Bobby Bonilla Day: How his deferred contracts compare to Shohei Ohtani’s deal
5 months, 3 weeks ago

Bobby Bonilla Day: How his deferred contracts compare to Shohei Ohtani’s deal

LA Times  

Shohei Ohtani, left, deferred most of the money in his $700-million deal with the Dodgers. Bobby Bonilla’s deferred contracts with the Mets and Orioles earn him $1,693,248.20 annually. The Dodgers, in fact, have made Bonilla’s yearly deferred income look like chump change. The net present value of Ohtani’s $700-million contract is only $437.5 million, and only $46 million currently counts toward the Dodgers’ luxury tax threshold. “We offer them any information to help them make the best decision they can themselves.” Bonilla’s deferred money and annual payments from the Mets — which continue through his 72nd birthday — are part of that history.

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History of this topic

What’s Juan Soto’s net worth after signing $765m deal with New York Mets?
Top News
1 week, 6 days ago

What’s Juan Soto’s net worth after signing $765m deal with New York Mets?

The Independent  

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Juan Soto agrees to record $765 million, 15-year contract with Mets, AP source says
2 weeks ago

Juan Soto agrees to record $765 million, 15-year contract with Mets, AP source says

Associated Press  

DALLAS — Star outfielder Juan Soto and the New York Mets agreed Sunday to a record $765 million, 15-year contract, a person familiar with the deal told The Associated Press, a deal that could escalate to $805 million and is believed to be the largest pact in team sports history. The deal, spurning the New York Yankees’ attempt to retain …

Juan Soto could decide on his next team before or during baseball’s winter meetings
3 weeks, 5 days ago

Juan Soto could decide on his next team before or during baseball’s winter meetings

Associated Press  

NEW YORK — Juan Soto appears on a timetable to decide on where to sign either before or during baseball’s winter meetings in Dallas, which run from Dec. 8-12. Soto is likely to seek a record contract, topping Shohei Ohtani’s $700 million, 10-year agreement with the Los Angeles Dodgers last December. For instance, Ohtani’s contract is valued at $46.1 million …

Projecting MLB free agent contracts for Juan Soto, Corbin Burnes and other top players
1 month, 2 weeks ago

Projecting MLB free agent contracts for Juan Soto, Corbin Burnes and other top players

New York Times  

When Michael Bluth charged his own brother, Gob, for a Bluth frozen banana in a season one episode of “Arrested Development,” his mother Lucille chided him. Player Signed Ages fWAR1 fWAR3 fWAR5 Years Total 2024 AAV Blake Snell 2024 31-32 4.1 9.8 14.5 2 62.0 31.0 James Shields 2015 33-36 3.2 11.4 17.9 4 75.0 24.9 Blake Snell 2025 32 …

Teoscar Hernández’s agent fires back at critics of one-year Dodgers deal: ‘Who’s laughing now?’
2 months, 1 week ago

Teoscar Hernández’s agent fires back at critics of one-year Dodgers deal: ‘Who’s laughing now?’

LA Times  

Most agents representing MLB players don’t publicly gloat. But most agents don’t take the heat from their colleagues that Rafa Nieves apparently did when he negotiated a one-year, $23.5-million deal for Teoscar Hernández with the Dodgers last offseason. “We were looking for a 3-year deal, and while reading the market and realizing that deal might not exist, I asked him …

Tony Clark says MLBPA will protect the right for deferred contracts like Shohei Ohtani’s
10 months ago

Tony Clark says MLBPA will protect the right for deferred contracts like Shohei Ohtani’s

LA Times  

Tony Clark, executive director of the MLB Players Assn., talks with reporters before Game 1 of the World Series in October. “All of those things we should assume to be correct.” Clark’s comments came Monday, minutes after he and other MLBPA officials met with Dodgers players at the team’s Camelback Ranch facility, and more than two months after Ohtani inked …

Teoscar Hernández says there’s no better place to play than with LA Dodgers
11 months ago

Teoscar Hernández says there’s no better place to play than with LA Dodgers

Associated Press  

LOS ANGELES — Teoscar Hernández initially was seeking a multiyear deal in a slow free-agent market, but the chance to join a powerful Los Angeles Dodgers lineup convinced the outfielder to sign a $23.5 million, one-year contract. Los Angeles has been baseball’s top spender this offseason, committing $1,235,687,500 to two-way star Shohei Ohtani, pitchers Yoshinobu Yamamoto and Tyler Glasnow, and …

Dodgers finalize $23.5M deal with Teoscar Hernández and hire former major leaguer Raúl Ibañez
11 months, 1 week ago

Dodgers finalize $23.5M deal with Teoscar Hernández and hire former major leaguer Raúl Ibañez

