NEW YORK — Contracts for Blake Snell and Tommy Edman increased the Los Angeles Dodgers' obligations for deferred payments to more than $1 billion owed to seven players from 2028-46. Snell's $182 million contract, announced Saturday, includes $66 million in deferred money payable to the pitcher through July 1, 2046, according to contract terms obtained by AP. Edman's $74 million, five-year deal, announced Friday, includes $25 million payable to the infielder and outfielder through July 1, 2044.
Los Angeles now owes deferred payments of $1,006,500,000 to seven players from 2028-46. Snell's average is discounted to about $31.4 million annually for the Dodgers' luxury tax payroll and Edman to approximately $12.
9 million. Snell gets a $52 million signing bonus payable on Jan. 25 and yearly salaries of $26 million, of which $13.
2 annually will be deferred. The deferred money is payable in equal installments each July 1 from 2035-46. People are also reading.
.. Los Angeles has a $10 million conditional club option for 2023 that could be exercised if Snell has a qualifying injury as specified in the contract and he spends 90 or more consecutive days on the injured list due to the qualifying injury and he has not been traded.
If Snell is traded, he would receive a $5 million assignment bonus, payable by the acquiring team. He also gets a hotel suite on road trips. Edman receives a $17 million signing bonus payable on Dec.
10, a $5 million salary next year and $12.25 million in each o.