Thanks to deferred payments, Max Scherzer will get $80,000 per day for the next 14 years

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Max Scherzer’s seven-year, $210 million contract with the Nationals includes a huge amount of deferred money, making the present-day value of the deal significantly less than $210 million.

But don’t worry: He’s still getting paid a ton of money over the life of the contract, which is spread over the next 14 years and includes a $50 million signing bonus that the 30-year-old ace receives immediately.

MLB’s officially determined that the present-day value of the contract is $191.4 million and in terms of luxury tax purposes the average annual value is sat at $28.69 million.

O’Connor Davies’ sports and entertainment senior group manager Robert Raiola crunched the numbers and calculates that Scherzer will make $81,967 per MLB in-season day for the next 14 years. And assuming Scherzer is a Florida resident paying standard federal, state, and payroll taxes Raiola figures he’ll pocket around $118.4 million of the $210 million contract.