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.
CC Sabathia‘s contract with the Yankees expires after the 2017 season but the lefty feels that he has enough left in the tank to pitch in 2018 and beyond, Mark Feinsand of the New York Daily News reports.
Sabathia said, “I just know myself. I know I feel like it’s not my time yet. Barring any crazy injuries I know I can pitch past next year. I feel like this is just the beginning of what I’m trying to do. I feel like there’s a lot more still to learn and a lot better to get. It’s exciting.”
The 36-year-old lefty currently holds a 4.02 ERA and a 144/63 K/BB ratio in 172 1/3 innings. It’s his best and healthiest season since 2012. He battled a knee injury last season and checked into rehab for alcohol addiction last October. Sabathia said that being treated for his addiction put him “in a good spot.”
Sabathia is owed $25 million through a vesting option for the 2017 season.
The Red Sox can thank the Orioles for not having to fight to clinch the division on Thursday or later. The Orioles came from behind to defeat the Blue Jays 3-2 on Wednesday evening, clinching the AL East for the Red Sox.
A few minutes after that game went final, the Red Sox squandered a 3-0 lead taken in the eighth inning, culminating in a walk-off grand slam by Mark Teixeira in the bottom of the ninth inning. Closer Craig Kimbrel started the ninth, but didn’t have control over any of his pitches. He allowed a leadoff single followed by three consecutive walks to force in a run. Joe Kelly relieved Kimbrel and seemed to be close to wriggling out of the jam, getting Starlin Castro to strike out looking and Didi Gregorius to pop up. But after starting Teixeira with a first-pitch curve ball for a strike, Teixera clobbered a 99 MPH fastball, sending it over the fence in right-center to end the game.
For the Yankees, the come-from-behind victory was crucial as it staved off Wild Card elimination for one more day.
This is the first time the Red Sox have clinched the AL East since 2013, also the last year they won the World Series.