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

Freddie Freeman’s new six-year, $162-million contract with the Dodgers consists of $57 million of deferred cash, based on particulars of the contract filed by the Main League Baseball Gamers Assn.

The deferred funds are with out curiosity, and shall be paid out from 2028 till 2040, based on an individual with information of the state of affairs. They’ll change the contract’s efficient price, giving it a present-day worth of roughly $148,195,494, based on calculations by the union.

Freeman may have $7 million deferred from his $27-million base wage for every of the primary three years, then $12 million deferred in every of the ultimate three years of the deal, which runs by means of 2027. If Freeman is traded, his new workforce wouldn’t have the ability to defer any of the cash he’s nonetheless owed.

The deferrals don’t have an effect on the common annual worth of the contract for competitive-balance tax functions; it stays the total $27 million annually, based on Cot’s Baseball Contracts.

Right here is how Freeman’s contract breaks down 12 months over 12 months:

2022: $27 million ($7 million is deferred with out curiosity)

2023: $27 million ($7 million is deferred with out curiosity)

2024: $27 million ($7 million is deferred with out curiosity)

2025: $27 million ($12 million is deferred with out curiosity)

2026: $27 million ($12 million is deferred with out curiosity)

2027: $27 million ($12 million is deferred with out curiosity)