The Dodgers and super-utility man Tommy Edman have agreed to a five-year $74MM extension that runs from 2025 to 2029 and contains a club option for the 2030 season, the team has announced. ESPN’s Jeff Passan was first with the agreement. Per Passan, the option for 2030 is worth $13MM and comes with a $3MM buyout. The deal includes a $17MM signing bonus, and approximately a third of the money is deferred. $25MM will be deferred and paid out over a span of ten years, starting five years after the deal is complete, per Fabian Ardaya of The Athletic (X link). Edman was already under contract for 2025 at a rate of $9.5MM, so this deal adds four years and $64.5MM in terms of new money.
The club was reportedly in the midst of “preliminary” discussions regarding an extension with Edman’s camp last week, and those talks have now come to fruition. Edman, 29, was acquired by the Dodgers from the Cardinals alongside White Sox right-hander Michael Kopech in a three-team, eight-player trade that also sent Tommy Pham and Erick Fedde to the Cardinals and Miguel Vargas to the White Sox just prior to this summer’s trade deadline. At the time of the deal, Edman hadn’t appeared in a big league game following setbacks related to wrist surgery he underwent during the 2023 offseason. While he ultimately didn’t make his Dodgers debut until August 19, the switch-hitter made an immediate impression with the club as he seamlessly shifted between center field and shortstop as needed down the stretch and into the postseason, all while hitting a respectable .237/.294/.417 (98 wRC+) in the regular season and an excellent .328/.354/.508 during a torrid playoff run that earned him the NLCS MVP award.
Evidently, 53 games between regular season play and the postseason was all that the Dodgers needed to decide that Edman was a player they wanted to have on the team long-term. The utility man was due $9.5MM entering his final year before free agency, meaning that the deal actually guarantees Edman $64.5MM over four years in terms of new money, though the club option still gives the Dodgers an extra five years of control over Edman, who will play the 2030 season at the age of 35. Turning back to the guaranteed years, this deal theoretically increases the average annual value of Edman’s deal from $9.5MM to $14.8MM for the 2025 season, though it’s unclear where the final AAV calculation for the extension will land once the reported deferrals have been accounted for.
By keeping Edman in the fold long-term, the Dodgers will retain a flexible player who can play all over the diamond and shift between the infield and outfield with minimal issues based on the needs of the club. That’s an archetype of player the club has coveted in recent years, as evidenced by their commitment to veteran utility man Chris Taylor and frequent deals with utility man Enrique Hernandez. While Hernandez is currently a free agent and Taylor does not figure to be a regular fixture in the club’s lineup for 2025, Edman is joined by Mookie Betts as a player who offers the Dodgers plenty of flexibility in their lineup construction. A six-time Gold Glove winner in right field, Betts has in recent seasons begun to play an increasing amount of second base and even shortstop, and the club seemingly plans to play him on the infield dirt again in 2025.
With Betts, Gavin Lux, and Miguel Rojas poised to handle the middle infield for the Dodgers next year, that could leave Edman to patrol center field for the Dodgers on a regular basis next year. It’s a position he only picked up on a regular basis in 2023, but he’s been undeniably effective since moving there: he posted +1 Outs Above Average at the position in just 188 innings with the Dodgers this year after reaching an excellent +5 mark in 330 innings in center for the Cardinals in 2023. If he can maintain that level of defensive prowess at the position over a full season, Edman’s league average bat should make him a well above average regular overall for the Dodgers in 2025.
It’s already been a busy offseason for the Dodgers, as today’s Edman extension pairs with their blockbuster five-year deal with lefty Blake Snell earlier this week. With room to improve in the outfielder corners, holes to fill in the bullpen, and longtime franchise face Clayton Kershaw as of yet unsigned, there figures to be plenty more on president of baseball operations Andrew Friedman’s to-do list this winter. Having Edman’s plus defensive ability locked into center field for the foreseeable future could make the club even more comfortable pursuing offensive upgrades in the outfield corners. They’ve already been linked to corner bats without much defensive prowess such as Teoscar Hernandez and even Juan Soto, both of whom are rumored targets for L.A. this winter and would surely appreciate being flanked by a center fielder of Edman’s caliber.
metsfan1992
Ah, the Los Angeles Deferrals are at it again I see.
