By Anthony Caruso III | Publisher
The Baltimore Orioles have re-signed first baseman, Chris Davis. He’s staying with the team after signing a seven-year, $161 million deal.
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 in as talks broke down between the two sides.
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 than 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.
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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