Juan Soto's 15-year, $765 million deal with the New York Mets includes no deferred money, according to sources, and has escalators that can reach above $800 million.
— Jeff Passan (@JeffPassan) December 9, 2024
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Juan Soto: 15y 765M. 51M AAV - no deferred money
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Last: 19 days ago by Cromagnum
I knew I should have been really good at baseball
COTS is already updated
https://docs.google.com/spreadsheets/d/1npn_xiAwVyCUkZf6t2ivPtqyM-uF3IEcXcrsDT_BTvc/edit?gid=1520401900#gid=1520401900
NYM are $2.5M below the CBT.
$51M per... WOWzers.
https://docs.google.com/spreadsheets/d/1npn_xiAwVyCUkZf6t2ivPtqyM-uF3IEcXcrsDT_BTvc/edit?gid=1520401900#gid=1520401900
NYM are $2.5M below the CBT.
$51M per... WOWzers.
How is that even possible? My goodness.
Two days ago on a burner
I’m posting this on a burner account, so I do not get anyone in trouble, so if you want to take this with a grain of salt you can. I am told Juan Soto has made his decision to sign with the Mets at 15 years, $745 Million, on a creative deal. Announcement I’m told will be Sunday.
— Anthony8303049 (@anthony83089466) December 6, 2024
Best thing about this is the no deferred money. Dodgers are counting on other teams to join the deferred money party and thus crank up the CBT limits in future years to cover their higher promised money.
As long as other teams stay away from that model, the Dodgers will have to pay the piper some day.
As long as other teams stay away from that model, the Dodgers will have to pay the piper some day.
How often do these mega deals work out for the team?
The Astros didn't even sell for that amount the last time they sold. A salary cap of some sort is needed and not a batter of your choice.
The Astros didn't even sell for that amount the last time they sold. A salary cap of some sort is needed and not a batter of your choice.
Last year for the Dodgers
This is where all the other teams claim that they weren't willing to go more than $100m for him.
Ny post says the Yankees offered 760 million and refused to go higher. So he went across town. Lol.
Yeah... I think the Rangers went up to $725M. Nothing out of the FO... just my own rumor.
Deferred Comp is like a car lease.
I'm not sure that the Dodgers will ever really have to pay for it.
People talk about increasing Long-Term Cap gains because the Rich don't pay "their fair share."
When Long-Term Cap gains increase, the rich person just doesn't sell the stock. Instead, they get a loan against it.
Bill Gates wants $10M. If he sells stock and pays 19%... it might be ok. Increase it to 35% and no bueno. Take out a $10M loan at 4-5% interest (Fed Rate) against his stock. The stock grows at a faster rate than 5% and he ends up better off.
I'm not sure that the Dodgers will ever really have to pay for it.
People talk about increasing Long-Term Cap gains because the Rich don't pay "their fair share."
When Long-Term Cap gains increase, the rich person just doesn't sell the stock. Instead, they get a loan against it.
Bill Gates wants $10M. If he sells stock and pays 19%... it might be ok. Increase it to 35% and no bueno. Take out a $10M loan at 4-5% interest (Fed Rate) against his stock. The stock grows at a faster rate than 5% and he ends up better off.
45-70Ag said:
How often do these mega deals work out for the team?
The Astros didn't even sell for that amount the last time they sold. A salary cap of some sort is needed and not a batter of your choice.
MLB can't figure out the TV deals or any kind of salary cap to engender parity the way the NFL and NBA have largely done but they're doing **** to mess with the game like the ghost runners, expanding the size of the bases, and the "Golden Batter."
Manfred needs to go.
Pirates have offered Juan Soto $15 million over 750 years
— Troy Beck (@troybeck) December 9, 2024
The Bobby Bonilla deal and in 2035. I guess the Mets felt like they need an albatross to replace it.
TarponChaser said:45-70Ag said:
How often do these mega deals work out for the team?
The Astros didn't even sell for that amount the last time they sold. A salary cap of some sort is needed and not a batter of your choice.
MLB can't figure out the TV deals or any kind of salary cap to engender parity the way the NFL and NBA have largely done but they're doing **** to mess with the game like the ghost runners, expanding the size of the bases, and the "Golden Batter."
Manfred needs to go.
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one interesting aspect of this...
rarely is a person who makes $50 MM per year (in any industry)...so accessible to the public as a major league baseball player -- 162 times a year
people this wealthy typically don't hang out with the common man or common fan that often for a variety of reasons
rarely is a person who makes $50 MM per year (in any industry)...so accessible to the public as a major league baseball player -- 162 times a year
people this wealthy typically don't hang out with the common man or common fan that often for a variety of reasons
Anthony Rendon is following that model
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Nothing like a car lease at all really.DallasAg 94 said:
Deferred Comp is like a car lease.
I'm not sure that the Dodgers will ever really have to pay for it.
People talk about increasing Long-Term Cap gains because the Rich don't pay "their fair share."
When Long-Term Cap gains increase, the rich person just doesn't sell the stock. Instead, they get a loan against it.
Bill Gates wants $10M. If he sells stock and pays 19%... it might be ok. Increase it to 35% and no bueno. Take out a $10M loan at 4-5% interest (Fed Rate) against his stock. The stock grows at a faster rate than 5% and he ends up better off.
One of the biggest misconceptions about Shohei Ohtani's contract is that the Dodgers will have an additional ten years to pay him the money.
— Joe Pompliano (@JoePompliano) December 12, 2023
But that's not how it works.
Major League Baseball's CBA requires teams to fully fund the present-day value of deferred payments within…
That assclown isn't worth remotely near that.
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