Doral Silverthorn
Pot, kettle, black. The Mets are literally the most famous team to ever give a deferral. July 1 is a day in Mets lore. Bobby Bonilla is disappointed, yet here you are.
sad tormented neglected mariners fan
Only Bernie madoff can stop the dodgers come back to life Bernie!!!
Breakaway
I don’t think the original Bobby Bonilla contract had deferrals. They bought the contract out and gave him interest because the Wilpons were heavily invested with Bernie Madoff and thought their investments and return would be more than his interest. As for the Dodgers. No complaints from me… they are playing by the rules that are established.
websoulsurfer
Cohen has not deferred any salaries. Bonilla retired in 2001. You are just a little out of date.
vtadave
$50 million of Lindor’s deal is deferred.
$26.5 million of Diaz’s deal is deferred
baseballandbrews
Literally every team is doing this.
Balk
You’re talking about one player, what do the dodgers have now? 6-7 players with deferred money. Totally ridiculous.
belowme29
Who cares if it’s deferred. It’s the players choice. No one is putting a gun to their head. If they want to live a dream and get a chance to win a world series, I’m all in. Any team in baseball can defer money. So all you weiners how cry about deferring, stop complaining. Cheap owners your team has.
Longtimecoming
Dodgers … deferred … duh!
Misfit0620
2024 World Series Champion Dodgers*
JerseyShoreScore
The outrage did not seem the same when Scherzer or Devers received huge deferrals…
spotrac.com/news/_/id/2092/detailing-active-mlb-de…
9/11ths
I think it’s because the Dodgers are really close to $1 billion in deferred money. Which is a significant amount higher than other teams.
Personally? I don’t care.
JerseyShoreScore
Ohtani is the only ABNORMAL deferred contract, the other deals are in line with most of the other one’s on the list. Ohtani is a unicorn for many reasons, but his ability to generate endless endorsement deals made that contract make sense for all factors, Ohtani can retire and get paid $68 million for a decade, he wants to win, and he certainly does not need the money now. I also think Ohtani take the deferrals to win makes other players more likely to accept it as well.
Keithyim
Yup. Finding it very hard to care when two parties agree to a contract.
derail76
I think you nailed it here. A lot of players want the money now. There are players that take loans out on future earnings, with Tatis Jr being one that stands out. He had to cut a pretty big check when he got paid. Shohei is a unicorn in the sense that he’s rolling in so much cash from endorsements and being a veteran MLB player, that he doesn’t care when he gets it. And like you said, he’ll still have a cash cow when he retires. Find me another player that’s willing to be the highest paid player in the sport, and not see any more than 2 mill of it per season until he retires. It’s not like other teams can’t do this, it’s that there are no other players that are willing to.
websoulsurfer
Dodgers are well over $1 billion in deferred salaries. Ohtani alone is $680 million. The other owners will get rid of this CBT loophole in the next CBA.
norcalblue
Could your elaborate web surfer on why this issue of deferrals is so objectionable to other owners?
BlueSkies_LA
Last I checked unicorns did not exist, and Ohtani does. Find a new analogy.
RunDMC
Sure, but one team is doing it a lot more and larger than anyone else. Through 4 guys alone (Ohtani, Betts, Freeman, Snell) they’ve deferred more than 1B. With a B. Large B.
VegasMoved
Ohanti is the only outlier there. Betts, Freeman, and Snell’s contracts are hardly unusual in MLB.
BlueSkies_LA
Reading these comments it’s always painfully obvious that probably not one in ten fans has even a basic understanding of how deferrals work, and why they are particularly useful for the Dodgers. It isn’t because they lower the CBT, because they don’t.
The cost of money built into the CBA is a quite modest annualized yield of 4.43%. The Dodgers are owned by a huge hedge fund, Guggenheim Partners. Their annualized return on investments likely averages at least twice this figure (probably a lot more). So they are betting that the funds they are required by the CBA to set aside for these deferrals annually will be worth far more than is required to pay them off when they become payable.
Bottom line, they are betting on their ability to net a significant discount on what they owe the players. Short of some sort of economic calamity, they are probably right.
Lanidrac
They’re also handing out huge signing bonuses to cut down even further on the AAV for CBT purposes while somewhat balancing their current and future payroll commitments.
