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Dodger Blue > Featured > Dodgers Rumors: Mookie Betts Contract Extension Paying Until 52 Years Old
FeaturedRumors

Dodgers Rumors: Mookie Betts Contract Extension Paying Until 52 Years Old

Matt Borelli
August 11, 2020
3 Min Read
Mookie Betts, 2020 Spring Training
Gary A. Vasquez/USA TODAY Sports
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On the eve of Opening Day, the Los Angeles Dodgers announced a historic 12-year contract extension with Mookie Betts. The deal, worth a reported $365 million, is the second-largest in Major League Baseball history behind only Mike Trout’s 12-year, $426.5 million extension with the L.A. Angels.

Betts’ extension will take him through his age-39 season. His mega deal reportedly does not include an opt-out or no-trade clause, meaning that in all likelihood, he’ll spend the rest of his career in a Dodgers uniform.

Betts also received a record $65 signing bonus. However, nearly a third of his total salary will come in the form of deferred payments.

According to Ronald Blum of the Associated Press, $115 million of Betts’ salary won’t be paid to him until he nears his 52nd birthday in 2044:

Mookie Betts will not receive all of his money from his $365 million, 12-year contract with the Los Angeles Dodgers until he is approaching his 52nd birthday in 2044, according to contract details obtained by The Associated Press.

His deal includes $115 million in deferred payments. If he is traded, though, the deferrals would be eliminated and the money would be due in each season the contract covers.

Deferrals are common in massive contracts such as what Betts received. The Dodgers reportedly offered Gerrit Cole an eight-year contract with deferred payments this past offseason before he signed with the New York Yankees.

Dodgers president of baseball operations Andrew Friedman explained the logic behind this strategy a few years ago, noting the long-term benefits of spreading out money over a long period of time.

Betts rounding into form to slow start

Betts was among those in the Dodgers lineup who got off to a bit of a slow start this season, then he was hampered by a sore middle finger on his left hand. He’s been improved since returning, and explained the early-season struggles were in some part due to not being able to sufficiently work on his swing because of MLB’s health and safety protocols..

“It’s kind of tough. With everything going, it’s hard to get enough work in,” Betts said. “That’s the rough part that people don’t see. But we’ve got to find a way. It’s like that for everybody, so it’s not an excuse. Just have to find a way to get it done.”

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TAGGED:Los Angeles DodgersMookie Betts
ByMatt Borelli
Matt Borelli covers the Los Angeles Dodgers as a staff writer for Dodger Blue and holds similar responsibilities for Lakers Nation, a sister site with an emphasis on the Los Angeles Lakers. He also contributes to RamsNewswire.com and RaidersNewswire.com. An avid fantasy sports player, Matt is a former 2014 MLB Beat the Streak co-champion. His favorite Dodgers moment, among a list of many, is Clayton Kershaw's no-hitter against the Colorado Rockies in 2014. Follow him on Twitter: @mcborelli.
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