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Dodgers’ deferred payment obligations top $1 billion to 7 players with Snell and Edman contracts

FILE - San Francisco Giants pitcher Blake Snell works against the Atlanta Braves during the first inning of a baseball game in San Francisco, Aug. 12, 2024. (AP Photo/Jeff Chiu, File)
FILE - San Francisco Giants pitcher Blake Snell works against the Atlanta Braves during the first inning of a baseball game in San Francisco, Aug. 12, 2024. (AP Photo/Jeff Chiu, File) FILE - San Francisco Giants pitcher Blake Snell works against the Atlanta Braves during the first inning of a baseball game in San Francisco, Aug. 12, 2024. (AP Photo/Jeff Chiu, File)

By Ronald Blum 3 min read

NEW YORK (AP) — Contracts for Blake Snell and Tommy Edman increased the Los Angeles Dodgers’ obligations for deferred payments to more than $1 billion owed to seven players from 2028-46.

Snell’s $182 million contract, announced Saturday, includes $66 million in deferred money payable to the pitcher through July 1, 2046, according to contract terms obtained by The Associated Press.

Edman’s $74 million, five-year deal, announced Friday, includes $25 million payable to the infielder and outfielder through July 1, 2044.

Los Angeles now owes deferred payments of $1,006,500,000 to seven players from 2028-46.

Snell’s average is discounted to about $31.4 million annually for the Dodgers’ luxury tax payroll and Edman to approximately $12.9 million.