Manny Ramirez's new $45-million, two-year Dodgers deal is worth $42,005,723 according to the union filing obtained by SI.com.
Ramirez is to be paid $25 million for 2009 and $20 million for 2010. But the actual payouts are as follows: $10 million in '09, $10 million in '10, $8.33 million in '11, $8.33 million in '12 and $8.33 million in '13. He is to receive no interest on the deferred payments, bringing the value down nearly $3 million from $45 million to $42 million.
For Ramirez, the key is the ability to void the contract after 2009, at which point he can become a free agent.
A full no-trade provision is also in the contract.