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Brian Giles Gets Holliday Treatment From Pirates
Written by wrigleyville   
Sunday, 10 January 2010

The Pittsburgh Pirates have a payroll hovering around $33 million right now, though will add a bit here and there, which is less than half of any other team in the division and a quarter of the Cubs.

They will be spending more beginning next year - on a player who hasn't played in Pittsburgh since 2003:

(Matt) Holliday's contract calls for the Cardinals to make deferred payments of $1.5 million annually from 2020-29, just before he turns 50. The Pirates have a similar arrangement with former star Brian Giles: As part of his five-year, $45 million extension signed in 2000, Giles had $5.5 million of his signing bonus deferred, as well as $7 million of his salary for 2000-02. The Pirates must pay all of that $12.5 million in installments beginning in 2011 and ending in 2025.

That's $833,000 a year - or more than all but eight of the current Pirates' 2010 salaries. Some would call that an albatross.



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