Greinke was thought to have narrowed his choices down to the Dodgers and the Texas Rangers.
With the addition of Greinke, the Dodgers payroll will be near $220 million, which most likely will be the highest in 2013, and the organization has added more than $500 million in player salaries since they were purchased by Guggenheim Baseball in the spring, which officially bought the team in May for a record price of $2 billion.
At $147 million in total value, Greinke’s contract is the second-largest ever for a pitcher , behind CC Sabathia‘s seven-year $161 million deal with New York.
Greinke will replace San Francisco Giants right-hander Matt Cain as the highest-paid right-hander in major league baseball. Cain signed a six-year, $127.5 million contract with the San Francisco Giants last spring.
Greinke, 29, combined to go 15-5 with a 3.48 ERA with the Los Angeles Angels and Milwaukee Brewers last season.
Josh Hamilton who had been in talks with the Rangers, that were put on hold pending the outcome of the Greinke negotiations, may become the focus of the Rangers once again. It is also possible Texas will still have interest in acquiring Justin Upton
Before the winter meetings we said, if the Dodgers want Greinke they will get him, and apparently they did.