While Bonilla makes $1.143 million today to not play for the Amazins, Sutter has been paid by the Braves annually to not play baseball for them for over 30 years! Since the dumb 1980s Atlanta Braves agreed to pay the $9.1 million deal in full, they agreed. The Orioles are on the hook for a ton of future obligations beyond Davis. In return for allowing the merger, they got paid $2.2 million, plus one-seventh of the broadcast TV revenues from each of the four teams joining the NBA. Planet of the Apes is getting a new comic launched and will be dedicated to the movie Sign up for Boardrooms newsletters to get the biggest stories in the business of sports, entertainment, and culture directly in your inbox daily. Good financial decisions led to #BobbyBonillaDay https://t.co/okI9LWMlIm. How well do you predict the sport will maintain its popularity?, asked Hendricks. The New York Islanders signed goalie Rick DiPietro to a record 15-year contract back in 2006, just before his 25th birthday. Which means the Mets will cut a $1.19 million check every July 1 until 2035, when Bonilla will be 72 years old. After becoming a free agent in 1984, Sutter signed a six-year, $4.8 million dollar contract with the Atlanta Braves. The Mets managed to get the worst imaginable result on this deal, based on a colossal blunde. The length of the contract was absurd at the time, but so was the amount, given the context. Team spokesman Wayne Minshew explained, Its definite club policy not to comment on any contracts with players. . Rather than get all of that $9.1 million paid out in relatively even amounts per year, Sutter insisted that his money be deferred. This is especially critical when Congress is moving on an almost annual basis to further restrict tax shelters. The Red Sox gave Chris Sale a big-money extension in 2019, keeping him out of the free agent market with a five-year, $145 million deal. After missing all of the 2011 season, he threw 134 pitches in his no-no and then pitched to an 8.27 ERA in the last 10 starts of the season (and his career). Sale gets $10 million of the deal 15 years after it was earned, so from 2035-39. Its the financial planning equivalent of choking up on the bat. Its not discussed as often enough as the one the former All-Star has with the New York Mets, but its just as bad. The Great One could have held out for more, but you miss 100 percent of the settlements you dont take. Sales contract led to luxury tax concerns that encourage Bostons trade of David Price and Mookie Betts, but some of that money will be haunting them financially until Sale is 50 years old. Anchoring their bullpen was the perfectly suitable committee of Gene Garber, Steve Bedrosian, and Donnie Moore; each registered 28 or more Games Finished and had double-digit save totals. Bruce Sutter passed away October 13th at the age of 69. And if inflation were to push interest rates to even higher levels of, say, 20%, the payments would rise to $68.2 million. Former Atlanta Braves pitcher Bruce Sutter has passed away at the age of 69. On July 1, the New York Mets will pay Bobby Bonilla about $1 million to not play for them. When Alex Rodriguez signed his massive free agent deal with Texas in 2001, he deferred $45 million until 2011-20 at 3 percent annual interest. Here are some other notable deferred-money contracts: Bobby Bonilla (again): A second deferred-contract plan with the Mets and Orioles pays him $500,000 a year for 25 years. Cookie Notice Bronner, told of Reichs remarks, said that Sutter already has established various revenue pools through an earlier four-year contract with the St. Louis Cardinals, which he said had brought his client about $1 million a year. That ends in 2021, and its only 2018, so Bruce Sutter, at some point this year, received or will receive a check for $1.12 million.. He is considered one of the best relief pitchers in the game, having finished the 1984 season with a 1.54 earned-run average. I dont like to be dependent on one pool. Sutter was recently diagnosed with cancer and in hospice surrounded by his family, one of Sutter's three sons, Chad, told The Associated Press. Despite the high-for-its-time salary, Sutter wanted a long-term contract, and told reporters he might not show up when training camp opened. For the thirty years after he retired . When he receives the last of 10 $1.4 million chunks in 2037, hell be over the age of 50. Just in the last month, the 13% rate was negotiated downward to 12.3% in post-contract refinements. . This year, lets celebrate Bobby Bonilla Day by revealing the Deferred Money All-Star Team, a ragtag bunch of rascals who have continued or will continue to receive MLB checks well into their 50s and 60s. On top of it all, he gets $18,000,000 deferred through the summer of 2028. . The Orioles now owe him over $54 million until 2022, then $3.5 million from 2023-2032 and finally $1.4 million