Ken Griffey Jr. Will Be Reds' 4th-Highest Paid Player in 2023 Due to Deferred Salary

[underpants]

https://bleacherreport.com/articles/10070125-ken-griffey-jr-will-be-reds-4th-highest-paid-player-in-2023-due-to-deferred-salary

Griffey still counts for $3.6 million on Cincinnati's books, per Spotrac. Among current Reds players, only Joey Votto and Wil Myers will make more. Mike Moustakas also had $22 million outstanding on his contract when he was released in January.

According to Sports Illustrated's Tom Verducci, Griffey agreed to defer $57.5 million at 4 percent interest. He'd begin earning that money in 2010 and continue receiving annual payouts until 2025.

For years, Bobby Bonilla has been the gold standard for a retired MLB star cashing a paycheck thanks to some shrewd contract negotiations. Griffey is giving the six-time All-Star a run for his money.

[brush]

1. Good for Ken Griffey Jr. This OP also made me think of Bobby Bonilla.

I looked it up, Bonilla gets over a million a year from the Mets until 2035.

2035. The best annuity going. It would be hard to do better on Wall Street.

[malthaussen]

2. IIRC, Walter Payton of football made a similar deal...

... but unfortunately died before he could collect all he was owed.

-- Mal

[True Dough]

3. I'll be lucky

to get a calendar after I retire! I should have been a pro baseball all-star, damn it!