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.
SAN DIEGO — Veteran closer Kenley Jansen and the Boston Red Sox have agreed to a two-year, $32 million deal, a person familiar with the deal told The Associated Press.
The person spoke to the AP on condition of anonymity because the agreement was pending a physical.
The 35-year-old Jansen went 5-2 with a 3.38 ERA in 64 innings for Atlanta this year. The three-time All-Star led the National League with 41 saves, helping the Braves win the NL East title.
Boston is looking to bounce back after it finished last in the AL East this season with a 78-84 record. The Red Sox went 92-70 in 2021 and lost to Houston in the AL Championship Series.
Jansen spent his first 12 seasons with the Los Angeles Dodgers, winning a World Series title in 2020. The right-hander signed a $16 million, one-year contract with Atlanta in March.
Jansen has a 2.46 career ERA. He was an All-Star in 2016-2018.
His 391 career saves are the second-most among active players (behind Craig Kimbrel‘s 394) and eighth all time.