Scherzer's deal with Washington was $210M/7yrs. The whole $210M counted against their luxury tax computations over the 7 years. But, it was paid $15M/yr for 14 years. Lerner figured the deferred money could stay in real estate partnerships and pay for itself. Scherzer figured he could skinny by on $15/yr. Strasburg also has deferred money. Harper turned down a 10-yr partially deferred deal that would have paid him an expected value (at a 3% discount rate) equal to the 13-yr deal he took from Philly. 10% inflation makes Harper look smart.
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