Happy Bobby Bonilla Day

[cammb]

Today Bobby Bonilla receives another 1.19 mil from the Mets. 13 more years to go.

[Leon]

I read an article about this yesterday. Interesting.
.

[tschock]

Originally Posted by cammb

Today Bobby Bonilla receives another 1.19 mil from the Mets. 13 more years to go.

Meh. In 12 years that'll be the cost of general admission tickets for a family of 4 with maybe a hot dog and a drink.

[mrreality68]

Do not forget Baltimore is also paying him $500,000 thru 2029


https://fansided.com/2021/07/01/mets...a-day-orioles/

[ClementeFanOh]

Never cared for the player. Gotta hand it to him/his agent, though.
Remarkable big picture thinking- and I didn't know about the 2nd team owing
him as well. Well played Bobby Bo!

Trent King

[mrreality68]

Actually I wonder does his agent get a percentage of it every year also?

[commishbob]

Copied from another site here’s a partial list of deferred salaries in baseball at the moment. It’s a long list.



The Atlanta Braves paid Bruce Sutter 1.12mil/yr from 1989 through 2021 and a lump sum balloon of 9.1mil in 2022. This has been going since 1985 and with the lump sum will be both a longer and more expensive deferred contract than Bobby Bonilla’s
The Baltimore Orioles will ALSO pay Bobby Bonilla 500k/yr through 2028
Orioles also paying Chris Davis 3.5mil/yr each July 1 from 2023-2032, and $1.4mil/yr from 2033-2035
Orioles also paying Darren O’day 1mil/yr from 2020-2023
Orioles also paying Alex Cobb 5mil/yr from 2022-2025.
Orioles also paying Mark Trumbo 1.5mil/yr through 2022
Orioles also paying Andrew Cashner 1.5mil/yr through 2022
Orioles also paying Ubaldo Jimenez 2.25mil/yr through 2022
The Boston Red Sox will pay Dustin Pedroia 2mil/yr from 2021-2024 and 2.5mil/yr 2025-2028
Red Sox also paying Chris Sale $10mil/yr from 2035-2039, add’l 5mil in 2040 if they exercise 2025 option
Red Sox also paying Manny Ramirez 1.9mil+2.5% interest through 2026
Red Sox also paying Adam Ottavino 3mil in 2022
The Cincinnati Reds will pay Bronson Arroyo 1.3mil/yr through 2021
The Reds also paying Ken Griffey Jr. 3.5mil/yr through2024
The Colorado Rockies will pay Todd Helton 1.3mil/yr with 3% interest through 2024
Rockies also paying Vinny Castilla 106k/yr from 2015-2029
The Chicago Cubs will pay Jason Heyward 5mil/yr from 2024-2027
The Houston Astros will pay Zack Greinke 12.5mil/year from 2022-2026 (Deferral traded with Grienke from the Dbacks.)
The Los Angeles Angels will pay Albert Pujols 10mil/yr for 10 years upon either his retirement or the end of his contract.
The Los Angeles Dodgers paying Freddie Freeman 4.75mil/yr from 2028-2040
The Miami Marlins will pay Wei-yin Chen an average of 12mil/yr through 2022
Marlins will also pay Giancarlo Stanton $10mil/yr from 2026-2028
The Milwaukee Brewers will pay Ryan Braun 1.8mil/yr from 2022-2031
The Brewers also paying Lorenzo Cain 1mil/yr from 2023-2027
The Brewers also paying Matt Garza 2mil/yr through 2021
The Brewers also paying Christian Yelich 2.5mil/year from 2031-2042, more if mutual option exercised.
The New York Mets will pay Bret Saberhagen 250k/yr through 2028
The Mets also paying Bobby Bonilla 1.19mil/yr through 2035
The Mets also paying Jeurys Familia 2mil in 2022
The Mets will also pay Jacob DeGrom an average of 13.5mil/yr from 2035-2039, less if 2024 option declined.
The Mets would have paid David Wright 2mil/yr from 2021-2023, 2.5% interest also due 2023 but renegotiated as part of his retirement.
The Mets also paying Francisco Lindor $5mil/yr from 2032-2041.
The Mets also paid Johan Santana $5mil/yr from 2014-2020.
The Oakland A’s will pay Trevor Rosenthal $3mil/yr from 2022-2023.
The San Francisco Giants will pay Mark Melancon 1mil/yr from 2021-2028.
Giants also paying Anthony DeSclafani $3mil in 2022.
The Seattle Mariners will pay Ichiro 25mil total through 2032 with 5.5% interest (exact details unknown.)
The St. Louis Cardinals will pay Matt Holliday 1.4mil/yr through 2029
The Cardinals also paid Jim Edmongs 3mil/yr from 2010 through 2019
The Texas Rangers are still paying Alex Rodriguez through 2025, but exact terms are unknown due to their 2010 bankruptcy. He was due $26mil at time of the bankruptcy.
The Toronto Blue Jays will pay Troy Tulowitzki 500k+3% interest from 2025-2034
The Washington Nationals will pay Rafael Soriano 2mil/yr through 2024
Nationals also paying Matt Wieters 5mil in 2021
Nationals also paying Stephen Strasburg 10mil/yr from 2024-2030
Nationals also paying Daniel Murphy 3mil in 2020
Nationals also paying Max Scherzer 15mil/yr from 2022-2028
Nationals will pay Ryan Zimmerman 10mil/yr for 5 years from whenever his playing career ends
Nationals also paying Patrick Corbin 3.3mil/yr from 2024-2026
Nationals also paying Brian Dozier 2mil in 2020
Nationals also paying Anibal Sanchez 2mil in 2021
Nationals also paying Brad Hand 2.167mil from 2022-2024

[mrreality68]

Thanks Bob

Amazing list

Never knew about the Bruce Sutter one. Amazed that it was not in the media more especially going on long before Bonilla’s

[GeoPoto]

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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[BobC]

Originally Posted by GeoPoto

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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From a player's standpoint, you're probably weighing the potential tax savings by deferring your salary against the cost of inflation, as to which ends up being the overall better option. And you also have to recognize and factor in the potential earnings you may forego by taking the deferred salary and not having invested at least some of that money you would have otherwise received a lot earlier. And you also need to factor in other sources of income in later years during your receipt of the deferred payments, the potential tax implications of such, and so on. It is not exactly an easy and forthright calculation to make as to which is always going to be the best option, and will vary from player to player depending on their specific situation, facts, and circumstances.