Fun With Deferred Money: The Cardinals Owe Matt Holliday $1.4M in 2029 and Other Hilariousness

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Fun With Deferred Money: The Cardinals Owe Matt Holliday $1.4M in 2029 and Other Hilariousness

MLB News and Rumors

The Chicago Cubs briefly dabbled with deferred money – i.e., paying a portion of a player’s contract way out into the future, reducing the initial hit and also decreasing the present value of the contract – around the time of the sale to the Ricketts Family, but, generally speaking, it hasn’t been part of their contractual M.O. For that reason, we don’t really think about deferring salary when discussing future Cubs contracts; it just isn’t on our minds.

Who knows? Maybe in order to sign a real whopper this offseason or next offseason or whatever, the Cubs will start getting into that world. Sometimes players don’t mind the security of knowing some of their payments will be spread out long into their post-playing days. And, given that it decreases present value, it’s not – in isolation –  a bad thing for organizations to do, even as it does create some Bobby Bonilla-inspired yuks many years later.

With money on the brain, I saw something funny on MLBTR about the Cardinals:

So that got me doing some Googling about deferred salary around MLB, and I found this post, which had gathered a bunch of tweets with some of the crazy deferments currently active. I thought you would enjoy. So enjoy:

The Nationals are the patron saint of deferring payments. I mean, look at that! They only just STARTED paying Rafael Soriano for the second year of his 2013 two-year contract!

The deferments to Stephen Strasburg and Max Scherzer are the whoppers:

So, by way of example, in 2028, when Strasburg is 40 and Scherzer is 44, and neither has been with the team for years, the Nationals will be paying the duo $25 million.

Interrupting the Nationals for a moment with a Ryan Braun appearance:

Holy Ken Griffey, Jr.:

The Mets are still paying Johan and the Red Sox are still paying Manny:

These two are blowing my mind:

These two might be as good as the Bobby Bonilla payments, though:

Bruce Sutter last pitched 30 YEARS AGO.


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Author: Brett Taylor

Brett Taylor is the Editor and Lead Writer at Bleacher Nation, and you can find him on Twitter at @BleacherNation and @Brett_A_Taylor.