This seems like something that needs to be addressed in the next CBA.
DroppedThirdStrike
Bonuses don’t affect AAV calculations
Lanidrac
That’s the problem. They SHOULD be affecting them, specifically adding to those calculations in some manner.
If the Dodgers had put that $17M into the contract itself instead of being a signing bonus, the AAV would’ve been $3.4M higher towards the CBT.
DroppedThirdStrike
I mean that the bonuses are calculated as part of the contract and are included in AAV. They have no bearing when they are paid out as far as the CBT in concerned.
VegasMoved
You misunderstood what he said. He’s saying signing bonuses don’t change what the AAV hit will be. There’s no reason for a fan to care what the signing bonus is, for us it’s all the same. Total money (whenever it’s paid out) divided by years.
pepenas34
Players seems to like it, its one way of getting the amount they are looking (clearly the money is not there in NPV) they get to raise the aav so the union likes it and owners seems to like it.
websoulsurfer
pepenas, the MLBPA has spoken out against deferred contracts with no interest like all the ones the Dodgers have signed. It doesn’t raise the AAV since the actual value of the contract is less when money is deferred.
DroppedThirdStrike
That’s why they are for higher overall dollars.
braves25
@Lanidrac
Actually bonuses still could toward the CBT. For I stance there was A LOT of confusion about Soler’s contract when he was traded. He counts as $16m against the boxes even though he is only making 12 or 14 whatever it is.
The deferral does reduce the CBT though. My question is, at what point do all the deferrals start to catch up with the Dodgers? I realize the Dodgers make 100’s of millions a year, but you would think at some point down the road this will effect them.
DarrenDreifortsContract
And what is exactly stopping other teams from giving out big signing bonuses?
Gary Z
They are doing some of the signing bonuses to reduce the heinous California state income tax hits for the players. And you can bet some of the layers with deferred money coming to them, like Ohtani, will move out of the state before they receive it. Gavin Newsome’s head must be exploding
DeusSexMachina
Does anyone think the “deferrals” thing is actually upsetting Dodgers fans? Why don’t you just mock them for being well managed and well hung too lol
ocladfan
Not one bit…
bmontgomery
you may want to re-visit Lindor’s contract, which will pay him through 2041
DeusSexMachina
OMG!! LOLmets deferring too?!
Seahawks19081
They are doing nothing wrong, people need to get over it. I hate the Dodgers by the way.
towinagain
On their way to signing every free-agent out there.
Not only can they defer but now MLB has granted LA a ‘Roster Size Exemption’ the first in MLB history.
The Dodgers now have no limits period.
towinagain
We all know this is just a live action version of MLB The Show. The Dodgers have ‘adjusted’ the user settings.
Enrico Pallazzo
Just another player doing his part to help the team win. Whatever team you root for could do the same thing if the players would agree to it. Keep on hating and crying though. Your tears are delicious
Lionoflambs
Tommy edman is a really good baseball player, it was his choice, LA has no option but to defer money if they want to
Ann Porkins
Uh… okay
towinagain
But hey, this is great for baseball, haha.
HopefulTwinsFan
I wish I could mute Dodgers articles at this point. No disrespect towards MLBTR whatsoever — Just sick of them.
Michael Chaney
I’m as tired of hearing about the Dodgers as the next guy, but you could just not click on them if that’s the case
Aussie_dodger
Michael Chaney just makes sense
baseballandbrews
Logic here is mind boggling. Thank you for your service.
HopefulTwinsFan
You’re not wrong – Just felt the need to voice my frustration. Maybe other people disagree, but feels the Dodgers have taken the fun out of offseasons when their team rules the Hot Stove.
Aussie_dodger
I am an Australian, I started following Dodgers in 1999 after I visited Los Angeles and went to my first game.
We finished the season .475 from memory.
I have followed them ever since, I never miss a game, either in person, on tv or on the radio.
It’s fans like you I have the utmost respect for
To follow a team thru ups and downs says something about a person in my opinion.
I am so grateful my team is run by incredibly special people who respect us as fans enough to put out a team capable of winning it all every year.
I hope for a floor salary cap for MLB
We all know spending the most money doesn’t win you the World Series.
