July 3, 2024

Clayton Kershaw Is a Dodger — Again

With the additions of Shohei Ohtani and Yoshinobu Yamamoto on deals lasting 10 and 12 years, respectively, the Dodgers are entering a new era when it comes to their headlining superstars — not to take anything away from Mookie Betts and Freddie Freeman, both of whom remain at or near the top of their respective games. On Monday, we learned that the next stage of Dodger baseball will also include another familiar superstar: The New York Post’s Joel Sherman and Jon Heyman reported that free agent Clayton Kershaw will return to the only team for which he’s ever pitched.

The exact terms of the deal — which is pending a physical on Thursday — have yet to emerge at this writing, but USA Today‘s Bob Nightengale reported that the deal is a “one-year, incentive-laden contract,” while The Athletic’s Andy McCullough added that the contract includes a player option for 2025. If exercised, that would allow Kershaw to join Ohtani — who won’t pitch in 2024 after undergoing reconstructive surgery on his UCL this past September — in the Dodgers’ rotation.

Player options tend to carry advantages when it comes to Competitive Balance Tax accounting, a significant concern for the Dodgers, who rank second in payroll (both actual and CBT-based) only to the Mets and are nearly $12 million over the fourth-tier tax threshold of $297 million even before adding Kershaw’s salary. For example, Justin Turner’s two-year, $21.7 million deal with the Red Sox last year called for a base salary of $8.3 million for 2023, then a $13.4 million option and $6.7 million buyout. By opting out, Turner made $15 million on a deal whose average annual value was just $10.85 million.

Kershaw made $20 million last year but figures to be guaranteed less money for 2024, though bonuses for starts and/or innings could make up some of the difference. The timing of the move is more significant than the dollar amount, because neither the pitcher nor the Dodgers know exactly when the 35-year-old future Hall of Famer will throw his next competitive pitch. On November 3, he underwent surgery to repair the glenohumeral ligaments and capsule of his left shoulder, a procedure that left him “hopeful to return to play at some point next summer” (as he wrote via Instagram) but hardly assured of such a return given the significance of the procedure. Pulling from what I wrote in relation to the surgery at the time:

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