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The Brewers will be paying Ryan Braun until 2031

Apr 22, 2011, 8:42 PM EDT

Brewers Phillies Baseball

The Brewers announced a five-year, $105 million extension with Ryan Braun yesterday that will keep him in Milwaukee through at least 2020, but they’ll actually be paying him for much, much longer.

According to Colin Fly of the Associated Press, the new contract includes at least $18 million in interest-free deferrals through 2031. In other words, until Braun turns 47 years old.

The agreement includes a $10 million signing bonus payable in four equal installments each April 1 from 2012 through 2015. Of his salary, $4 million annually from 2016-18 will be deferred without interest and $3 million a year in both 2019 and 2020. The deferred money will be paid in equal installments each July 1 from 2022 to 2031.

As Braun’s agent Nez Balelo explained yesterday, the deferrals will give the Brewers added flexibility to remain competitive over the life of the contract. They’ll actually have a payroll hit of $15 million annually from 2016-2019 and $13 million in 2020.

Of course, deferrals are nothing new around baseball. The Cardinals will be paying Matt Holliday through 2029 while the Mets won’t be finished paying Bobby Bonilla until 2035.

  1. frankvzappa - Apr 22, 2011 at 8:49 PM

    too bad a couple months from now the US Dollar wont be worth using for anything besides toilet paper…

    • Reflex - Apr 23, 2011 at 4:43 AM

      If the Tea Party comes to power I could see that happening. Aside from that, I can’t think of a scenario that enables your assertion.

  2. bigtrav425 - Apr 22, 2011 at 8:52 PM

    id like to laugh at the Bonilla thing but its really not funny its unthinkable really

  3. redbear18 - Apr 23, 2011 at 8:39 AM

    This is what’s wrong with baseball. Well, one of the things that’s wrong with baseball. Contracts like this hurt the team, giving them less flexibility and less money to work with, especially if the guy turns our to be a bust.

    • brewcrewchamps - Apr 24, 2011 at 5:20 AM

      I don’t think there’s a person in the world that thinks braun will turn into a bust. This kid is worth it.

      • gmsingh - Apr 24, 2011 at 5:58 PM

        No kid is worth paying for for twenty years.

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