Catcher Will Smith’s $140 million, 10-year contract with the Los Angeles Dodgers includes $50 million payable from 2034-43, raising the team’s deferred compensation liability to $915.5 million owed five players. Shohei Ohtani, Mookie Betts, Freddie Freeman and Teoscar Hernández also are due deferred payments extending from 2028-44.
Los Angeles Dodgers’ Will Smith runs hitting a home run during the fourth inning of the team’s exhibition baseball game against the Los Angeles Angels, Tuesday, March 26, 2024, in Anaheim, Calif. Catcher Will Smith’s $140 million, 10-year contract with the Los Angeles Dodgers includes $50 million payable from 2034-43, raising the team’s deferred compensation liability to $915.5 million owed five players.
Shohei Ohtani, Mookie Betts, Freddie Freeman and Teoscar Hernández also are due deferred payments extending from 2028-44., half payable on Nov. 15 and the rest on Jan. 15, 2025, according to contract terms obtained by The Associated Press. He gets salaries of $13.55 million this year. $13 million a year from 2025-27, $9.5 million annually from 2028-32 and $9.95 million in 2033.
Los Angeles will defer $5 million annually, to be paid in equal installments of $5 million each July 1 from 2034-43. If Smith is traded, remaining salary will be paid in-season and deferrals eliminated for the remainder of the contract.is owed $115 million in salaries from 2033-44 and the final $5 million of his signing bonus payable from 2033-35.
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