Associated Press  

LOS ANGELES — Teoscar Hernández finalized a $23.5 million, one-year contract with the Dodgers on Friday, the latest deal by big-spending Los Angeles that includes deferred money. Los Angeles has been baseball’s top spender this offseason, committing $1,235,687,500 to two-way star Shohei Ohtani, pitchers Yoshinobu Yamamoto and Tyler Glasnow, and Hernández. The Dodgers owe deferred payments to Ohtani, Mookie Betts, …

Dodgers, Ohtani got creative with $700 million deal, but both sides still have some risk
1 year ago

Dodgers, Ohtani got creative with $700 million deal, but both sides still have some risk

Associated Press  

PHOENIX — Once the initial shock wore off on the price tag of Shohei Ohtani’s record-shattering $700 million, 10-year deal with the Los Angeles Dodgers, details about the contract emerged that were nearly as stunning. There’s also at least some risk for the franchise: The New York Mets famously deferred $5.9 million that slugger Bobby Bonilla was owed in 2000 …

Shohei Ohtani’s $700 million contract with the Los Angeles Dodgers is a steal.
1 year ago

Shohei Ohtani’s $700 million contract with the Los Angeles Dodgers is a steal.

Slate  

The Los Angeles Dodgers won the biggest free agent sweepstakes of all time. The Dodgers’ desire to make a good deal and Ohtani’s desire to join the most consistent winning franchise in baseball have merged to form an awe-inspiring contractual arrangement worth “$700 million.” After Ohtani announced Saturday that he would join the Dodgers, details of the deal started to …

Ohtani’s Dodgers contract has $680 million deferred, lowering tax value to $46 million annually
1 year ago

Ohtani’s Dodgers contract has $680 million deferred, lowering tax value to $46 million annually

Associated Press  

NEW YORK — Shohei Ohtani will receive just $20 million of his $700 million contract with the Los Angeles Dodgers over the next 10 years, with $680 million payable from 2034-43 in an unusual structure that gives the team greater payroll flexibility in coming seasons. “I can say 100 percent that you, the Dodger organization and I share the same …

Shohei Ohtani deferring $68 million annually on his 10-year Dodgers contract
1 year ago

Shohei Ohtani deferring $68 million annually on his 10-year Dodgers contract

LA Times  

Shohei Ohtani walks off the mound during a game between the Angels and Pittsburgh Pirates on July. The extremely unusual structure — in which Ohtani will receive $68 million payments annually from 2034 to 2043, without interest, following the completion of the 10-year pact — was Ohtani’s idea, the person said, encouraged by the two-time MVP in the hopes of …

MLB Contract Extension Week Tiers: Who should stay and who should test free agency
1 year, 9 months ago

MLB Contract Extension Week Tiers: Who should stay and who should test free agency

New York Times  

We’ve reached the end of Extension Week, where I’ve projected possible contract extensions for close to 50 major-league players. Josh Hader Ian Happ, Cubs: 6 years, $100 million It’s rarely a bad idea to sign a long-term extension after your best season, especially when you’ve experienced the undulations Happ has. Adolis García, Rangers: 5 years, $45 million This only buys …

Boston deferring $75M to Rafael Devers, paying through 2043
1 year, 11 months ago

Boston deferring $75M to Rafael Devers, paying through 2043

Associated Press  

BOSTON — Rafael Devers has $75 million in deferred salaries in his new contract with the Boston Red Sox, who committed $331 million over 11 seasons to the third baseman but will not fully pay the money until 2043. Boston on Wednesday finalized a 10-year contract worth $313.5 million that covers 2024-33 and follows a $17.5 million, one-year agreement reached …

Freddie Freeman’s Dodgers contract includes $57 million in deferred payments
2 years, 9 months ago

Freddie Freeman’s Dodgers contract includes $57 million in deferred payments

LA Times  

Freddie Freeman’s new six-year, $162-million contract with the Dodgers includes $57 million of deferred money, according to details of the contract filed by the Major League Baseball Players Assn. Freeman will have $7 million deferred from his $27-million base salary for each of the first three years, then $12 million deferred in each of the final three years of the …

Bobby Bonilla and the True Story Behind Baseball’s Most Notorious Contract
3 years, 9 months ago

Bobby Bonilla and the True Story Behind Baseball’s Most Notorious Contract

Bloomberg  

An oft-forgotten fact about the Bobby Bonilla era with the New York Mets is that there were actually two Bobby Bonilla eras. The first one began in December 1991, when Bonilla, then 28 and a four-time All-Star with the Pittsburgh Pirates, signed a five-year, $29 million contract—Major League Baseball’s most lucrative ever up to that point—to move to Queens and …

Mookie Betts’ contract extension includes $115 million in deferred money
4 years, 4 months ago

Mookie Betts’ contract extension includes $115 million in deferred money

LA Times  

Mookie Betts made history last week. Betts’ contract includes $115 million in deferred money. Betts will have $8 million deferred from his base salary in each of the extension’s first five years. The financial plan doesn’t change the average annual value of the contract for competitive-balance tax purposes; it remains $30.417 million, according to Cot’s Baseball Contracts. Here are the …

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