per year 2033-37. . Sutter was only paid about $750,000 per year while under the Braves control, Lewis wrote. Bruce is well ahead of the game if he gets to 44 (one third the life of the agreement) and Turner is still paying. There is a tremendous difference, however, in the viability of the various clubs. On the other, there is income stream and tax advantages but risk of loss. The other five seasons were all ones with 90 or more losses one of 92, two of 96, one of 97, and a laughably bad 54-106 in 1988. Bobby Bonilla is the poster boy for ill-considered salary deferrals, but he actually had two with the New York Mets. Sutters agent, Jim Bronner of Chicago, described the deal as representing a risk, although he termed it an acceptable risk. When he retired, his 300 saves ranked third on the career list, though it has been surpassed many times since. It was widely reported that relief pitcher Bruce Sutter was to receive payments totaling $44 million over the next 36 years from his new club, the Atlanta Braves. It would have been $3 million per year, but despite racking up saves, Soriano fell just short of finishing enough games to automatically vest his 2015 option. 39 . The Atlanta Braves, fresh off an 80-82 season, decided to strike while the iron was mostly lukewarm, if you're being charitable. Typically, when a player signs a multiyear contract, the total is paid out over the course of that contract in the form of annual salaries. . He finished sixth in MVP voting and third in Cy Young balloting. His pact provided $4.8 million in deferred money that would pay 13 per cent interest over a 36-year period. I see what Sutter did as some degree riskier than what we did in Ricks case but whether its 0.2% riskier or 50% riskier, I dont know, he said. The newspaper estimated that the account would pay Sutter $1.3 million per year for 30 years after the initial six seasons of the contract. Its also a bargain because the salaries from 2019-21 were all deferred, splitting his $105 million into seven $15 million installments to be paid between 2022-28. Josh Smith 10/14/2022 at 3:46 PM 10/14/2022 at 3:46 PM Hall of Famer Bruce Sutter has passed away at 69. A heavy-duty reliever who worked at least 60 games in seven different seasons, Sutter also proved capable of working multiple innings per outing. Theyre also still paying Ubaldo Jimenez, J.J. Hardy, and Yovani Gallardo this year. Certainly not Ted Turner, who signed off on an interesting contract. Unfortunately, Strawberrys tax problems meant the annuity was eventually seized by the IRS and auctioned off in 2014. Boardroom is a media network that covers the business of sports, entertainment. Get on our list for weekly sports business, industry trends, interviews, and more. All of his 661 appearances, starting with the Chicago Cubs in 1976, came in relief. The first of the Mets many salary deferrals came in 1985, when they deferred 40 percent of Darryl Strawberrys 1990 contract for a retirement annuity paid out at a 5.1 percent interest rate. MLB commissioner Rob Manfred released a statement in regards to. Sutter retired four years into his six-year deal with the Braves, but as Lewis explained, Sutter still received his money because Atlanta agreed to pay the $9.1 million in full when the contract was agreed to. This Month in Sports Reference Find out when we add a feature or make a change Of the remaining franchises, the Virginia Squires folded and the Kentucky Colonels took a $3M buyout, but the Silnas held out. His deal gave him $35 million over the seven years after his retirement in 2016, so Boston will be paying him through 2024. Since the dumb 1980s Atlanta Braves agreed to pay the $9.1 million deal in full, they agreed to pay Sutter deferred payments of no less than $1.12 million through 2021. Considering Sale is out for 2020 and most of 2021 with Tommy John surgery, the deal would sting a lot more for Boston if he hadnt deferred $50 million. Its finally the end of the line for Bruce Sutter. Although he gave Atlanta just 40 saves over three injury-riddled seasons, Sutter wound up a big winner. He got $54 million for four years but lasted only 105 games, just over a year. But some agents think the percentage of the total deal that should be deferred should be held to a relatively low figure. Moss joined Axelrod in prefering to get as much money as possible up front. "Bruce Sutter Dollars and years: $42.7 million million over 30 years Years of deferred payments: 1993 - 2022 Who owes him When Albert Pujols jumped from the St. Louis Cardinals to the Los Angeles Angels of Anaheim, part of the deal was a ten-year, $10 million personal services contract with the team that kicks in after his retirement, or the expiration of his deal. The Rockies reworked the final years of Todd Heltons giant contract, giving him $9.9 million for his age-39 and -40 seasons, while he deferred $13.1 