RedFraggle
Not to be that person, but it literally just won them a World Series.
Cam
You don’t have to click on a Dodgers article. You definitely don’t have to click on it, scroll down and write a comment on it
mkeving
There are a lot of other articles to click on about other teams having interest in various free agents. Curate your own content hopeful twins fan.
amk1920
For making an actual move? Not like there is ever a Twins move to report
mkeving
I was just saying his name, not that the twins will make an actual move. Haha
bigalval
Playing by the rules everyone agreed to. Every owner can do the same thing. Some are cheap and don’t care about winning
Champ world champion Texas Rangers
Gross deal
johncoltrane
Dodgers should change their name to the los angeles deferrals
Falsehope
wow you just come up with that one buddy
DeusSexMachina
Stop. You’re really hurting our feewings.
fansincethe80s
With how much seed money and who did it come from.
Stop acting like the garage is the whole story.
fansincethe80s
App posted comment to wrong conversation, ignore.
Yankee Clipper
It’s actually the Okinawa Deferrals.
M.C.Homer
LA Taxdodgers
vtadave
Wow, first I’ve heard of that name.
Cambo
The only ownership with balls to take advantage of it. The NATS did it and won a World Series.
DroppedThirdStrike
“It’s not fair.”
– Nobody Relevant
larkraxm
Fairs have carousels and cotton candy.
Lionoflambs
And clowns, funnel cakes, and man oh man
Yankee Clipper
It’s not fair, but neither is having a better front office, a lower tax state, or nice weather to attract players. It’s also not fair that baseball players make hundreds of millions of dollars to suck. But, it’s kind of just….life.
Wrian Washman
It’s 2024 and we’re still having to explain to casuals why not “every team can do it”
larkraxm
Every team can do it by rule.
Wrian Washman
“by rule” don’t make me laugh you play by the same rules as Jeff Bezos and Elon Musk assuming you’re a US citizen. So why can’t you just have an Amazon and a SpaceX too. See how that sounds?
DroppedThirdStrike
Amazon was literally started in a garage. If you have a garage you could’ve started Amazon
l9ydodger
@wrian washman; the sound is you/we don’t have the IQ they have nor the cojones’ to try things!
differentbears
And a 400k loan.
njbirdsfan
Except for the minor issue that once an Amazon exists they have no interest in letting anyone else get a shot of becoming that big and being a threat as a competitor.
But antitrust is for commies in this country. So go cry to Trump folks and see where that gets you. Because you just voted out Lina Khan who was actually making some headway.
DroppedThirdStrike
Not every team can attract a player like Ohtani who can afford to defer a massive amount of salary. Literally every team can afford to add deferrals to contracts like the one given to Edman.
Not every team has the advantages that the Dodgers have. But there are no teams that can cry poor and no fans that at this point should be able to cry ignorant. Maybe just stop crying…
Wire to wire 2024
Not all teams generate the same revenue
DroppedThirdStrike
29 teams could’ve traded for Edman. 29 teams could’ve afforded to extend him. 29 teams could’ve used deferrals to do so.
There’s plenty of players out there affordably worth acquiring and extending and the rules allow for extensions.
Ask more from your team.
JerseyShoreScore
He did not say all teams can generate the same revenue, but all teams except the Mets were profitable every year…
Even the Yankees were ranked 18th in revenue spent on its payroll.
Many teams are profitable in the $200 million per year range and do not spend much at all.
differentbears
Correct, but not every team is willing to pay Ohtani regardless of how the salary is paid. 45-50 million a year now or mostly into escrow, the amount of ownership groups willing to spend that kind of money on one player is limited.
Just look at the Soto offers. 30 teams, only 5 made an official offer. Acting like the Dodgers are somehow unfairly gaming the system is stupid; every ownership group could afford it, most choose not to and let their fans carry their water and cry poor.
belowme29
Well said
TJECK109
I know it will never happen but just imagine if the Dodgers somehow ended up bankrupt.
All that deferred money…
mkeving
What keeps getting missed somehow is that the CBA dictates that the team pays all deferred money into an escrow account within 2 years of that money being earned. The deferred money is going to have no impact on future spending or financial obligations at all.
derail76
It happened. Under previous ownership. Guggenheim is a far different animal than Frank McCourt.
differentbears
It happened because MLB let McCourt buy the Dodgers when they shouldn’t have, and then the McCourts used the team as a fun money fund until MLB stepped in.
