Giants

$5,500,000

Sean Marshall

Reds

$5,500,000

Source: Sportrac.com

Derek Wetmore is the senior editor for 1500ESPN.com. His previous stops include MLB.com and the Minnesota Daily.
Email Derek | @DerekWetmore
In this story: Joe Nathan, Glen Perkins
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