million over 10 years. In a year, the Braves will stop paying for a huge mistake it made during the Reagan Administration. Fifteen or 20% would be a different story., Woolf called the Sutter contract dangerous . But I would have put only about 20 to 25% of this package into annuities., Reich added: Perhaps they (Bronner and Gilhooley) couldnt have put (the deal) together on that basis. --Similarly, the club may purchase an insurance policy to guarantee the eventual annual payments. What did Disney actually lose from its Florida battle with DeSantis? The Silna brothers owned the St. Louis Spirits at the time of the ABA-NBA merger, when the NBA absorbed the Nets, Spurs, Pacers and Nuggets. Let's look at 32 of these deals one for every year the Mets will write a post-retirement check to Bobby Bo. In the end, the Braves were the ones who offered more money about $9 million over 6 to the Cardinals $7 million over 5, per The New York Times and an absolutely whackadoo structure that could only be attributed to irrational exuberance. Hall of Fame pitcher Bruce Sutter dies at 69. The New York Times reported that Sutter's six-year contract paid him $4.8 million and placed another $4.8 million into a deferred payment account at 13 percent interest. He didn't end on a high note like Sandy, as he succumbed to arm injuries after signing a monster contract with Atlanta, which can somewhat unfairly leave a bad impression, but we should not forget how utterly dominant Sutter was for an extended six-seven season run. We just felt more secure. Four years from now, Bruce Sutter will be a 69-year-old Hall of Fame pitcher who last pitched in 1988 who, unlike Bobby Bonilla, will be on the receiving end of a $9.1 million check from the Atlanta Braves, Lewis wrote. A full 14 years after his final MLB appearance, hell get the last deferred payment on his nine-year, $116,500,000 deal that began all the way back in 2000. Sutter will receive a $750,000 salary for each of the next six years and a minimum of $1.12 million a year for the remaining 30 years of the contract. Bruce Sutter of the Atlanta Braves winds up for the pitch during a game in1985. Thanks to deferred money, he collected $3,333,333 in 2011 and 2012, plus $8,333,333 in 2013, with those payments surviving the bankruptcy of parking lot king Frank McCourt. As a pretty funny, and obviously unintended side effect, Sutter ended up getting his negotiated salary in both 1989 and 1990, even though he was retired, Lewis wrote. By Dan Lewis. As it turns out, the Atlanta Braves are in the same boat when it comes to a Hall of Fame pitcher. The Notorious JdGs delayed salary as part of his five-year, $137,500,000 contract goes live starting in 2035. He is 28 years old. An unfunded liability is one in which the money does not have to be put up front. Sutter recorded just 40 saves and posted a 4.55 ERA from 1985 to 1988, which included Sutter missing the 1987 season as he recovered from shoulder surgery. (Photo by Focus on Sport/Getty Images), The late Bruce Sutter had his best years with the, St. Louis Cardinals, where he won a World Series ring. The famous one came when the Mets bought out Bonillas $5.9 million salary for 2000. Look, the New York Mets are simply in love with belated payments. I was listening to a commentary about the Bonilla contract by Steve Philips, at the time the Mets General Manager, now a commentator on MLB Network on Sirius Radio. While Bobby Bonilla is the more famous long-term Mets salary obligation, pitcher Bret Saberhagen was the original. And the Braves were willing to meet his demands. Rick Sutcliffe, Chicago Cubs Year Cash income Deferred Income 0. The Braves, meanwhile, lost 96, 89, 92 and 106 games in the four seasons Sutter was on the squad. The original $700,00 turned into $1.64 million, spread out from 2004 to 2033. | Move over, Bobby Bonilla: The Braves have been paying Bruce Sutter for 30 years thanks to a ludicrous contract. Hall of Fame closer Bruce Sutter, who retired from baseball 34 years earlier, was still receiving annual paychecks from the Atlanta Braves when he died at age 69 Friday. So they deferred a lot of player salaries, most notably that of star Mario Lemieux, who was owed $32.5 million at the time the owners declared bankruptcy the teams largest individual creditor. The Sox will also be paying Manny Ramirez until hes 54, thanks to $32 million in deferred money theyre paying out over 16 years. Im proud of our contract, the agent said. Once it expired in 1990, Sutter started receiving an annual stipend of $1.3 million. The Babe could spend his baseball salary as he wished, but the money from endorsements, barnstorming games and the Babes personal appearances went to Walshs office for saving. As a pretty funny, and obviously unintended side effect, Sutter ended up getting his negotiated salary in both 1989 and 1990, even though he was retired. We wanted to