The Brewers announced a five-year, $105 million extension with Ryan Braun yesterday that will keep him in Milwaukee through at least 2020, but they’ll actually be paying him for much, much longer.
According to Colin Fly of the Associated Press, the new contract includes at least $18 million in interest-free deferrals through 2031. In other words, until Braun turns 47 years old.
The agreement includes a $10 million signing bonus payable in four equal installments each April 1 from 2012 through 2015. Of his salary, $4 million annually from 2016-18 will be deferred without interest and $3 million a year in both 2019 and 2020. The deferred money will be paid in equal installments each July 1 from 2022 to 2031.
As Braun’s agent Nez Balelo explained yesterday, the deferrals will give the Brewers added flexibility to remain competitive over the life of the contract. They’ll actually have a payroll hit of $15 million annually from 2016-2019 and $13 million in 2020.
Of course, deferrals are nothing new around baseball. The Cardinals will be paying Matt Holliday through 2029 while the Mets won’t be finished paying Bobby Bonilla until 2035.
Jon Morosi of FOX Sports and MLB Network reports that the Padres are working to trade starter Andrew Cashner. He notes that a deal may be consummated before he takes the hill for Tuesday’s start in Toronto against the Blue Jays. The Marlins, Orioles, and Rangers have had reported interest in Cashner.
Cashner is 4-7 with a 4.79 ERA and a 61/27 K/BB ratio in 73 1/3 innings. He missed over three weeks between June 11 and July 2 due to a strained neck.
The right-hander is earning $9.625 million this season and will be eligible for free agency after the season.
The Nationals announced on Tuesday that the club activated first baseman Ryan Zimmerman from the 15-day disabled list. Zimmerman had been out since July 7 with a strained rib cage on the left side.
Zimmerman has been inserted in the sixth spot in Tuesday’s lineup against the Indians. The veteran went on the DL with a lackluster .221/.284/.402 triple-slash line with 12 home runs and 38 RBI in 313 plate appearances.
Clint Robinson and Daniel Murphy split time at first base in Zimmerman’s absence, which allowed Trea Turner to get regular playing time at second base. Turner will play center field on Tuesday night.
The Nationals also activated pitcher Sammy Solis from the disabled list. Solis had been out since July 7 with inflammation in his right knee.