[Sergio] Santos, 28, and the White Sox agreed on a three-year, $8.25 million deal, with club options for 2015-17. Under the terms of the agreement, Santos will earn $1 million in 2012, $2.75 million in 2013 and $3.75 million in 2014. The club option for 2015 stands at $6 million, with an $8 million option for 2016 and an $8.75 million option in 2017. If any of the three club options are declined, then Santos receives a $750,000 buyout.
The deal covers Santos’ final pre-arbitration year and the first two arbitration years. The three 1-year options cover the final arbitration year and the first two free-agent years. That’s a very good deal for the Sox. Fangraphs says Sergio was worth $7.3 million this year. Sergio must stay away from Adam Dunn, Alex Rios, and Jake Peavy. Kenny did good.