The Brewers officially signed Christian Yelich to a contract extension last Friday. Now, we're starting to learn some of the details.
According to Fox 6 in Milwaukee, the Brewers will be paying Christian Yelich until 2042, when the All-Star outfielder is 50 years old!
Yelich’s $215 million, nine-year contract with the team calls for Brewers to defer $4 million each year from his $26 million annual salary from 2022-28. The deal includes a $20 million mutual option for 2029 with a $6.5 million buyout, and $2 million of the buyout would be deferred.
If the buyout is owed, the $30 million in deferred money would be paid in 12 installments of $2.5 million each July 1 from 2031-42. If the buyout is not owed, Yelich would receive the $28 million in 11 installments of $2,333,333 each July 1 from 2031-41 and a final payment of $2,333,337 on July 1, 2042.
Yelich’s new deal includes salaries of $12.5 million for this year and $14 million in 2021, the same as in the last two guaranteed seasons of the nearly $49.6 million, seven-year contract he signed in March 2015 with Miami. None of that money will be deferred.
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