The Twins deepened their rotation today, acquiring Carl Pavano from the Indians for a player to be named later, according to a team press release. Pavano, 33, has allowed 150 hits in 125.2 innings, posting a respectable 88K/23BB ratio.
His base salary is just $1.5MM, but in addition to the $500k remaining on his contract, Pavano stands to earn a lot through incentives. If he makes 10 more starts and averages 6.0 IP per outing, he'll make another $1.75 in bonuses. We heard yesterday that the Indians expect to lose $16MM this year, but they'll receive some relief if the Twins are paying the rest of Pavano's contract.