Got out of Oakland and gets paid. Seems like they could have spent that money on Freddie.

Rosscup played in 4 games in 2021. He had an ERA of 3.00 over 3 innings, but his FIP was 7.88 https://t.co/SdoJboRrro

— Michael Schwab (@michaelschwab13) March 15, 2022

Breakdown on Olson: $15M in 2022, $21M in ‘23, $22M from ‘24 to ‘29. This is an extension, not a free-agent deal. Olson had two years of arbitration remaining. Gets roughly $140M to $145M in free-agent years.

— Ken Rosenthal (@Ken_Rosenthal) March 15, 2022

EastCoastAgNc said:

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Got out of Oakland and gets paid. Seems like they could have spent that money on Freddie.

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3 years younger, 2-3 more years, & much cheaper AAV.

LFG

Farmer1906 said:

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EastCoastAgNc said:

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Got out of Oakland and gets paid. Seems like they could have spent that money on Freddie.

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3 years younger, 2-3 more years, & much cheaper AAV.

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Braves fans are going to riot.

Farmer1906 said:

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What a deal.

The Braves have signed 1B Matt Olson to an eight-year, $168M extension, source tells @TheAthletic.

— Ken Rosenthal (@Ken_Rosenthal) March 15, 2022

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Hometown discount. Wow!

Wabs said:

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Tell me about it...I have a meeting in 15 minutes that's gonna last a while...

Same.

How much would he have made in the two years of arbitration vs how much he is getting? I would offer Tuck the same deal.

On my lunch break and I'm freaking out

BCSGrubber said:

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How much would he have made in the two years of arbitration vs how much he is getting? I would offer Tuck the same deal.

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Probably around 25-30 M total for the 2 years.

Wonder what the Astros offer is?

7/250?

How many years will we extend the offer?

EastCoastAgNc said:

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Just my opinion, but the fact that draft and international spending penalties were removed from going over the CBT threshold makes me confident that Jim will spend.

— Michael Schwab (@michaelschwab13) March 15, 2022

This is an interesting point

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Wait, the only penalty on big spenders is cash now? Am I missing something?

Chrundle the Great said:

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EastCoastAgNc said:

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Just my opinion, but the fact that draft and international spending penalties were removed from going over the CBT threshold makes me confident that Jim will spend.

— Michael Schwab (@michaelschwab13) March 15, 2022

This is an interesting point

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Wait, the only penalty on big spenders is cash now? Am I missing something?

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Yup

Quote:

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Competitive Balance Tax

Definition
Each year, clubs that exceed a predetermined payroll threshold are subject to a Competitive Balance Tax -- which is commonly referred to as a "luxury tax." Those who carry payrolls above that threshold are taxed on each dollar above the threshold, with the tax rate increasing based on the number of consecutive years a club has exceeded the threshold.

A team's Competitive Balance Tax figure is determined using the average annual value of each player's contract on the 40-man roster, plus any additional player benefits. Every team's final CBT figure is calculated at the end of each season. (Note: If a player signs a contract extension that doesn't kick in until a later season, his AAV for the purposes of the CBT doesn't change until the new deal begins.)
The following thresholds were put in place per the 2022-26 collective bargaining agreement:

2022: $230 million
2023: $233 million
2024: $237 million
2025: $241 million
2026: $244 million

A club that exceeds the Competitive Balance Tax threshold is subject to an increasing tax rate depending on how many consecutive years it has done so.

First year: 20 percent tax on all overages
Second consecutive year: 30 percent
Third consecutive year or more: 50 percent

If a club dips below the luxury tax threshold for a season, the penalty level is reset. So, a club that exceeds the threshold for two straight seasons but then drops below that level would be back at 20 percent the next time it exceeds the threshold.

There's also a surcharge threshold for clubs that exceed the base threshold by $20 million or more.

$20 million to $40 million: 12 percent surcharge
$40 million to $60 million: 42.5 percent surcharge for first year; 45 percent for each consecutive year after that
$60 million or more: 60 percent surcharge

Clubs that are $40 million or more above the threshold shall have their highest selection in the next Rule 4 Draft moved back 10 places unless the pick falls in the top six. In that case, the team will have its second-highest selection moved back 10 places instead.

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Just dipping into it is basically no big deal now. You just don't want to stay there and you don't want to be way over and get hit with repeater and surcharge fees.

We have 40 M to play with. Let's just say Correa uses up 90% of that. We can still go out and get a lefty specialist or add via trade midseason. If we go over, then its only 20% of the overage. Say we're at 234 M. Crane has to pay 800k. Not a big deal in the grand scheme of things.

For someone like the Mets who might be way over and stay way over its going to add up. They're at 287 M now. Year 1 that's going to cost around $35 M. If it stays the same in Year 2 then it'll cost 40.5 M. Their tax bill alone is going to top entire team's payroll.

Panama Red said:

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Why does that not make sense?

McCormick or Siri in CF makes sense. Keep Tucker in RF

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It was the whole premise of trying to sign Soler (if that's still on the table).

as it currently stands, Aaron Judge won’t be able to play Yankee home games during a contract year https://t.co/lWIluefohT

— Joon Lee (@joonlee) March 15, 2022

As above poster said

Well Baker is talking about who is actually on the team and his plan for the season.

I will buy a Correa jersey the minute it's announced. Cmon, Crane! Make it happen!

spadilly said:

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I will buy a Correa jersey the minute it's announced. Cmon, Crane! Make it happen!

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I second this!

At last count Yankees had 3 unvaccinated regular players. Mets had several unvaxxed last year and while they’ve made many alterations they still have a few. Unless something changes, greater depth is needed. https://t.co/FxQRXZ0GYf

— Jon Heyman (@JonHeyman) March 15, 2022

More, Mets impacted too

Same, except instead of a jersey I'll buy my kid a Correa shirt.