ARLINGTON, Texas — Joc Pederson is receiving a $5.5 million signing bonus as part of his two-year, $37 million contract with the Texas Rangers.
The designated hitter and outfielder will receive salaries of $13 million this year and $18.5 million in 2026 under the deal announced Dec. 30. The deal includes a mutual option of $18.5 million for 2027.
Pederson can opt out of the contract after the 2025 World Series, but if he opts out, Texas can exercise options for 2026 and 2027 for $18.5 million per year. The options must be exercised simultaneously.
His base salaries for 2026 and 2027 would increase to $21.5 million if he makes the All-MLB first or second team this year or wins a Silver Slugger Award.
Peterson would earn a $150,000 bonus for winning the MVP award, $100,000 for making the All-Star team or winning the World Series MVP award, and $50,000 for a Silver Slugger or the MVP of the League Championship Series.
He gets a hotel suite on his road trips and is allowed to purchase four premium memberships. It also has a no-trade provision.
Texas is the left-handed hitter’s fifth team since he spent his first seven seasons in the big leagues with the Dodgers. After leaving Los Angeles as a free agent after winning the 2020 World Series title, Pederson signed with the Chicago Cubs and was traded midway through the 2021 season to Atlanta, where he won another championship.
