The Dodgers are at it again.

The reigning World Series champion signed two-time Cy Young winner Blake Snell to a five-year contract worth $182 million.

Like their blockbuster free agency deal with Shohei Ohtani last winter, Snell’s contract includes deferred money — $60 million, to be exact, nearly a third of the entire pact.

The Snell contract brings the franchise’s deferred compensation book to nearly $1 billion — $962 million — which is far ahead of the rest of the league and infuriates fans of the 29 other teams.

Ohtani suspends $680 million of his record $700 million contract.

In 2020, Mookie Betts signed a 12-year, $365 million deal with the Dodgers that included $115 million in deferrals.

Freddie Freeman and Will Smith are collectively owed more than $100 million in deferred compensation.

Even Teoscar Hernandez, who signed a $23.5 million contract with Los Angeles last season, will be paid $8.5 million between 2030 and 2039.

And there’s still plenty of offseason left for the Dodgers, who are reportedly turning to free agent Juan Soto, to add to those numbers.

Salary deferrals have been allowed under the MLB collective bargaining agreement for decades — think of Bobby Bonilla, who was paid $1.2 million a year by the Mets from 2011 to 2035.

Other teams are also currently taking advantage of the loophole.

For example, according to spotrac.com, the Mets will be on the hook for $76.5 million for the contracts of Francisco Lindor and Edwin Diaz between 2032 and 2042.

Red Sox star Rafael Devers will get $75 million in deferrals from 2034 to 2043 as part of his 10-year, $313.5 million deal.

Few teams have made it to the level of the Dodgers, who not only won the World Series less than a month ago but also made the playoffs in each of the past twelve seasons while maintaining one of the highest payrolls in sports had.

The delay allows teams to avoid luxury tax thresholds, leaving room for juggernauts like the Dodgers to continue bringing in talent while avoiding tax penalties.

The players are getting something out of it, too — Ohtani could potentially avoid $90 million in California taxes on his monster deal if he were to move out of state once his deferment takes effect, prompting a Golden State lawmaker to call on Congress to to close a loophole in the law.

“It is disturbing that Shohei Ohtani and other individuals can pull off a hidden ball trick by taking advantage of an obscure tax loophole to avoid paying hundreds of millions of dollars, and it is a troubling precedent,” wrote Senator Josh Becker in April. “The current system exacerbates the unequal distribution of taxes, creates an unbalanced tax structure and further perpetuates income inequality. SJR 14 calls on Congress to make wealthy individuals pay a fairer and more equitable share of taxes, just like the rest of us.”

As unfair as it may seem, contract deferrals will be a part of baseball through December 2026, when the current CBA expires.