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Deferred money refers to arrangements where a portion of a player's salary is compensated at a later date. What makes deferred payments appealing is that they do not count towards a team's luxury tax calculations when the deferred money is eventually paid out. The contract signed by Blake Snell with the Los Angeles Dodgers—a five-year deal worth $182 million that includes a significant signing bonus and annual deferrals—has become a prime example of this strategy.