Feb 27, 2009 9:21 AM EST

According to a source, the two-year, $45 million offer that Manny Ramirez rejected from the Dodgers included a sizable amount of deferred payments.

The offer would have paid Ramirez $10 million this season and $10 million in 2010, with the remaining $25 million paid out over the next three years.

Via Los Angeles Times