fb

Latest News:

Former NFL GM Links Detroit Lions To Fan Favorite

Detroit Lions fans LOVED this dude when he was wearing the Honolulu Blue and Silver!

Contract Details for 15 Detroit Lions UDFA Players Revealed

The Contract Details for the Detroit Lions UDFA players are out.

2 Detroit Red Wings Free Agents Who Are ‘Unlikely’ To Return

A Couple Detroit Red Wings Free Agents Could Be Moving On.

Cincinnati Reds’ fourth-highest paid on payroll is 53 years old

The Cincinnati Reds‘ payroll heading into the 2023 season includes the deferred money of Hall of Famer Ken Griffey Jr., who hasn’t played in nearly 13 years. Griffey’s deferred average salary since 2009 is $3.6 million, making him the fourth-highest-paid player on the Reds’ payroll for the upcoming season. While his deferred money doesn’t receive as much attention as Bobby Bonilla‘s notorious contract, it’s a reminder of the long-term financial commitments made in professional sports.

Cincinnati Reds Ken Griffey Jr.

Key Points

  • Griffey Jr. will make $3.6 million in 2023, making him the fourth-highest-paid player on the Reds’ payroll.
  • Griffey’s deferred average salary since 2009 is $3,593,750.
  • The Reds signed Griffey to a nine-year, $116.5 million deal in 2000, with $57.5 million deferred from 2009-24.
  • The Reds’ final deferred payment to Griffey comes in 2024.
  • Wil Myers, Mike Moustakas, and Joey Votto are the only players on the Reds’ payroll set to make more than Griffey in 2023.
  • Joey Votto will make $25 million in 2023, but his contract ends after the 2023 season.
  • Griffey Jr. was inducted into the Baseball Hall of Fame in 2016 and is seventh on MLB’s all-time home run list.

Big Picture: Cincinnati Reds’ long-term financial commitments to Ken Griffey Jr.

Griffey’s deferred money on the Reds payroll is just one example of the long-term financial commitments made in professional sports. Contracts can include deferred money, signing bonuses, and incentives that extend beyond a player’s active years. These commitments can have long-lasting impacts on a team’s payroll and financial flexibility. While some players may no longer be on the field, their deferred money still counts against the team’s salary cap, which can limit the team’s ability to sign new players or make trades. It’s important for teams to balance their short-term and long-term financial goals when signing players to contracts.

Deferred Money By the Numbers

Ken Griffey Jr.’s deferred average salary since 2009 is $3,593,750.

  • Griffey’s nine-year, $116.5 million contract with the Reds included $57.5 million deferred from 2009-24.
  • Griffey will make $3.6 million in 2023, making him the fourth-highest-paid player on the Cincinnati Reds roster.

Newsletter

Don't miss

Did The NFL SCREW the Detroit Lions Again?!?! You Be The Judge

It has happened to the Detroit Lions again!

2 Detroit Red Wings Free Agents Who Are ‘Unlikely’ To Return

A Couple Detroit Red Wings Free Agents Could Be Moving On.

2024 NFL Schedule: One-fourth Of The Week 1 Slate Has Been Released

The 2024 NFL Schedule Will Be Officially Released On Wednesday Night

Detroit Pistons Land No. 1 Overall Pick in Proposed Trade

The Detroit Pistons had the worst record in the NBA this past season.

Detroit Red Wings: Deciding Ville Husso’s Fate Amid Goalkeeping Crisis

With a season marred by underperformance and injuries, what does the future hold for Ville Husso with the Detroit Red Wings?
W.G. Brady
W.G. Brady
W.G. Brady is a Detroit-based journalist who has been covering the Detroit sports scene for Detroit Sports Nation for several years. He is in his early 30s and has a wealth of experience in the industry. Throughout his career, W.G. has established himself as a respected and knowledgeable journalist known for his in-depth coverage of the teams and athletes in Detroit. With a keen eye for detail and a passion for sports, W.G. has become a go-to source for fans and readers looking for the latest news and analysis on the Detroit sports scene. He has a good reputation in the sports community and is respected for his unbiased coverage of sports events. W.G. is known for his ability to uncover hidden stories and provide unique perspectives on the teams and athletes he covers. He has a good understanding of the city of Detroit and its sports culture, which he uses to inform his reporting and analysis. He continues to be a respected journalist in the Detroit sports industry.

Former NFL GM Links Detroit Lions To Fan Favorite

Detroit Lions fans LOVED this dude when he was wearing the Honolulu Blue and Silver!

Contract Details for 15 Detroit Lions UDFA Players Revealed

The Contract Details for the Detroit Lions UDFA players are out.

2 Detroit Red Wings Free Agents Who Are ‘Unlikely’ To Return

A Couple Detroit Red Wings Free Agents Could Be Moving On.