Scherzer to the Mets

[Jim65]

Originally Posted by irishdenny

Is this on TOP of the $43.3 Mil?

Yep. Scherzer signed 7yr/$210M contract with the Nats, 1/2 was deferred. The Nats pay him $15M a year until 2027 and the Dodgers pay the last $15M in 2028.

[clydepepper]

Originally Posted by Jim65

Yep. Scherzer signed 7yr/$210M contract with the Nats, 1/2 was deferred. The Nats pay him $15M a year until 2027 and the Dodgers pay the last $15M in 2028.

the human sea lamprey, scott borus, just loves that.


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[nat]

Originally Posted by clydepepper

the human sea lamprey, scott borus, just loves that.


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It depends on what the interest rate is on the deferred payments, but in general it's in the team's favor to defer payments. He'll be paid for 2021 work in 2028 dollars, which will be worth less than they were in 2021, AND the team will have seven years to invest that money before they have to pay it to him.

[Snapolit1]

People who criticize the Mets Bonilla deal and laugh their ass off about it every year on the same day.

How do you tell me you don’t know much about finance without telling me you don’t know much about finance.