Red Sox to send Dodgers $48M in 18 installments over 3 years

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The Boston Red Sox will make their $48 million in payments to the Los Angeles Dodgers as part of the David Price and Mookie Betts trade in 18 equal installments over the next three years. Boston will send Los Angeles $2,666,667 on the 15th of each month from April through September in 2020, 2021 and 2022 as part of the deal announced Monday, according to details obtained by The Associated Press. The $48 million is equal to half of what Price is owed for the remainder of the $217 million, seven-year contract he agreed to with Boston ahead of the 2016 season.

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