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George_Foreman wrote:wrveres wrote:he is not taking a pay cut. MLBPA won't allow that to happen. They are just spreading the money around a little diferently.Amazinz wrote:Right. This is not a pay cut. It's a deferral. Larry will actually make more money when it's all said and done.
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originally, he gets $17M this year, $15M next year, and $15M in 2008 (assuming he makes the vesting options). total: $47M over 3 years
now, he's getting $11M each year for the next 3 years plus an additional $4M signing bonus, and a vesting option worth "between $8 and $11M" for 2009. total (assuming max vesting option): $47M over 4 years
so sure, it's the same amount of money, but he's got to play another year of ball to get it. and you figure someone would have tendered him a contract in 2009, so with the extra year, it really is a pay cut. perhaps one as large as $5-10M (depending on what he would have gotten in '09. he'll be 38 at that point, so it may not be much, but brian giles is looking to get paid $10M+ for his "age 38 year", so....)
either way, great job by the braves and chipper. now, if only we can do something about that awful deal anruw's got....
George_Foreman wrote:wrveres-
this isn't what i "think".... this is what was reported earlier in the thread. i'm just saying that, according to the story, c. jones took a pay cut.
originally, he gets $17M this year, $15M next year, and $15M in 2008 (assuming he makes the vesting options). total: $47M over 3 years
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