Thread by @mikemayerMMO

Happy MLB Deferment Day!

This thread is dedicated to past, present, and future deferred contracts given to Major League Baseball players.

It started before Bobby Bonilla and goes well beyond him.

The Atlanta Braves are still paying Bruce Sutter $1.12 million a year in a deferred payments through 2021 and he will also receive a final balloon payment of $9.1 million.

His deferred payments started in 1985.

The Orioles will pay Chris Davis $42 million in deferred money to be paid in 10 installments of $3.5 million annually each July 1, 2023-32, and five installments of $1.4 million each July 1, 2033-37

Orioles will have to pay Alex Cobb $20 million deferred with $2 million on 11/30/22 & $1.8 million annually each 11/30, 2023-32.

If Cobb does not pitch at least 130 innings in 2020, an additional $5.5 million of 2021 salary is deferred, payable $1.75 million annually, 2033-35

The Orioles will give Mark Trumbo deferred payments of $1.5 million on November 1st in each of 2020, 2021, and 2022.

The Orioles agreed to give Ubaldo Jimenez $9 million in deferred money, which they started paying in 2018.

Payments are in $2.25 million installments.

Yovani Gallardo was given $3.25 million deferred in his contract with the Orioles, that will be paid in installments of $1.625 million each on 7/1/19 and 7/1/20.

The Orioles and Mariners are sharing these payments following trade to Seattle.

When Darren O'Day re-signed with Orioles in 2015, he agreed to $1 million deferred payments to be paid in 2020-2023.

Chris Sale agreed to receive $50 million in deferred payments from the Red Sox.

He will receive $10 million annually on June 30th from 2035-2039 and if club exercises 2025 option, $5 million is deferred until 6/30/2040.

The Red Sox will give Dustin Pedroia $18 million in deferred payments, $2 million every year in 2021-2024 and $2.5 million every year in 2025-2028.

The Red Sox started their deferred payments to Manny Ramirez in 2011 at $1,968,677.

He will receive $2,013,418 today and payments continues through 2026 at 2.5% interest.

When Evan Longoria signed with the Rays in 2017, he agreed to defer $11 million without interest.

The Blue Jays are responsible for $5 million of Troy Tulowitzki's contract from 2019 that was deferred, payable in 10 equal installments each Jan. 1, 2025-34 with 3% interest.

Paul Konerko started receiving annual deferred payments of $1 million from the White Sox in 2014 and that continues through 2021.

When Zack Greinke signed with the Diamondbacks in 2015, he agreed to defer $62.5 million.

To be paid in five $12.5 million installments each Nov. 1, 2022-26.

The Angels agreed to pay Albert Pujols $10 million over 10 years in a personal-services contract that begins upon retirement or once his contract expires.

Personal-services agreement is not included in MLB luxury tax calculations.

The Seattle Mariners have a deferred payment set up with Ichiro.

$25 million at 5.5 percent interest in annual installments each Jan. 30
starting with the year after his retirement from the major leagues up until at least 2032.

Wei-Yin Chen will receive the following deferred payments from the Marlins:

$9 million on 6/30/20
$5 million on 11/30/20
$15 million on 6/30/21

Ken Griffey Jr. agreed to defer $57.5 million at 4% interest when he signed with the Reds.

The payments started in 2009 at $3,593,750 and continue through 2024.

The Cincinnati Reds are paying Bronson Arroyo $1,363,636 this year and that deferred payment continues through 2021.

In total, he will receive $15 million in deferred payments from the Reds.

The Colorado Rockies pay $13.1 million of the money they owed Todd Helton over a span of 10 years starting in 2014 with 3% interest.

The Milwaukee Brewers have to pay Ryan Braun $1,800,000 each year on July 1 starting in 2022 through 2031.

Lorenzo Cain will receive $1 million annually from the Brewers as a deferred payment from 2023 to 2027.

