But with $57.5 million deferred without interest, the present-day value is reduced to about 75percentt of the total.
I'd lived my entire life there, deferring without complaint to my brother's wishes on all matters of decoration, layout, music, and lighting.
Pujols is due to make $16 million this season in the final year of his contract, with $4 million of the total deferred without interest.
But the offer includes a significant amount of money that would be deferred without interest, reducing the present-day value closer to $12 million a year instead of $15 million.
He is eligible for free agency after this year and has rejected a six-year, $72 million offer from the Orioles; $12 million in that proposal would be deferred, without interest.
With that goal in mind, the Orioles may have raised their offer to Palmeiro yet again, having just gone from $45 million to $50 million, including $2 million a year deferred without interest.
Among the others, Kenny Rogers (Texas) and Aaron Sele (Seattle) came closest at $7.5 million a year, though, as with Finley, some of Rogers's money is deferred without interest, making the present-day value lower.
But the left fielder's actual salary will be precisely that amount, $10 million each year, with the remaining $15 million to be deferred without interest and paid out at $5 million a year in the three years after the contract ends.
Clifton was less certain about the Orioles, who last weekend added an option year to their three-year offer to Surhoff but altered the payout in a way that would be less attractive to Surhoff and left in the $3 million over the life of the contract that would be deferred without interest.
In some cases, parts of salaries deferred without interest are discounted to reflect present-day values.
