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MLB free agency roundup: Padres sign RHP Nick Martinez

Aug 7, 2021; Yokohama, Japan; USA pitcher Nick Martinez throws a pitch against Japan in the baseball gold medal match during the Tokyo 2020 Olympic Summer Games at Yokohama Baseball Stadium. Mandatory Credit: Yukihito Taguchi-USA TODAY Sports
Credit: Yukihito Taguchi-USA TODAY Sports

The San Diego Padres signed right-hander Nick Martinez to a one-year contract with player options for 2023-25.

Martinez, 31, last pitched in the majors with the Texas Rangers (2014-17) before spending the past four seasons in Japan.

According to multiple reports, the deal could be worth at least $25.5 million over four seasons and as much as $31.5 million.

Martinez will reportedly receive a $2 million signing bonus and a $4 million salary in 2022. The following three seasons include $6.5 million player options with $1.5 million buyouts. If he makes at least 20 starts in any season, the salary climbs $1 million in all subsequent seasons.

Martinez posted a 1.62 ERA last season with the Fukuoka SoftBank Hawks in Japan.

He was 17-30 with a 4.77 ERA in 88 games (68 starts) with the Rangers, striking out 237 batters in 415 1/3 innings.

–Field Level Media