Frank McCourt’s punishment? He still owns the parking lot, and he sold the team for a lot more than he paid for it.
VegasMoved
McCourt co-owns the parking lot, with the Dodgers.
BlueSkies_LA
News flash: the current Dodgers ownership bought the team out of bankruptcy, and this happened under a cheapskate owner who disinvested in the team and treated like a personal piggybank. Fortunately this ownership seems to know what they are doing.
Lanidrac
Isn’t it technically a four year extension, as he was already under team control for 2025?
Longtimecoming
Lani – depends on the terms of contract. If it starts now (voids current 2025) or if they play under 2025 and just tack on 4 years.
So, could he either way.
jmoon807
And MLB is worried about Steve Cohen.
AgentF
Exactly! I don’t think anyone can really do anything about the Dodgers. Players just want to play for them that much more than any other team in baseball. The funny thing is that Reinsdorf was the one adamantly urging other owners to block Cohen from taking over the Mets, hahaha. That’s not a great look right now after the season the Sox just had. Still, if people had the choice, sunny, luxurious California or… ehhhh Minnesota… nobody is choosing Minnesota.
Armaments216
Well the Dodgers can only have 26 players on their active roster, so should be more than a few other pretty good players left for other teams to sign.
hiflew
It’s funny that the Dodgers committed money in 2048 is probably already higher than most teams committed money in 2025. Well, not ha-ha funny, more like “my interpreter was the only one betting” funny.
Ignorant Son-of-a-b
Meet the new Chris Taylor.
runningwithnailclippers
Hi there Richard. I really like your music.
kellin
Polygon Window was the best stuff he did.
runningwithnailclippers
I am not worried about their use of deferrals, but I just don’t understand the overpay for Edman. He is a (at best) an average hitter his whole career and will start to slow down defensively as he goes through this contract. Plus if you go all metrics on us, his OPS is literally 100 for his career. Good for him, but not great for baseball when his level of player gets that sort of pay.
DeusSexMachina
Dodgers haters are welcome to cry at me today or defer that envy over the next 10 years.
eddiemurraysafro
Now the Dodgers can cut Chris Taylor
Ignorant Son-of-a-b
Michael Kopech and Edman for Vargas seems a bit of a highway robbery, no?
Diggydugler
yes
Blackpink in the area
Edman had 1 year of team control left and was hurt at the time of the trade. He really wasn’t all that valuable. I thought he had negative trade value at the time of the deal actually.
Bivouac-Sal
Farsighted.
mets1977
10 years from now the Dodgers are going to be paying $100+ million in deferred payments to players no playing for them. This haas to stop. Yes the Mets are paying Bonilla but it’s $1 million and that was a buyout of the remaining money (still a very stupid deal). MLB make sure teams pay players all salaries without these huge sign on bonuses which is also trying to get around the system.
Diggydugler
They will be paying money but it wont count against the luxury tax as technically that money is in the luxury tax during the initial contract, although at a lessor amount due to inflation.
mkeving
Your sign on bonus comment doesn’t make sense at all. The bonus adds to the contract’s AAV which is what they’re taxed on. It inflates the luxury tax in every year other than year 1. Let’s say someone signs a 5 year 80M deal with 20M sign on bonus. Each year will be taxed at 20M even though they earn less in years 2-5.
VegasMoved
“This haas to stop.”
Nice of you to be so concerned with the Dodgers’ future.
” these huge sign on bonuses which is also trying to get around the system.”
In what way does this “get around the system”? The AAV is still the same, which is all that matters.
differentbears
Money they already set aside, earning interest all the while to bring it to the amount fully owed.
The deferral payments won’t do a thing to the Dodgers’ ability to spend in 5 or 10 years. It’s not as if they’re dodging money now that’ll suddenly come due. The money is already being set aside each year of the contracts.
energel
Baseball is ruined.
HalosHeavenJJ
Good for Edman. I’ve always like versatile players.
Dodgers are going to make sure there are rules about deferring money to avoid tax hits in the next CBA. Until then they’ll keep making a mockery of the luxury tax.