own our annuity policies. Bruce Sutter, RP (December 7, 1984) . The Nationals love deferring salary, which they did with Scherzers seven-year, $210 million deal he signed in 2015. All were negotiated in the last few years, so no one has yet seen the long-term effects of the big-money, deferred-payment contracts. This is an unsecured loan. Uncut Gems star Kevin Garnett can afford to experiment with acting, since hes getting $5 million per year in deferred salary from the Celtics. For example: -- Is the money for the annuity really in an account or is it a phantom, to be paid out of annual team operating funds? He was selected in the 21st round of the 1970 MLB Draft by the . Always free! RP Bruce Sutter (Atlanta Braves) Career: 1976-1988 Total deferred money: $42,700,000 Terms: Annual 12.3% interest payments of $1,120,000 for 30 years, plus full $9,100,000 in deferred base salary Last payment year: 2022 It's finally the end of the line for Bruce Sutter. That means that until the season restarted, Ichiro was poised to be the highest-paid player in baseball, Hell still be the Mariners highest-paid outfielder and receive the fourth-highest salary on the team this year, and Seattle will be paying him through 2032. When the ink dried on the contract, the basic terms gave Sutter $9.1 million over six years, entering his age-32 season for, again, a team which failed to win half its games the year prior. Rather than get all of that $9.1 million paid out in relatively even amounts per year, Sutter insisted that his money be deferred. For some reason, the Braves agreed to pay Sutter the full $9.1 million up front think of it as a signing bonus of sorts but then deferred the whole amount. The Nationals are also paying Daniel Murphy $3 million this year and will give former catcher Matt Wieters $5 million in 2021. He was paid handsomely for his services, too his $975,000 salary made him one of the highest paid players at the time. Get the latest news and rumors, customized to your favorite sports and teams. . That amounts to $31.5 million.. In 2014, the SF Bay Guardian named him the best comedian in San Francisco, then immediately went out of business. Back in 1985, the 1979 NL Cy Young Award winner and six-time NL All-Star with the Chicago Cubs and the St. Louis Cardinals signed a six-year deal worth $9.1 million. They racked up over $300 million before the NBA finally bought them out in 2014, for something like $500 million more. Its not a surprise that A-Rod is currently trying to buy the New York Mets, since both parties are quite familiar with long-term salary deferrals. Everyone should assume there is a risk, said Randy Hendricks of Houston, who recently negotiated contracts for Andre Thornton and Steve Trout. Dennis Gilbert did a phenomenal job working #TheContract for Bobby Bo. He was, shockingly, worth more as a batter: he put up a 0.0 bWAR line as a Brave, turning in a career-high 0.1 bWAR in 1988, when he went 0-for-1 with a walk and a strikeout. Bruce Sutter is the Atlanta Braves version of the Bobby Bonilla contract. Haywood couldnt get a guarantee on what would happen if the Rockets folded, so he jumped to the Supersonics for a $1.5 million contract that paid out over 15 years. As a result, Griffey is still making just over $3 million every year through 2024 (payments started in 2009), more than five times what dissident slugger Pete Alonso was to earn in 2020. But that wasnt even the worst part. As a result, starting this year, Holliday will get $1.4 million every year through 2029 13 years after he played his last game for St. Louis. 7 Of The Craziest Deferred-Money Contracts In Sports . But Axelrod said the up-front payments serve his clients interests too--better than a deferred payment plan would. Baseball is better. He has not pitched in Major League Baseball since 1988 when he had an earned run average of 4.76 with the Braves. Meanwhile, the Red Sox agreed to 12 years worth of payments of approximately $2,000,000 each, the last of which comes when the iconic slugger will be 54. Junior Griffey will forever be known as the transcendent face of the Seattle Mariners, but hes a Reds legend, too. But not only did Sutter secure his bag, he agreed to a deferred contract that instead paid him $1.12 million for thirty years, with a $9.1 million payment that was paid on . In 1984, Sutter signed a contract with Atlanta that would pay him $4.8 million over six years and place another $4.8 million into a deferred payment account. Bruce Sutter, the Hall of Fame closer and pioneer of the split-fingered fastball, passed away Thursday night at the age of 69.Sutter was recently diagnosed with cancer and passed away in hospice care in Cartersville, Georgia. The worst part was that Sutter decided to use his big free agency contract as a financial planning opportunity. . The $750,000 Sutter was paid each season were interest payments of