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Post by klawrencio79 on Jul 1, 2021 21:47:39 GMT
This is the last year we get to honor Bruce Sutter's ridiculous contract, but for reasons unbeknownst to most of us, his contract gets precious little fanfare. I've been beating the Sutter drum for years. It's arguably the greatest negotiated player contract ever signed in any sport.
This year is Sutter's last interest payment. Next year, he will receive the $9.1 million principle. Yup, and that's why it always amuses me when people try to wield Bonilla's deal as some sort of outlier when it's not nearly as uncommon as people think. Plus, deferred money can be quite beneficial for the teams when you factor in the time value of money. Frankly, if the Mets didn't get hosed on Madoff (which is another story), they could have used a tiny piece of (projected) those returns to pay Bonilla without dipping into their own pockets. It practically would have been free. AND it works out great for the players if they're willing to do that.
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