Bobby Bonilla, who turned $5.9 million into $30 million thanks to a deferred contract, remains the only player who will be paid until he’s 72..
Yankees pitcher Domingo Germán threw the MLB's first perfect game since Seattle Mariners ace Félix Hernández threw one in August 2012.Wimbledon is getting underwayJoey Chestnut, the 15-time world champion, will be defending his title in the Nathan’s Hot Dog Eating Contest on July 4 in Coney Island, New York.
“I talk to Bobby on a regular basis anyway,’’ Gilbert told USA TODAY Sports, “but I really think about him on Father’s Day, because it’s the father of all deferred contracts.’’MIDSEASON MVP:Veteran agent Joe Longo paid the ultimate respect to Gilbert in March, 2020, when he was negotiating Christian Yelich’s club-record nine-year, $215 million contract. When Brewers owner Mark Attanasio and Longo reached a resolution that would defer $30 million of his contract, paying him $2.
Really, except for a 1% interest rate in the $80 million in deferred payments in Stephen Strasburg’s seven-year, $245 million contract with the Washington Nationals that will be paid from 2028-2030, few players have received deferred contracts with interest for the past 10 years. Now with interest rates increasing, it will be intriguing to see if more players go the route of Bonilla, taking deferred contracts providing there’s interest attached.
“This was like having a great annuity," Goldberg said. “It was a 16-year payout, and now the deal takes him almost to the age of 55. I think everyone’s happy the way it has worked out.’’ Now, with interest rates rising, and prices escalating in the free-agent marketplace, who knows, there could be another Bobby Bonilla deal awaiting.
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