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Freddie Freeman’s Dodgers contract: $57 million deferred

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Freddie Freeman’s new six-year, $162 million contract with the Dodgers includes $57 million in deferred money, according to contract details filed by Major League Baseball Players Assn.

The deferred payments do not bear interest and, according to our expertise, will be paid out between 2028 and 2040. They will change the effective value of the contract, giving it a today’s value of approximately $148,195,494, based on union calculations.

Freeman will withhold $7 million from his $27 million base salary in each of the first three years, then $12 million in each of the last three years of the deal, which runs through 2027. If Freeman is traded, his new team would not be able to defer the money he is still owed.

The deferrals do not affect the average annual value of the contract for competitive balance tax purposes; That leaves the full $27 million a year, according to Cot’s Baseball Contracts.

Here’s how Freeman’s contract breaks down year by year:

2022: $27 million ($7 million deferred with no interest)

2023: $27 million ($7 million deferred with no interest)

2024: $27 million ($7 million deferred with no interest)

2025: $27 million ($12 million deferred with no interest)

2026: $27 million ($12 million deferred with no interest)

2027: $27 million ($12 million deferred with no interest)

https://www.latimes.com/sports/dodgers/story/2022-03-19/freddie-freeman-dodgers-contract-includes-57-million-deferred-payments Freddie Freeman’s Dodgers contract: $57 million deferred

Andrew Schnitker

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