Yuki Matsui Signs Five-Year Contract with San Diego Padres

The Japanese relief pitcher could earn up to $33.6 million if he becomes the team's closer.

Japanese relief pitcher Yuki Matsui has signed a five-year contract with the San Diego Padres, with the potential to earn $33.6 million if he becomes the team's closer.
Matsui has the option to opt out of the deal after three years and $14.5 million if his pitching elbow remains healthy.
If Matsui has Tommy John surgery or an elbow injury causing more than 130 consecutive days on the injured list spanning 2024 and 2025, the Padres have a conditional $7 million option for 2028.
Matsui has $1.4 million in annual escalators that would increase his salary in the following season if earned from 2024-27.
Matsui, a five-time All-Star in Japan, led the Pacific League in saves in 2019, 2022 and 2023.