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Dodgers sign Cuban IF for $62.5M over 6-years

March 24, 2015

LOS ANGELES (AP) — Cuban infielder Hector Olivera and the Los Angeles Dodgers have agreed to a $62.5 million, six-year contract, agent Greg Genske said.

The agreement includes a $28 million signing bonus, Genske said Tuesday.

Olivera, said to be 29, was on the Cuban team that won the silver medal at the 2008 Olympics.

Olivera’s deal will cause a $4,173,333 increase in this year’s luxury tax for the Dodgers, who pay at a 40 percent rate at the payroll amount over $189 million.