Felix Hernandez will make $27 million in the final year of his new $175 million, seven-year contract with the Seattle Mariners, which includes a conditional eighth-year option should he need elbow ligament surgery during the length of the deal.

Hernandez also is receiving a $6 million signing bonus for the contract he signed on Wednesday, the largest deal for a pitcher in baseball history. The signing bonus is payable within 30 days of the contract's approval by Major League Baseball, and he'll make $19 million this season and $22 million in 2014. The $47 million due during 2013-14 is $6.5 million more than he was due under his previous deal.