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.