NEW YORK (AP) – The Los Angeles Dodgers owe the Padres $18 million next year as part of the $32 million they agreed to pay in last week’s trade that sent outfielder Matt Kemp to San Diego.
Los Angeles will give San Diego six $3 million installments in 2015, payable on the first of each month during regular season, according to information obtained by The Associated Press.
The Dodgers owe $3.5 million annually in each of the following four seasons, $600,000 on the first of each month from April through August and $500,000 on Sept. 1.
Kemp is due $107 million in the remaining five seasons of the $160 million, eight-year deal he signed with the Dodgers before the 2012 season: $21 million next year and $21.5 million in each of the final four seasons.
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