about 8 percent on his contract. Spencer Haywood signed with the ABAs Denver Rockets after one year of college, but his $1.5 million contract was severely deferred: He got $75,000 per year for 20 years, starting at age 40. . In fact, he now plies his trade for the division rival Mets which means that starting this year, Washington will pay him $15,000,000 annually to pitch against them, per the terms of the seven-year, $210,000,000 deal that ran through 2021. The power of compounded interest is extremely strong. As he entered free agency that offseason, he expected to cash in even bigger. While Sutter is one of the 10 greatest closers in MLB history, he was essentially washed at that point, playing for a deplorably bad Braves team that all it had going for it was two-time NL MVP outfielder Dale Murphy. Sutter had his best season with the Cardinals with 45 saves in 1984 when he had a 1.54 earned run average, and after the season, he signed a $9.1 million, six-year contract with Atlanta with. There is little question that Sutter belongs with the highest paid players in baseball. Bruce Sutter, Atlanta Braves. . (Photo by George Gojkovich/Getty Images). Bruce Sutter-Atlanta Braves-If you don't remember Bruce Sutter, that is ok. The deal: rather than pay Bonilla the $5.9 million . . And the upcoming 60-game season makes the deferral look even smarter because the 2020 money deGrom gets at age 51 wont be prorated one bit. Each year, his Braves "salary" of $750,000 was just an interest payment on. Scherzer made $105 million through 2018, and he's now in the "deferred" part of the contract, which will last through 2028. Get more out of your subscription* Access to over 100 million course-specific study resources; 24/7 help from Expert Tutors on 140+ subjects; Full access to over 1 million Textbook Solutions; Subscribe Bruce Sutter, a Hall of Fame reliever and World Series champion, died on Thursday. Unlike a lot of long-term NHL deals of that time, it wasnt even cap circumvention he got $4.5 million every season for the 15 years. You only have to have (Braves owner Ted) Turner make payments for 12 years, and well have gotten more out of this than we might have had we taken the money all up front and tried to invest it ourselves, Bronner said. -- And the toughest question of all, what will inflation do to the real value of the contract? Before joining the team, he was an editor and multimedia talent for several sports and culture verticals at Minute Media and an editor, reporter, and site manager at SB Nation. . It took him four years, but eventually the NHL settled for $8 million. Bronner said the Cubs, because of their recent success, have high profits and are eager to take present tax deductions and wanted to pay the money up front. and our He also let Texas split his $10 million dollar signing bonus into $2 million per year increments but then that was deferred again after his trade to the Yankees, so he got it (with interest) from 2016-25. The closer had been a six-time All-Star, National League Cy Young Award winner, and world champion but was not the same pitcher with the Braves, when both he and his career went south. They might say, Gee, the cash flow in 2013 is lousy and well pay you 20 cents on the dollar.. He was 69 years old. Haywood also reportedly turned down an offered 10 percent stake in Nike in favor of an endorsement contract of 100K, which would have been the ultimate deferred payment. First, Sutter was only paid about $750,000 per year while under the Braves control. There are many other questions about such a contract. He has two years left on that annuity, and in 2022 will receive a lump sum of $9.1 million the . Subscribe to our Free Email Newsletter. That worked out to 57 percent of a normal share, and they got it in perpetuity. (Photo by Jim McIsaac/Getty Images) Every July 1st, the New york Mets have to send Bobby Bonilla annual payments of nearly $1.2 million for 25 years that started back in 2011 and won't end until . --Sutter will have no control over any accounts the Braves may establish to fund the annuity, and he will not be a secured creditor against the club, but a general creditor, thereby having a secondary claim in case of bankruptcy. And the rest is history. After reaching the majors in 1976, he tied the National League record of 37 saves and later established a new one with a personal-peak 45 for the 1984 Cardinals. As the story goes, a key reason Mets owner Fred Wilpon agreed to Bonilla agent Dennis Gilberts proposal for deferring his clients 2000 salary at 8% annual interest was because the Wilpons were profoundly invested with Bernie Madoff, who had guaranteed at least 10% return. A deferred compensation deal is a credit analysis. By accepting all cookies, you agree to our use of cookies to deliver and maintain our services and site, improve the quality of Reddit, personalize Reddit content and