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Monday, March 09, 2009

Enjoy Your Manny While You Can: His Salary Won't Be Paid In Full Until 2013

Unbelievable:
Ramirez gets a $25 million salary this year, but just $10 million is paid up front. The rest is due in $5 million installments each June 30 in 2010, 2011 and 2012.

His contract calls for a $20 million salary in 2010, with $5 million payable up front. He is due two installments of $3,333,333 by June 30 in 2011 and 2012, and a final payment of $8,333,333 by June 30 in 2013.

But then, the graph in the previous post ... huh ...

Via BTF.

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