When the first reports of Matt Holliday’s deal came out they said that
the contract was not backloaded. I suppose that’s technically accurate in that he’ll receive the same amount of money for all seven years of the active part of the deal, but that doesn’t exactly tell the whole story:
The St. Louis Cardinals will be paying Matt Holliday through 2029 under
the $120 million, seven-year contract that is likely to be finalized
Thursday. Holliday will get $17 million a season in salary, but $2 million a year
will be deferred without interest, a person familiar with the
negotiations told The Associated Press on Wednesday.
I guess that’s less than 20 years from now, but when you say “2029” it seems like an impossibly long time into the future. Like, I get this image of his last check being delivered to him via flying car to his home on a colony on the moon or something.
Not that this is the most notable deferred money deal of all time. Back in 2000, Bobby Bonilla struck a deal with the Mets in which the team purchased an annuity rather than pay him the remaining $5.9 million of deferred money that he was owed from his 1992 contract. Every July 1st, starting in 2011 and lasting until 2035, Bonilla will receive $1.19 million. Bonilla is going to be 72 on the day he receives his last payment.
NEW YORK — With star outfielder Adam Jones nursing a tender hamstring, the Baltimore Orioles selected the contract of Julio Borbon from Double-A Bowie and optioned pitcher Mike Wright to Triple-A Norfolk.
Borbon was inserted in the starting lineup for Baltimore, batting ninth against hard-throwing New York Yankees rookie Chad Green.
“We had some other center field options,” manager Buck Showalter said. “Borbon is our best option at this point.”
Jones left Friday’s game in the second inning with a left hamstring strain. He departed the previous night’s game at Washington in the ninth inning with hamstring cramps and aggravated the injury hustling down the first base line on a soft grounder to third.
“I got a feeling that if he hadn’t had that first swinging bunt, it might not have been a problem,” Showalter indicated. “He’s not going to trot to first base as much as I talked to him about it before the game.”
Although Jones was unable to talk his way into Saturday’s lineup, Showalter speculated that he might be available to pinch-hit.
The 30-year old Borbon was 2 for 9 in five games with the Orioles earlier this season, but was designated for assignment on July 26. To create room for Borbon on the 40-man roster, pitcher Logan Ondrusek was designated for assignment on Friday.
Good news in Boston: An MRI on Red Sox outfielder Andrew Benintendi‘s left knee revealed no structural damage.
Benintendi slipped while trying to avoid a tag at second base, injuring his leg, but it appears he’s avoided a serious injury. A timetable for his return isn’t known at this point, but the Red Sox expect to get him back before the end of the season.
Benintendi is hitting .324/.365/.485 with a homer and ten RBI in 21 games.