Dodgers Secure Blake Snell in Major Five-Year Signing

The Los Angeles Dodgers have signed pitcher Blake Snell to a five-year, $182 million contract, with $60 million in deferrals, reducing its net present value to $160-165 million. The deal includes a $52 million signing bonus and limited no-trade protection, but no opt-out clauses. Snell, who had a strong finish to the season with a 1.23 ERA over his final 14 starts, fits the Dodgers' strategy of prioritizing high-upside pitchers despite injury risks. This signing pushes the Dodgers' competitive balance tax figure over $300 million.