advertising, and measure the effectiveness of advertising. He has written for "Another Period," "Billy On The Street," NBC, Comedy Central, E!, and Seeso. The Pittsburgh Penguins of the 1990s were a dominant, star-filled hockey team but lacked the financial resources to pay all those stars. Im not concerned about 10 years, but if someone comes up with a deal that goes to 2030, Im leery. . When he negotiated an extension in 1993, he insisted on two things: a signing bonus of $2.5 million and then payments of $250,000 a year for 25 years. Hall of Fame closer Bruce Sutter has died at age 69, the St. Louis Cardinals announced Friday. Dating back to his time with the Braves, Hall of Fame reliever Bruce Sutter has received $1.12 million each year since 1990. In total, Sutter will earn north of $45 million for his three years being terrible as a member of the Atlanta Braves.. Fans are getting a comic line for the films to celebrate the new installment coming in 2024. Though he played his last game in 2019, the Laser Show didnt officially retire from baseball until 2021 but that didnt stop him from making base salaries of $4,637,737 in 2020 and $12,000,000 in 2021. His tweet from March has certainly aged well. The Baseball Hall of Fame said Bruce Sutter died in . Keep in mind he only made roughly $750,000 in annual salary during his four years playing badly for the Braves. ATLANTA -- The Atlanta Braves signed free agent Bruce Sutter to a contract worth nearly $50 million Friday and the fastball relief pitcher said he was delighted because now he can see Dale. At 69 years old, the Hall of Famer is still getting rich off the World Series champs. The last time Saberhagen pitched in the big leagues was 2001. Then, you dont have all your eggs in one basket.. If it goes under, probably America will go under.. They wanted Bruce Sutter. Many of the questions being asked cannot be reliably answered at this time. One, New York is a bigger media market than Atlanta. Do Not Sell or Share My Personal Information, Lakers playoff hopes take another hit after comeback fades vs. Minnesota, Ducks strike with a pair of late power-play goals to defeat Canadiens, With Norman Powell out, Clippers are edged at Sacramento for fifth loss in a row, Harvard-Westlakes Bryce Rainer fires out 92-mph fastballs in first start since 2021, Desperate mountain residents trapped by snow beg for help; We are coming, sheriff says, Hidden, illegal casinos are booming in L.A., with organized crime reaping big profits. Jun 25, 2018. It was the winter of 1984. As contracts go, Sutters Braves deal was historically bad. 11. If they funded the annuity in this way, according to the 12.3% interest rate agreed upon, the fund would have increased to $9.1 million at the end of the six years and, according to the minimum interest rate, would fund annual payments of $1.12 million. If the Seattle Mariners went bankrupt tomorrow, its clear the system would absorb the liabilities. Sutter was inducted into the MLB Hall . Bronner would not agree to make Sutter available for an interview. So, depending on the rate, the actual required payments may be more than $1.12 million a year. The New York Times reported that Sutter's six-year contract paid him $4.8 million and placed another $4.8 million into a deferred payment account at 13 percent interest. He also signed a four-year deal for $66 million in 2011 and deferred almost $10 million, roughly 25 percent. You can see him doing fake news every weekday on @TheEverythingReport and read his tweets at @seankeane. The risk might be greater with the Braves because they are so intertwined with all of Turners other enterprises. . If he had control or if the funds were segregated for his benefit, then he would be subject to immediate taxation on those amounts, a disadvantage the deal is specifically designed to overcome. In contrast, if the interest rate were to average 16%, the contract would return $57.3 million. Hes Bobby Bo. He deferred $7 million from his original deal with the Mariners and $5 million per year from his 2008-12 contract, at 5.5 percent interest, until 2020. Sutter, a six-time All-Star who saved 300 games in his career, pitched for the Chicago Cubs, St. Louis Cardinals, and Atlanta Braves during his 12-year career. Once it expired in 1990, Sutter started receiving an annual stipend of $1.3 million per year, pushing its total value to almost $50 million, making it one of the biggest in baseball at the time. Bruce received $1.12 million for 30 years and he will get the final payment, full payment of $9.1 million in 2022. Then, a deferred payment account would take over. I felt a little differently seven or eight years ago when inflation wasnt so bad.. Bruce Sutter amassed 260 saves during his first nine big league seasons, becoming one of the most dominant pitchers in the game.
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