I’m sure you’ve all heard of Bobby Bonilla Day, and if you haven’t, congratulations, now you have. The New York Mets are the famous team for July 1sts, for whatever reason, when our own team, the Cincinnati Reds have done the same thing. Not for just one player, but several… Cincinnati’s Ken Griffey Jr is one of them. Happy payday, The Kid.
The Cincinnati Reds finance department (payroll) just wired a bank account under the holder George Kenneth Griffey Jr a lump sump of $3,593,750.00. He’s the 5th highest paid Cincinnati Reds player this year, and has been for the last 5 seasons. The kicker? Ken Griffey Jr hasn’t played a single inning for the Cincinnati Reds since 2007. The Hall of Famer has just been collecting deferred payments from the club for the last decade. The Cincinnati Reds signed him to a 9 year, $116,500,000 deal in 2000 to bring Ken Griffey Jr back to his hometown of Cincinnati, OH. The backend of his deal was $57,500,000 in deferred payments with 4% interest, according to Tom Verducci.
But fear not, my beloved Cincinnati Reds fans – Ken Griffey Jr is officially off the books. Today, July 1st, 2024, was his final deferred payment. It’s over. Bob the Apple & Oranges man is rejoicing. Bronson Arroyo is another player the Reds have signed to a contract and agreed to defer payments at the backend of the contract while it accumulates interest.
Elly de La Cruz Electricidad Vintage Style T-shirt
Elly De La Cruz vintage style t-shirt – Perfect for Bristol Speedway in 2025!
