The Dodgers are back at it again.

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

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

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

Ohtani is deferring $680 million of his record-breaking $700 million contract.

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

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

Even Teoscar Hernandez, who signed a one-year, $23.5 million contract with Los Angeles last offseason, will receive $8.5 million between 2030 and 2039.

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

Salary deferrals have been allowed under the MLB collective bargaining agreement for decades – think Bobby Bonilla, who began receiving $1.2 million per year from the Mets in 2011 through 2035.

Other teams are also currently exploiting the gap.

For example, according to spotrac.com, the Mets will have to pay $76.5 million for the contracts of Francisco Lindor and Edwin Diaz from 2032 to 2042.

Red Sox star Rafael Devers will receive a deferral of $75 million from 2034 to 2043 as part of his 10-year, $313.5 million contract.

But few teams have made it to the level of the Dodgers, who not only won the World Series less than a month ago but have also made the playoffs in each of the last 12 seasons while maintaining one of the highest payrolls in the sport.

The deferrals allow teams to avoid luxury tax thresholds, giving major corporations like the Dodgers room to continue acquiring talent while avoiding tax penalties.

The players benefit, too — Ohtani could potentially avoid $90 million in California taxes on his monster deal if he were to leave the state after his deferrals went into effect, prompting a Golden State lawmaker to call on Congress to close the loophole close.

“It is disturbing that Shohei Ohtani and others can pull a hidden trick by using an obscure tax loophole to avoid paying hundreds of millions of dollars, and that sets a troubling precedent,” state Senator Josh Becker wrote in April. “The current system exacerbates unequal tax distribution, creates an unbalanced tax structure and further entrenches income inequality. SJR 14 calls on Congress to ensure that high net worth individuals pay a fairer and more equitable share of taxes, like the rest of us.”

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