Actually: $5.5m from each of the 2008, 2009, 2010 and 2011 seasons is deferred. To when I do not know, but what that means is his salary paid in those years is $13m, and the team can payout the rest over time, meaning that what's left is a 3.5 year $64.75m deal that actually costs less in real terms. He's also a very good CF who hits extremely well for a CF. His 2005 season, first year in NY, was bad. However, going back to his age 26 season, his OPS+ has been 132, 132, 96, 150, 126, 126. He's a top 5 CF in all of a baseball with a more solid track record than any of the others, with the exception of Sizemore. He just turned 31, so, while he is likely past his prime, his contract will only pay him through 34. If he wants something like a 3-year extension in order to waive his no-trade, then he's probably too costly. But he'd be a hell of an addition to this Cubs team.