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Jon Heyman's Fance reports that Jacob deGromThe $ 137.5 million five-year extension includes $ 52.5 million of interest-free carryforwards.
The Mets did it in the past. The most famous example is the format that the team decided to use for Bobby Bonilla in which they pay him $ 1 million a year, in which they pay him $ 1.19 million a year from 2011 to 2035.
More recently, the Mets have done it with David Wright as detailed by Ken Davidoff of the New York Post. The right-hander will start the opening day tomorrow against Max Scherzer and Washington nationals.
Ronald Blum from The Associated Press reports that $ 12 million of each of its 2020 and 2023 seasons will be deferred, while $ 13.5 million will be in 2021 and $ 15 million in 2022. Meanwhile, $ 15 million will be deferred for its option to club 2024, if exercised.
The money will be payable 15 years after being earned on July 1 of the season in question, which would make it start in 2035 and end in 2039 if the team had to exercise the option.
Here's Chris Soto's analysis of the Mets payroll.
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The deferred payment terms reduce the net present value of the transaction to $ 108.9 million.
Results: A VAA of $ 21.78 million for the next 5 years.
A luxury tax saving of $ 5.72 million per year compared to a standard 5 year / $ 137.5 million contract. https://t.co/Lzt8BR4Cd0
– Christopher Soto (@ SotoC803) March 27, 2019
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