Caleb Ferguson Inks $2.4 Million Deal with the Los Angeles Dodgers
Contract Details and Future Prospects
Left-handed pitcher Caleb Ferguson has signed a one-year contract worth $2.4 million with the Los Angeles Dodgers. The deal includes a significant salary increase from his previous contract, setting up Ferguson for his third salary arbitration before hitting free agency at the end of the 2024 season.
Salary Breakdown and Club Control
Ferguson's new salary of $762,500 represents an 89 percent increase over the minimum salary for 2022. The signing bonus of $0 and net worth of $3,406,490 reflect Ferguson's rising value in the MLB.
Upcoming Season and Free Agency Eligibility
Ferguson is currently in his final season of club control, meaning the Dodgers have exclusive rights to his services until after the 2024 campaign. With his impressive performance and contract status, Ferguson will likely command a significant salary increase in his next contract negotiation as he approaches free agency.
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