Moreover, the contract provides for $250,000 a year in bonuses based on innings pitched.
Sanchez, 35, will be paid $1 million and can earn an additional $700,000 in bonuses based on playing time.
He could also earn a maximum of $250,000 each year in bonuses based on innings pitched.
He can also earn an additional $160,00 in bonuses based on games played or plate appearances.
Baker's contract, said the person with knowledge of it, also includes what he called "significant incentives," bonuses based on the team's success.
He also has five levels of bonuses based on games played or plate appearances.
They are paid a salary and a bonus based largely on seniority.
Divisions received bonuses based on their individual performance rather than the performance of the firm as a whole.
They also will be eligible for bonuses, based on schoolwide performance, of up to $25,000 in the second year.
Five points are awarded for a correct answer on the first try, with a bonus based on response time.