According to ESPN.com, the Washington Nationals and Scott Olsen have agreed to a one-year deal, with a base salary of $1 million. ESPN's source says that Olsen's contract is very incentive-heavy, and could balloon to as much as $4 million if the lefty starts 33 games.
This is a good deal for the Nationals who had just non-tendered Olsen last night. Had they offered him arbitration, the left-handed starter likely would have been awarded upwards of $2.5 million. This is a much safer option for the Nats. At only $1 million the club is not harmed too badly if Olsen re-injures his throwing shoulder. If he is healthy, the Nationals are hoping he will be worth $4 million.
The report also indicates that the Nationals expect Olsen to be ready to compete for a job in spring training.