« Odds and Ends: Pedro, Wells, Tepesch, Zito | Main | Rosenthal On Halladay, Frasor, Rios, Bay »

D'Backs To Have Stable Payroll

By Ben Nicholson-Smith [July 16, 2009 at 9:31am CST]

Ownership invested $50MM in the D'Backs, so they'll have enough money to maintain their current payroll according to MLB.com's Barry Bloom. The team plans to spread the investment over the next five years to make up for expected drops in revenue.

The D'Backs, who have a payroll of $76MM, used to owe former players hundreds of millions in deferred payments, but the current ownership group is now paying off that debt. Once the D'Backs pay off the remaining $40MM they'll have more to spend on players.

Full Story | Comments (7) | Categories: Arizona Diamondbacks

Comments

"The D'Backs, who have a payroll of $76MM, used to owe former players hundreds of millions in deferred payments, but the current ownership group is now paying off that debt. Once the D'Backs pay off the remaining $40MM they'll have more to spend on players."

The sentence was not completed. Once the D'Backs pay off the remaining $40MM, they'll have more to spend on players and get themselves in a financial bind again.

It's not just the D'Backs. *Sigh*

Posted by: studio179 | July 16, 2009 at 09:44 AM

Anyone know if there is a list floating around the internet of ex-mlb players still receiving deferred payments?

I figure that would be a pretty entertaining read. I think the Mets are still paying Bobby Bonilla and Mo Vaughn. I'm sure there are a bunch of other crazy ones I don't know about.

Posted by: spieldogg | July 16, 2009 at 09:51 AM

spieldogg,

I agree, that would be an interesting list to see. Ben, you have your assignment!

Posted by: Jason F | July 16, 2009 at 10:21 AM

In the D-Backs case. I think like 75% of that money is going to Randy Johnson.

Posted by: Serg Rush | July 16, 2009 at 10:36 AM

about the delayed money---
"They still owe outfielder Bernard Gilkey — who drove in 50 runs in three seasons — $500,000 a year for the next 25 years."

link---http://www.usatoday.com/sports/baseball/nl/diamondbacks/2009-02-02-dbacks-winter_N.htm

Posted by: CubFanRaysaddict | July 16, 2009 at 11:40 AM

That's insane. I barely even remember Gilkey playing with the D-Backs.

Posted by: spieldogg | July 16, 2009 at 12:21 PM

If I remember right, Jay Bell is still getting paid huge bucks. Talk about a bad contract.

Posted by: Will Smiff | July 16, 2009 at 01:24 PM

Verify your Comment

Previewing your Comment

Posted by: |

This is only a preview. Your comment has not yet been posted.

Your comment could not be posted. Error type:

Your comment has been posted. Post another comment

The letters and numbers you entered did not match the image. Please try again.

As a final step before posting your comment, enter the letters and numbers you see in the image below. This prevents automated programs from posting comments.

Having trouble reading this image? View an alternate.

D'Backs To Have Stable Payroll

Comments

Verify your Comment

Previewing your Comment

Post a comment

Top Stories

Search MLBTR

MLBTR Features

Recent Posts

MLBTR Mailing List

Rumors By Team

Monthly Archives

Live Chats


Home Contact About Advertise Archives Widget Twitter RSS Usage