By Anthony Caruso III | Publisher
The Baltimore Orioles have re-signed first baseman, Chris Davis. After signing a seven-year, $161 million deal, he’s staying with the team.
His contract does not have an opt-out clause, which means he’ll be with the team for the tenure of his contract. He also has a no-trade clause, as well.
Earlier this off-season, the team offered him a seven-year, $157 million deal, which he turned down. After that, it looked like Davis would be moving on as talks broke down between the two sides.
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When it looked like he wouldn’t return, the Orioles looked like the team would go after another bat. They reportedly offered Yoenis Cespedes a six-year deal, $96 million.
It would be surprising if they could still allocate that money when they have other areas of need.
Davis is expected to average $17 million per season. However, from 2023 through 2032, he will receive $3.5 million per year in deferred money.
From 2033 through 2037, he will receive $1.4 million per year in deferred money. According to MLB Trade Rumors, there will be no interest on the $41 million deferred money.
It is not strange for a team to pay a player in deferred money. The most notable instance was when the New York Mets worked out a 25-year deferred money plan with Bobby Bonilla.
According to CSNMidAtlantic’s Rich Dubroff, Davis’ new deal is nearly double what the franchise gave to Adam Jones when he signed an $85 million deal. But Davis’ deal is the fourth largest given out this off-season, trailing David Price, Zack Greinke, and Jason Heyward’s deals.
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In 2015, he had a .262 batting average with 47 home runs and 117 RBIs in 160 games. He also had 150 hits in 573 at-bats.
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