The specifics of the six-year, $140 million deal Patrick Corbin signed with the Nationals have come out, and unsurprisingly, much of the money is backloaded.
Here are the details, courtesy of Jon Heyman:
Patrick Corbin: 2.5M signing bonus, 12.5m in 2019, 19M in 2020, 24M in 2021, 23M in 2022, 24m in 2023, 35M in 2024 (10M deferred w/o interest). 140m total. #nats— Jon Heyman (@JonHeyman) December 11, 2018
As you'll notice, the Nats will be paying Corbin $35 million in 2024, his age-35 season. That's an $11 million jump from the previous year, and $22.5 million more than he'll be making in the 2019 season.
That may sound like a lot of money to be paying an aging pitcher in the final year of his deal. But with the Nats, that's standard operating procedure.
To demonstrate, let's take a look at the contracts of Max Scherzer and Stephen Strasburg, Washington's other two marquee starters (contract details found on spotrac.com)
Scherzer signed a seven-year, $210 million deal with the Nats before the 2015 season, the average annual salary sitting at $30 million. However, he's only been receiving a base salary of $15 million a year -- plus signing bonus money and incentives -- through his first four years in D.C.
Why? His contract is very backloaded: starting in 2019 until his contract expires in 2021, he'll start earning a base salary close to or more than $30 million. In addition, much of his money is deferred: from 2022-28, Washington will be paying Scherzer $105 million, good for $15 million each year.
As for Strasburg, his contract includes an even more dramatic salary jump than Corbin's or Scherzer's. Since he signed his seven-year $175 million deal, he's earned base annual salaries of $10.4 million, $15 million and $15 million from 2016-18.
In 2019, that number balloons to $35 million, then down to $25 million in 2020 and back to $15 million in 2021 and 2022, before rising once again to the tune of a whopping $45 million in 2023!
In conclusion, the Nats will be paying their top three pitchers a ton of money, but Washington has decided to delay cutting those checks to give themselves more financial flexibility in the present.
MORE NATIONALS NEWS:
- Effect on Harper pursuit: Will Corbin's deal negatively impact Bryce's?
- Door's still open: Martinez believes Harper leaving is not a done deal
- Philly's Case for Harper: It makes perfect sense
The Wizards(11-16) hosts Bthe Celtics (16-10) on Wednesday night inside Capital One Arena for the first of three matchups of the 2018-19 season.
The Wizards dropped a Monday night contest in Indiana, despite an All-Star performance from Bradley Beal who poured in 30 points without John Wall in the lineup.
The Celtics, without Kyrie Irving, defeated the New Orleans Pelicans Monday night thanks to a 31-point performance from Marcus Morris.
One of the more recent and compelling NBA rivalries is back.
Here is all you need to know: TV, live stream and radio info, tip-off time, and more:
WIZARDS vs. CELTICS HOW TO WATCH:
What: Washington Wizards vs. Boston Celtics
Where: Capital One Arena, Washington D.C.
Time/Date: Wednesday, 12/12/18 at 7:00 p.m. ET
TV: NBC Sports Washington (7:00 p.m.)
Live stream: You can watch the Wizards vs. Celtics live stream on NBC Sports Washington's live stream page and the MyTeams by NBC Sports App. . Download MyTeams now for full postgame coverage and 24/7 Wizards news.
Radio: 1500 AM
WIZARDS vs. CELTICS TV SCHEDULE:
6:00 PM: Wizards Outsiders
6:30 PM: Wizards Pregame Live
7:00 PM: Wizards vs. Celtics
9:30 PM: Wizards Postgame Live
10:00 PM: Wizards Outsiders
WIZARDS vs. CELTICS INJURY REPORT:
Wizards: Dwight Howard (out, lumbar microdisectomy procedure)
Celtics: Aron Baynes (questionable, left ankle sprain), Gordon Hayward (doubtful, illness), Al Horford (questionable, left knee soreness), Guerschon Yabusele (out, right ankle sprain)
WIZARDS vs. CELTICS SERIES HISTORY:
Number of all-time Meetings: 302 games (22 playoff games)
Regular Season Record: Celtics lead series 188-114
Playoff Record: Celtics lead series 13-9
Last Meeting: Wizards beat Celtics 113-101 on 4/10/2018
MORE WIZARDS NEWS: