Half of Rafael Soriano’s new $28 million contract is deferred

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Rafael Soriano’s two-year, $28 million pact with the Nationals has an interesting financial breakdown.

According to Jim Bowden of ESPN and SiriusXM, the right-handed reliever will make just a $7 million salary in 2013 and 2014, and the remaining $14 million will be deferred until after the 2018 season. So agent Scott Boras can boast about landing his client a contract worth $14 million per year when in actuality it’s going to shake out much differently.

It’s still a nice score for Boras and Soriano considering the challenges presented by the new draft pick compensation system. The Nationals will not have a first-round pick in the 2013 MLB Amateur Draft because of the signing.

The Yankees, meanwhile, now possess picks 27, 31 and 32.

Red Sox re-sign Mitch Moreland to two-year deal

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The Red Sox have re-signed first baseman Mitch Moreland to a two-year contract, the club announced on Monday. According to Evan Drellich of NBC Sports Boston, the total value of the deal is $13 million and Moreland can earn more through performance incentives.

Moreland, 32, hit .246/.326/.443 with 22 home runs and 79 RBI in 576 plate appearances with the Red Sox in 2017. With Moreland back in the fold, the Red Sox are out of the running for free agent Eric Hosmer.

While Moreland doesn’t have the best bat among first basemen, he plays good defense. His return also means the Red Sox can safely stow Hanley Ramirez back in the DH role.