Scott Boras

So when they say, well, what about the interest you're going to get paid?

Because what I look at is that...

So deferrals are two things.

There's deferrals that are disconnected from the contract and deferrals that are connected to the contract.

If the payout begins right after the contract and it's for an equivalent number of years that the contract length, then it's usually a reasonable deferral.

When they get in and say, I will end the contract and pay you 20 years later.

that kind of thing or like an otani contract where you're having a huge amount of money put into the back end which cuts the value of the contract in half those kinds of things but you know like i did a contract for blake snell they paid me 55 million dollar bonus he lives in the state of washington he doesn't pay any stating of tax on the bonus plus he gets paid his salary he's almost getting literally 50 of his contract in year one now there's deferral in it

But the fact of the matter is, when you get the value of that money paid up front, and then you balance that with the net present value of the deferral, you'll find out it's minimal.

But for what the teams want to do, it fits their purpose.

Because they get to annuitize a certain portion of that.

And when you're in the financial industry, they always have the annuity contacts to give them discounted rates for annuities that they fund and do that.

So it works well for them.

Is there any difference as an agent going into a year out from a labor deal than any other year?

Historically, I've done major contracts, mainly because the owners just are not concerned about...

they're more they should more be more concerned about the ebbs and flows of talent because that's what operates success in this industry and the fact that they don't have to pay players I have been able to get that clause in the contract lately they don't have to pay players during strikes it mitigates the primary concern of

I don't know of a collective bargaining agreement where an owner came out and said, you know what, things are going to be so much worse that I'm concerned about the longevity of the contract I just agreed to prior to the new CBA.

Because the only thing that even major market teams are concerned about are luxury taxes or how that's going to evolve.

And so it's usually that...

They believe that the outcome of the CBA is going to be more beneficial to them than the prior one.

So that's why I think you don't see clubs hesitate to where they're going to sacrifice a year or miss out on a talent that won't be available for five or six years because of that.