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phredmojo · July 18th, 2007, 06:25 PM

Ichiro Suzuki-OF- MarinersJul. 18 - 2:57 pm et

$25 million of the $90 million Ichiro Suzuki is owed under the terms of his new contract is deferred through 2032.
Seattle will pay $12 million in salary each year and defer $5 million per season at 5.5 percent interest. Because of the deferred money, the average annual value of hsi five-year, $90 million extension is discounted to $16.1 million under the provisions of baseball's collective bargaining agreement.

July 18th, 2007, 06:25 PM	#19 (permalink)
phredmojo Member Join Date: Dec 2006 Location: bellingham, wa Posts: 88	Ichiro Suzuki-OF- MarinersJul. 18 - 2:57 pm et $25 million of the $90 million Ichiro Suzuki is owed under the terms of his new contract is deferred through 2032. Seattle will pay $12 million in salary each year and defer $5 million per season at 5.5 percent interest. Because of the deferred money, the average annual value of hsi five-year, $90 million extension is discounted to $16.1 million under the provisions of baseball's collective bargaining agreement.