Saint Nick
They gave a jobber 5/74! Wow…of course deferred LMAO.
Joaquin 2
That’s the NLCS MVP, can’t wait to see him continue to collect hardware
Ben K
Just sign half the league to deferred contracts while you’re at it and make the rest of MLB field AAAA squads.
Baseball’s financials are fundamentally broken- if this were any other team doing the same thing it’d be just as bad.
Rsox
Do they eat Taylor’s deal in full (release) or in part (trade) or does this close the door on Kike coming back?
DroppedThirdStrike
I think Taylor is kept and Kike now looks for work elsewhere.
l9ydodger
@dts; I hope for the exact opposite.
HalosHeavenJJ
Taylor has negative trade value.
The only question is when they let him go.
rhandome
Kind of a silly contract. I mean they have infinite money but how is he worth that much?
johncoltrane
LA has 2 of the best utility players in baseball now.
Tommy Edman & mookie betts
terrymesmer
Chris Taylor 2.0.
johncoltrane
Meanwhile ohtani is still tryna figure out how his interpreter stole $17 mil
I get it. OJ spent 30 yrs tryna figure out who really killed his wife
mkeving
It’s been pretty well substantiated how his interpreter stole his money. Ignorance is a choice.
johncoltrane
So is living in a naive lala land bubble
VegasMoved
We respect your choice, Trane.
mkeving
Yes, selecting where you live is a choice. Great job finally saying something true Coltrane, even if it was irrelevant to the topic.
Steinbrenner2728
The fact that this article doesn’t involve Ohtani, you’ve been making vague racial-related comments, and that you’ve been hating on him since he won the NL MVP (and even before that) shows how pathetic you are, johncoltrane
spudchukar
Congratulations Tommy! You were my favorite player on the Cards, and I still root for you wherever you play. Some day players like you will make bigger bucks when owners realize your true worth!
CaseyAbell
Wish I could defer my monthly bills for, oh, twenty years or so. Can I get Ohtani’s agent on that?
Halfway seriously, the Dodgers are piling up gazillions of deferred bills. They must think the sold-out games and the big local TV money will last forever, or at least for a couple more decades. They might be right, but it’s a risky bet.
mkeving
They prepay all the deferrals into an escrow account. They won’t rely on future revenue to pay deferrals.
CaseyAbell
The CBA requires deferred money to be paid into an escrow account at most two years after it is earned. While the Dodgers can prepay, there’s no requirement for them to do so. In fact, it makes all the sense in the world for them to defer the escrow payments as long as possible. For instance, they can make the escrow payment for Ohtani’s 2030 deferred earnings as late as 2032.
Which is exactly what I think they’ll do. There really are betting that plenty of money will be available in 2032 for the payment, on top of all the other bills that year. Again, they may be right given their proven ticket-selling prowess plus the TV money in the country’s second-biggest market. But there’s obvious risk.
DonnieMoore
I have been a Dodger fan since 1968. Through ups and downs. Through the WS drought and the McCourt years. Since 2012, they have had owners that know how to put a excellent product on the field and have the ability to pay for it – BTW, their 1st few years were built on Farm grown players. Guggenheim bought low (Dodgers were essentially bankrupt at that time – 2012) and built from there. Won the pennant year after year, but it took 12 years to win the series (excluding 2020). George Steinbrenner was notoriously good at this as well. Everyone wants to knock the winner off their pedestal. I get it, but you can’t blame an organization for having the wherewithal to do it right. In addition, they have a history of taking so so players and getting the best out of them. Tommy Edman anyone? That’s not money, that’s coaching. Unfortunately, I can no longer afford to attend games at Dodger Stadium. But that’s another story altogether.
Echopark
Not sure a lot of people fully understand how deferred money works for the team.
Let’s use Ohtani and an example:
He got paid 2 million in 2024. That means 68 million was deferred until 2034. But in 2026, the Dodgers need to set aside the cash to pay Ohtani 68 million in 2034. So it’s not like they don’t have to put away in a safebox the money. But they can make money off the money they set aside for 8 years. And nobody is better at this than Guggenheim – that’s their day job.
But the collective bargaining agreement does not leave fully to chance that a team will be able to come up with 68 million in 2034. That money will have been put away for Ohtani in 2026.
