Blog Entry

Breakdown of Ryan Braun's contract

Posted on: April 22, 2011 8:40 pm
 

By Evan Brunell

BraunThe details for Ryan Braun's contract have come out, as deferred payments will continue giving Braun paychecks from 2022-2031.

As MLB.com relays, at least $18 million of Braun's five-year, $105 million extension is deferred interest-free to be paid July 1 of each year. While his salaries from 2016-2019 will be in the books as $19 million, at least $4 million per season is deferred, along with $3 million deferred from his 2019 salary of $18 million and 2020's $16 million. This is a significant number, as the deferrals will allow Braun to collect money well into his retirement as well as give Milwaukee flexibility to pursue players to add to the roster without being stretched financially.

The option for 2012 is for a $15 million salary that can go up to $20 million based on bonuses, but these additional monies would be deferred as well.

By the way, fun fact: while Braun will be paid through 2031, it's not even the longest obligation a team has on a player. Beginning on July 1, the Mets will begin paying former outfielder Bobby Bonilla $1.19 million over the next 25 years as part of a buyout of his contract back in 2000 when he was owed $5.9 million.

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Category: MLB
Comments

Since: Oct 7, 2011
Posted on: October 13, 2011 8:32 am
 

Breakdown of Ryan Braun's contract

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