It’s the team’s first major move under a new ownership group that includes former Los Angeles Lakers star Magic Johnson.
The new deal includes salaries of $13.5 million for next year, $15.5 million for 2014, $18 million each for 2015 and 2016 and $17.5 million for 2017.
The Dodgers have a $17.5 million option for 2018 with a $2.5 million buyout, and Ethier’s 2018 salary could become guaranteed based on plate appearances in 2017 or 2016-17 combined. The option vests with 1,100 plate appearances in 2016-17 combined or 550 plate appearances in 2017.
If the option does not vest and is declined, a buyout is payable on Jan. 15, 2018.
Ethier avoided arbitration last winter, agreeing to a $10.95 million contract for this season. He could have tested free agency at season’s end.
“I knew there were options at the end of the day, but why look at them when the best option is here?” he said.
“A friend of mine said a couple weeks ago, `You were meant to play here and you wouldn’t play good anywhere else,’” he said. “That kind of rang true and let me think what’s the purpose of holding out a few more months?”
General manager Ned Colletti and new President and CEO Stan Kasten joined Ethier at a news conference overlooking the field at Dodger Stadium. Manager Don Mattingly, along with All-Star slugger Matt Kemp and pitcher Javy Guerra were there. Ethier’s wife, Maggie, the couple’s two young sons, who wore their dad’s No. 16 jersey, and his parents also attended.
“We signed Matt last winter and now we’ve signed Andre long-term, which to me says basically that you want to get better as an organization looking forward,” Mattingly said. “These two guys are our cornerstones, so it makes a commitment to the fans. Right now, `Dre’s in a good spot and his teammates care about him.”
Ethier leads the National League with 53 RBIs. The 30-year-old right fielder is a two-time All-Star who is batting .287 with 10 home runs going into Tuesday night’s game against the Angels.
He’s been with the team for six seasons, winning a Silver Slugger award in 2009 and a Gold Glove award last year.
“He’s part of the core, part of what we’re trying to build on,” Colletti said. “You got to keep guys like that around. If you believe in your core guys and you develop them, it’s tough to replace guys like that.”
“These owners aren’t messing around with making this team and stadium the best it can be,” Ethier said.