Still, a huge benefit to the team. But it’s not like the team doesn’t have to start setting aside the necessary money to pay 68 million until 2034, they have to start doing so in 2026. But, what they have to set aside is probably 46 million, not a full 68. So basically the Dodgers will be paying roughly 46+ million for Ohtani starting in 2026. But Ohtani won’t get it until 2034.
The Dodgers can grow the set aside money and maybe even make a profit on it. (Again, that’s Guggenheim’s specialty). But basically from a cash standpoint starting in 2026, they are paying Ohtani roughly 46 million a year, not 2 million.
Echopark
This works especially well when a player defers without interest.
Echopark
In Ohtani’s case, he had the once in a lifetime ability to generate an extra 46 million profit (probably more) for the team a year. He for sure pays for himself and probably way more. That’s unique to Ohtani.
Soto can’t do that. As great a hitter as he is. So unless he’s willing to defer without interest, it’s hard to imagine any team paying him as mush as the Dodgers paid Ohtani.
If he is going to break 600, my guess is it takes at least a 13 year contract. With no deferrals, 13 x 46.2 would be what it’d take.
But remember, he’ll never pay for himself and make a profit for the team like Ohtani will.
mkeving
I think the only caveat is that it has to be put into an escrow account within 2 years of the salary being earned so they may earn interest there but they can’t invest it outside of that.
Big Hurt
Anyone who is “angry” about deferrals is an idiot. I make more money than I spend in a year and defer 20 to 30% of my salary / bonus. It’s actually built into the IRS tax code. If other teams can’t figure out how to use it to their advantage it’s hard to be mad at the Dodgers for figuring it out.
energel
Salary cap please
energel
or at least maybe a salary floor to force small market teams to spend
energel
edman does not deserve this
spudchukar
Who does then?
energel
not edman
energel
ig this would maybe make sense for any other team
energel
but the dodgers just get every player out there and just throw a to of money at em
DroppedThirdStrike
That’s a lazy take. The Dodgers scouting, analyzing, and developing are second to none. They find more hidden value than anyone. They might spend a lot, but they also spend better than anyone else.
energel
dodgers just throwing a hell ton of money at anybody they want
Jeremy320
This is becoming a rather large deferred sum. To the point where even with Dodgers market it’s becoming a liability to meet these future obligations.
DarrenDreifortsContract
Tommy came up big for us at the end of the season but seems like an overpay and way too many years.
Atlanta Jack
I remember back in the 70s the Reds were the first team with a million dollar payroll. I wonder who will have the first Billion dollar payroll. Probably not my White Sox I’m sure. I
Mynameisnoname
According to FanGraphs the Edman signing brings the LAD 2025 LT number to the 306-316 range. I’d imagine they are nearly set for next season.
If the deferral trend ends or they somehow flop more years than not, they will be crippled to meet future obligations and stay competitive.
There’s a lot of risk with kicking the can down the road, but taking advantage of Ohtani’s window is a smart gamble in my book.
VegasMoved
The deferred payments are being made now, not “down the road.” That money is going into escrow. When these contracts expire, so does the Dodgers’ financial obligation.
Mynameisnoname
Thanks for the correction. I didn’t realize it was interest free escrow.
That shifts the risk to near term performance even more strongly and does vibe as a major market ploy only in terms of available capital, even if it makes fiscal sense when capable.
Inside Out
Smartest management team in baseball. Helps that players love living and playing in LA. Cant blame the Dodgers if players like it there.
muskie73
Reminiscent of the four-year, $60 million extension the Los Angeles Dodgers signed with utility player Chris Taylor three years ago.
Taylor has posted 2.4 fWAR, valued at $19.4 million, over the first three seasons of the four-year contract.
citizen
$15 mil AAV for a 711 OPS hitter with some poor fielding for a utility player?
I thought the Angels standards were low. Dodgers should take Rendon’s contract.
CardsFan57
Edman gives great defensive at 3 positions.
Citizen1
So did marwin Gonzales . Went unsigned even after his ws season. Then couldn’t hit after a year or too.
