The Los Angeles Dodgers are in the middle of a historical pursuit, the MLB three-peat. They have proven once again that they will do everything it takes to achieve it, that is why in a shocking blockbuster move, the reigning two-time World Series champions secured the top closer on the free-agent market, Edwin Diaz, in order to give the last magic touch to their roster.
While true personal net worth of his is a very complex number to figure, the offer the Dodgers made to Diaz has significantly inflated his guaranteed career earnings The move is a testament to the club’s championship or bust mentality.
A record-breaking commitment
With the move the Dodgers did not just sign Edwin Diaz, they made him the highest-paid relief pitcher in baseball history for the second time in his career. The deal is structured as a three-year, $69 million contract, running through the 2028 season.
This staggering total comes with an Annual Average Value (AAV) of $23 million, which officially breaks Diaz’s own previous record for the highest average annual salary ever given to a relief pitcher.
To put it into perspective, Diaz’s career earnings stood at approximately $69 million prior to signing this deal. The new three-year contract, therefore, essentially doubles his career earnings in guaranteed money, dramatically boosting his financial worth in the process.
A star among superstars
What truly defines the scale of this transaction is how Diaz’s salary fits and does not disrupt the Dodgers’ overall payroll structure.
The $23 million annual salary is a historic figure for a closer, yet it makes Diaz only the fifth-highest paid player on Los Angeles. Surrounded by figures like Tyler Glasnow, Shohei Ohtani, and Mookie Betts, Diaz’s new deal is just another spending in a team that now projects toward a staggering $342 million Competitive Balance Tax (CBT) payroll.
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