Chris Davis announces his "retirement" and yes, I intentionally used quotes because the Orioles have agreed to pay Chris for the one year remaining on the contract, albeit restructured. He does free up a roster spot though.
"Davis’ deferral-laden contract had originally pushed out $6MM of his $23MM salary each year. He’d been set to receive $3.5MM payments on July 1 each year from 2023-32 and $1.4MM payments on July 1 from 2033-37. Those deferrals will remain in place, it seems. Roch Kubatko of MASNsports.com reports, however, that the $17MM owed to Davis in 2022 will now be deferred and paid out in three installments from 2023-25. That frees up some payroll for the 2022 O’s but still guarantees Davis receives the entirety of the original guarantee."
Congrats. He can share Bobby Bonilla day through 2035, then he can have it to himself for two years!