Both teams clearly want Johnson and could afford to pay him, especially with deferred money accounting for $6 million of his 2005 salary.
The players' deferred money will be paid at 6.5 percent interest.
"I'd have to go back and review what our organizational thinking was on deferred money."
Once the employee is ready to take his deferred money, the company can pay him by borrowing from the policy or cashing it in.
The difference depends on the possibility of deferred money.
This deal included $13.5 million in deferred money and a $13 million team option for 2007.
It includes some deferred money that would decrease the total value of the contract.
The city will resume the contribution in the next fiscal year and repay the deferred money by 1999.
Differences over that clause and deferred money ended the talks.
Furthermore, he said, the contract includes long-term deferred money that reduces its net present value to $180 million.