LFGMets (Metsin7) #BannedForBeingABaseballExpert
I wonder if this means that Chris Taylor is gone. I would love it if the Mets could work out a trade to take Taylor’s contract and the Dodgers include Emil Morales in the deal, as I am very high on him. Mets can give up McNeil in the trade. Taylor, in my opinion, is probably in the bottom 3 worst players in the league.
Don’s Ghost
I like playing the CBT game. But I’ve gotten over it. I’d rather watch a win from my couch bc the tickets are too pricey, than watch them lose in person bc they didn’t invest in the team.
Get Teo, Kersh, Kiké, Buehler. Run it back.
swanhenge
Best day ever for the Edman family.
Congrats dude.
CardsFan57
I’m happy to see Tommy get long term security. I always liked him as a player.
The deferrals are between the team and the players. I don’t care one way or the other. The players wouldn’t be signing if they thought the deferrals are a problem.
HiredGun23
Ain’t my money. Let the players go where they may. They still gotta take the field and play the game. Edman got paid for doing his part to bring a ring to Dem Bums…nothing wrong with that.
bigalcathey
Edman must have a good glove. Carrer .263 BA, OPS+ 100
spudchukar
I don’t believe stolen bases count in OPS+.
Harrison Butker's Mount Rushmore Worthy Speech
Dodger homers take on Jake Cronenworth:
Padres are paying a super utility guy 12 mill a year who plays above average defense and has about a league average bat. Stupid
Also Dodger homers take on Tommy Edman
Yes we get to pay a super utility player with a league average bat and above average defender at multiple positions 16 mill a year! Wonderful move! Smartie smart smart
Old York
These players need to include some interest payments on that deferred money. That money won’t be worth as much in the future.
Citizen1
Doubtful. The team earns the interest. The player gets the higher earnings than normal by spreading out the payments . Most working world checks are held two weeks. The company makes interest on your money.
Rickey O'Sunnyvale
Yeah, he’s a great defender, a smart baserunner and a very decent bat. Plus he provides management with great flexibility when setting lineups and making substitutions. These are all things the Dodgers really value. and put to use.
CalcetinesBlancos
No entiendo.
Bivouac-Sal
The large number of people posting about financial matters that they obviously have little to no understanding of is truly comical. Do some reading about deferred income (you know like your 401K or IRA in addition to sports contract deferrals) and learn how the CBT and AAV and luxury tax are calculated before you embarrass yourself complaining about things you do not comprehend.
KnicksFanCavsFan
Seems like an incredible overpay. I get, WS hero. However, since when is .230s/290s/400s respectable? I get the versatility and all but who were they competing with that would’ve given him that kind of deal? These referrals seem to be getting out of hand too but I guess if the player wants to be Dodge then they’ll do it.
Dtownwarrior78
This deferral BS is ridiculous. So the Dodgers get to keep on piling on the talent while not paying out till 2082 so they get to skirt the CBT line. MLB should do something about it, but Manfred being the moron that he is won’t and they’ll continue to win every other WS for the next decade. This is one of the many reasons why MLB has fallen so far behind the NFL and NBA. You have 6 teams that truly have the chance to contend deep into October. Yeah you’ll have the one offs like Zona a few years back, but for the most part it’s gonna be the same Ole same Ole.
DroppedThirdStrike
That’s not even close to how deferrals and the CBT works
letitbelowenstein
74 mil to a utility infielder?
wvsteve
Nothing wrong with deferred money if that money is able to be invested to benefit the player
Mickey Solis
It’s so sickening. Buy these players and pay them more than they could possibly get on the open market. You ruined baseball by shoving your wallet down everyone’s throats, congrats to you and your scummy fans.
Dorn’s Contract
Dodgers spending money like they are angry at it. I don’t mind this signing. He’s not that good and they paid a lot. No one else would come near that annual salary.
settledownitsjustagame
The Los Angeles Deferrals
Bivouac-Sal
Oh how I enjoy seeing the haters hate. Warms my heart.
The biggest tr0ll
These deferrals will catch up with the Dodgers, especially in 3 to 5 years when all the guys they signed age. Dodgers are easily in win now mode.
I concur that Edman is a solid player but not fantastic. His speed will decline with age.
JerseyShoreScore
The players may lose their value as they age, but the deferrals will just be cash paid out from the investment income that the Guggenheim Group nets from the delayed payments. That will have no impact on the Dodgers.