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Deferred Contracts

All articles tagged with #deferred contracts

sports1 year ago

Dodgers' Snell Signing Shakes Up MLB Market Dynamics

The Los Angeles Dodgers have signed pitcher Blake Snell to a five-year, $182 million contract, which includes $60 million in deferred payments. This deal pushes the Dodgers' total deferred compensation to nearly $1 billion, a strategy that allows them to manage luxury tax thresholds while maintaining a high payroll. The Dodgers' use of deferred contracts, similar to those of Shohei Ohtani and Mookie Betts, has sparked criticism for exploiting tax loopholes, with calls for legislative changes to address income inequality.

sports2 years ago

"MLB's Insane Deferred Contracts: Ohtani's Risky $680 Million Deal"

Shohei Ohtani has signed a historic 10-year, $700 million contract with the Los Angeles Dodgers, with over 97% of the amount deferred until after the contract expires in 2033. This means Ohtani will be making just $2 million per year during the contract period. Other notable deferred contracts in MLB history include Ken Griffey Jr., Chris Davis, Max Scherzer, Stephen Strasburg, and Bobby Bonilla, with the latter receiving annual payments until 2035.