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Ken Griffey Jr. Will Be Reds' 4th-Highest Paid Player in 2023 Due to Deferred Salary
https://bleacherreport.com/articles/10070125-ken-griffey-jr-will-be-reds-4th-highest-paid-player-in-2023-due-to-deferred-salaryGriffey still counts for $3.6 million on Cincinnati's books, per Spotrac. Among current Reds players, only Joey Votto and Wil Myers will make more. Mike Moustakas also had $22 million outstanding on his contract when he was released in January.
According to Sports Illustrated's Tom Verducci, Griffey agreed to defer $57.5 million at 4 percent interest. He'd begin earning that money in 2010 and continue receiving annual payouts until 2025.
For years, Bobby Bonilla has been the gold standard for a retired MLB star cashing a paycheck thanks to some shrewd contract negotiations. Griffey is giving the six-time All-Star a run for his money.
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