The Brewers owe Matt Garza $8 million in deferred payments, to be paid in four installments of $2 million each on Dec. 15, 2018-21.

The Cubs deferred all of Jason Heyward's $20 million signing bonus, paid in four $5 million installments, each April 1, 2024-27.

The Washington Nationals agreed to give Rafael Soriano $14 million in deferred money that started in an annual check of $2,000,000 in 2018 through 2024.

Matt Wieters receives a one-time deferred payment of $5 million from the Nationals in 2021.

Daniel Murphy received a deferred payment of $3 million from the Nationals on 1/15/2020 and already received one of $2.5 million on 1/15/2019.

The Washington Nationals agreed to give Max Scherzer deferred payments of $15 million each July 1 from 2022 to 2028.

Brian Dozier received a one-time deferred payment from Nationals of $2 million on 1/15/2020.

Anibal Sanchez will receive a one-time deferred payment of $4 million on 1/15/2021 from the Nationals.

$10 million of Patrick Corbin's 2024 salary with the Nationals is deferred without interest, to be paid Nov. 2024 through Jan 15, 2026.

The Washington Nationals gave Ryan Zimmerman a 5-year, $10 million personal services contract that will begin once his playing career ends.

Stephen Strasburg will get the following deferred payments from the Washington Nationals:

$10 million on July 1 of 2020-2022
$26,666,667 on July 1 of 2027-2029
$3,999,974 on Dec 31, 2029

The St. Louis Cardinals will pay Matt Holliday $1.4 million on July 15th every year from 2020 to 2029.

The Mets have paid Bret Saberhagen a deferred payment of $250,000 annually starting in 2004 and that continues through 2028.

The New York Mets will cut a check for $1,193,248.20 to Bobby Bonilla today and will continue that annually through 2035.

The payments started in 2011.

Jeurys Familia will receive two deferred payments of $1 million from the Mets:

One by 1/15/22 and the other payable by 7/1/22.

When Jacob deGrom signed his extension with Mets, he agreed to defer $52.5 million.

Will defer $12M in 2020, $13.5M in 2021, $15M in 2022, $12M in 2023, $15M in 2024 if club exercises option.

Deferrals to be paid 7/1 in 15th year after salary is earned, from 2035 through 2039

Here's the known details of David Wright's deferrals with the Mets (thanks @SotoC803)

2021: $5.1 million
2022: $5.1M
2023: $5.1M + ~$566k interest
2024: $3.1M
2025: $3.1M

@SotoC803 Goose Gossage received deferred payments from the Padres of $240,000 per year from 1990-2006 and $125,000 from 2007-2016.

@SotoC803 Here's the complicated details of the deferred payment agreement between Christian Yelich and the Brewers via Cot's Contracts on @baseballpro.

Phil Niekro signed a three-year deal with the Braves for 1980-1982, part of that deal included deferred payments of $8,500 per month starting on Jan. 1, 1985 through 2010.

The Braves gave reliever Al Hrabosky a five-year deal for 1980-1984.

He was cut in 1983, but still owed deferred payments of $180,000 through 2010.

The Mets deferred 40 percent of Darryl Strawberry's 1990 salary of $1.8 million at a 5.1 percent interest rate to be paid from 2004-2033.

That payment was later sold by the IRS to the highest bidder in 2015.

The Yankees deferred $6 million of Derek Jeter's 3 year, $51 million deal with the Yankees for 2011-2013.

Payments of $2 million were made annually from 2015-2017 on March 15th.

Here’s a great note by my friend @Jacob_Resnick on deferred contract agreement between the Pirates and Dave Parker.

@Jacob_Resnick It was fairly common for the Yankees to defer compensation in contracts in the 70s/80s, here's a few players they did so with:

Reggie Jackson
Tommy John
Rudy May
Oscar Gamble

Here’s coverage on Alex Rodriguez and his deferred contract agreement with the Rangers from @Evan_P_Grant.