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Giants Will Pay Blake Snell While He Plays for Dodgers Due to Deferred Contract With SF

Blake Snell is set to receive simultaneous payments from two MLB franchises in 2026. Although Snell declined his player option with the Giants for 2025, his contract includes a stipulation that requires San Francisco to continue to pay Snell.

“The left-hander agreed in March to a $62 million, two-year contract that included a $17 million signing bonus payable on Jan. 15, 2026, a $15 million salary for 2024 and a $30 million salary for 2025, of which $15 million would have been deferred and payable on July 1, 2027,” wrote Ronald Blum of AP News.

The $17 million signing bonus remains in effect despite Snell’s departure from the Giants.