Skip to content

Year-by-year breakdown of C.J. Wilson’s $77.5 million deal

Dec 8, 2011, 5:28 PM EDT

C.J. Wilson

Here are the specifics of C.J. Wilson‘s five-year, $77.5 million contract with the Angels:

Signing bonus: $2.5 million

2012: $10 million

2013: $11 million

2014: $16 million

2015: $18 million

2016: $20 million

That’s pretty heavily backloaded, although certainly not as much as, say, Jose Reyesdeal with the Marlins.

Bill Plunkett of the Orange Country Register points out that during the final three seasons of Wilson’s contract he’ll be earning the exact same salaries ($16 million, $18 million, $20 million) as Jered Weaver. Wilson’s overall contract is worth $7.5 million less than Weaver’s five-year, $85 million deal.

 

  1. lyon810 - Dec 8, 2011 at 5:39 PM

    Yikes.

  2. WhenMattStairsIsKing - Dec 8, 2011 at 5:47 PM

    Dear MLB teams: FRONT-LOAD CONTRACTS. It’s more bang for your buck.

    • Gonzo - Dec 8, 2011 at 5:57 PM

      I’ve only seen hockey teams do it. Mainly the Flyers with Briere and Richards (And they got shit for it too). I wonder if it’s legal under the terms of the CBA.

      • WhenMattStairsIsKing - Dec 8, 2011 at 6:00 PM

        I don’t know why the MLBPA would care, or why it would be frowned upon in the CBA. The size of the contract would be the same; it would simply be a much more accurate pay scale for performance.

        I guess it’s possible, Gonzo, but that would be a little too foolish, even for them.

      • scapistron - Dec 8, 2011 at 6:02 PM

        This is allowed by the NHL CBA and the CBA encourages this (whether intentional or not) as it allows for a buy-out of the contract by paying 2/3 (IIRC) of the remaining deal.

        Teams will regularly sign players to 7, 8, or 9 year deals knowing that come year 5 or 6 that they will be buying the player out.

      • paul621 - Dec 9, 2011 at 10:56 AM

        I disagree a bit, scapistron. The NHL has rules about how frontloaded a contract can be, so that you can’t pay someone 20 mil for 4 years, then 1 mil for the next 4 with no intention of ever paying those last 4 years. The NHL has a salary cap that’s based on average salary, so frontloading with no intention of completing the contact is gaming the system. MLB teams don’t have a cap to worry about, so no similar incentive.

    • lyon810 - Dec 8, 2011 at 5:58 PM

      ya, but why pay now when you can pay later!

      • scapistron - Dec 8, 2011 at 6:04 PM

        Precisely. Thats what everyone does these days. See credit card debt, home mortgages, car loans, student loans, government budgets, …

        Admittedly guilty of a few of those myself.

      • clydeserra - Dec 8, 2011 at 6:12 PM

        I think, but am not sure, that it is slightly cheaper for the owners to pay more up front. A few reasons could include, inflation, interest, and luxury tax.

        Just thoughts, not specifics.

      • mirmz - Dec 8, 2011 at 6:22 PM

        Using basic economics as my source, it is cheaper for owners to pay less now than it is for owners to frontload contracts. Inflation makes future dollars worth less than present dollars. Therefore, the money a contract promises in present dollars will be worth less in the future.

        The players would love it if owners frontloaded contracts for the reason stated above. However, they’ll take $20M in any way, shape, or form – and be happy about it.

    • paperlions - Dec 8, 2011 at 6:23 PM

      No, back loading contracts is more bang for you buck….you are getting the same bang no matter what…but 2012 dollars are going to be worth more than 2013 dollars or 2014 dollars or any other dollars to come….so it is ALWAYS better to pay as LATE as you can….always.

      Inflation be like that, yo. [sorry, re-watching the Wire lately]

  3. camleck - Dec 8, 2011 at 6:21 PM

    Heard of the time value of money? At the moment, 20 million in 7 years is the equivalent of around 16.5 million now.

    To make a contract worth the same amount annually in real dollars, it has to be nominally backloaded. No doubt agents/owners take this into account when determining contract size and structure. A frontloaded contract for $100 million is worth more than a back loaded contract for $100 million.

  4. jackkoho - Dec 8, 2011 at 7:03 PM

    Only 10 million in 2012? How’s he even going to live off of that?

Leave Comment

You must be logged in to leave a comment. Not a member? Register now!

Featured video

This was 'the perfect baseball game'
Top 10 MLB Player Searches
  1. G. Springer (3864)
  2. I. Davis (2916)
  3. C. Kimbrel (2802)
  4. B. Harper (2742)
  5. M. Machado (2680)
  1. M. Cuddyer (2634)
  2. C. Granderson (2478)
  3. J. Chavez (2384)
  4. J. Reyes (2328)
  5. K. Calhoun (2224)