Edwin Díaz won’t receive all of his $69 million from the Los Angeles Dodgers until 2047, with the closer’s deal raising deferred payment obligations for the two-time World Series champions to more than a billion dollars due to nine players.
The Dodgers are now on the hook for $1,064,500,000 through 2047, owed to Díaz, Shohei Ohtani, Mookie Betts, Blake Snell, Freddie Freeman, Will Smith, Tommy Edman, Tanner Scott and Teoscar Hernández.
The Dodgers’ high point due in a year is $102.3 million in 2038 and in 2039.
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Díaz, who gets a $9 million signing bonus Feb. 1, receives a $14 million salary next year and $23 million in each of the following two seasons. The Dodgers will defer $4.5 million annually, with that being paid in 10 equal installments each July 1.
The 2026 money will be due from 2036 to 2045, the 2027 money 2037-46 and the 2028 money 2038-47.
The bulk of the Dodgers’ deferred money is owed to Ohtani, who will receive $680 million in payments from 2034 to 2043. Betts is next, with $115 million in salaries from 2033 to 2044 and the final $5 million of his signing bonus payable 2033-35.
They are followed by Snell ($66 million 2035-46), Freeman ($57 million 2028-40), Smith ($50 million 2034-43), Hernández ($32 million 2030-39), Edman ($25 million 2037-44) and Scott ($21 million 2035-46).
The Associated Press contributed to this report.