Cano Gets the Starbucks Endorsement!

jon abbey

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I think Cano will be booed when he comes back, I think NY fans ended up very focused on what he didn't do (hustle to first, hit in the playoffs, accept their $175M offer) and not enough on what he did do (play every day at superstar level). 
 

cromulence

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Not sure I would've agreed with you before but he's not helping himself. Saying he's going to work even harder now (wtf were you doing before?) and that the Yankees didn't show him respect - a 7 year contract for more money per year than he ended up getting constitutes a lack of respect? He sounds like a greedy egomaniac.  
 

Average Reds

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cromulence said:
Not sure I would've agreed with you before but he's not helping himself. Saying he's going to work even harder now (wtf were you doing before?) and that the Yankees didn't show him respect - a 7 year contract for more money per year than he ended up getting constitutes a lack of respect? He sounds like a greedy egomaniac.  
 
Must have taken a lot of discipline to write that with a straight face.
 

terrynever

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English is his second language. I probably would have trouble with context while speaking Spanish, even after three mediocre years of learning the language in high school. Cano is the best Yankee second baseman ever. He just didn't stick around for his whole career. The past nine years were a lot of fun. Best swing ever for a Yankee. Stylish in the field. Enjoyed the game. Loafed a little.
 
The irony is, I have always preferred Pedroia over Cano though I would never admit it to the SOSHers. And now Pedroia is the lifer in one uniform, setting a new standard for the Red Sox, who traditionally dump players after they have used up their prime years.
 

Sampo Gida

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Looking at it from Cano’s viewpoint, he was paid 58 million for 45 WAR over 9 years with the Yankees, which has a present day value of 270 million, providing a surplus value of 210 million for the Yankees. He offered to do an extension, which comes at the cost of leaving money on the table, but was rebuffed.
 
While 240 million over 10 years for Cano’s projected 37.5 WAR  seems a lot, when you consider an expected 5% annual payroll inflation, and 0.5 WAR annual age related decline (assuming 6 WAR in 2014), his value over those 10 years comes out to 350 million (actual dollar value from 2014-2023). Taking the long term deal, which is heavily discounted for the risk teams take, has Cano leaving over 100 million on the table for Seattle.
 
That was not good enough for the Yankees who did not want to pay Cano for his age 38-40 seasons which would be worth 42 million in 2021 dollars (30 million in 2014 dollars), but are willing to pay Beltran 45 million in 2014 dollars for his age 37-39 seasons.
 
In fact, smart business men that they are, they have chosen to spend 198 million for 10 years of Jacoby (age 30-36) and Beltran (age 37-39) instead of Cano.  Assuming
5 WAR for Ellsbury in 2014 and 2.5 WAR for Beltran, together they are projected to produce 30.5 WAR (assuming the same annual age related decline of 0.5 WAR), or 7 WAR less than 10 years of Cano. That 7 WAR has a 2014 value of 42 million.  In essence, they are paying Ellsbury and Beltran about what Cano got (and much less than they offered), less the 7 WAR they will produce in their 10 years than Cano is projected to do.
 
Of course, they may know more about Cano than we do and have reason to suspect he will have a much steeper age related decline curve now that he has locked up his big contract.
 

Smiling Joe Hesketh

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Honestly I think he's just wearing his shirt Manny-style there.
 
And the beard is adding like 10 pounds to that photograph.
 
As for his comments, since the beginning of time, nearly all professional athletes equate "showing respect" with "offering more money." What did the Yankees offer him, $175 million? Of course that's a staggering about of money....but it's not $240 million. So for Cano the choice was easy, and like Cano and Ellsbury and nearly everyone else in the world, I'd have taken the money too over such a large difference.
 

jon abbey

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Also that was the first and only major decision made by idiot son Hank S in the power vacuum created by George S's worsening Alzheimer's, it turned out so badly that Hal ended up on top soon after. 
 

mt8thsw9th

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jon abbey said:
Also that was the first and only major decision made by idiot son Hank S in the power vacuum created by George S's worsening Alzheimer's, it turned out so badly that Hal ended up on top soon after. 
Or the bottom, depending on your view.
 

Plympton91

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If Walker has a ROY caliber rookie season like most expect, and Hart is anything close to what he was in 2012, I don't see why the M's can't be competitive immediately. The shitting on the M's seems like a lot of sour grapes by Yankee fans and Red Sox fans who haven't comprehended the new market. The M's could easily push their payroll up to the luxury tax limit if they want to.
 

MakMan44

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Plympton91 said:
If Walker has a ROY caliber rookie season like most expect, and Hart is anything close to what he was in 2012, I don't see why the M's can't be competitive immediately. The shitting on the M's seems like a lot of sour grapes by Yankee fans and Red Sox fans who haven't comprehended the new market. The M's could easily push their payroll up to the luxury tax limit if they want to.
So if everything goes the M's way, they can be competitive immediately? Fucking brilliant, why didn't I think of that?
 

Devizier

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No one dumps on the Mariners like Mariners fans, so I'm going to go ahead and disagree with the "sour grapes" assessment.
 
Now, they have the foundation for a pretty decent squad. With Cano, Miller, Seager, they are extremely solid on the harder part of the infield. Zunino is a great prospect. Franklin -- if they keep him -- should provide a lot of quality at bats covering for the other guys. Whatever they get from Hart and Morrison at the plate shoud make up for their anticipated deficiencies in the field.
 
Their pitching staff is pretty good, and could be great, depending on what you think of Iwakuma.
 
It's their outfield, which largely features the same guys that sucked last year, that is the problem. Maybe Ackley and Saunders finally live up to their potential. But the market is awfully thin. What strikes me as odd is that the Mariners and Yankees could trade Ellsbury and Cano and both would probably be better off for it.
 

Kid T

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jon abbey said:
I think Cano will be booed when he comes back, I think NY fans ended up very focused on what he didn't do (hustle to first, hit in the playoffs, accept their $175M offer) and not enough on what he did do (play every day at superstar level). 
The only time Yankee fans hate players who chase the money, is when it's being handed out by another team.  [/cheapshot]
 

EvilEmpire

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Has there really been a ton of criticism directed at the Mariners by Yankee fans? I wouldn't like the deal for the Yankees, but don't think it is so bad for the Mariners. The Mariners are closer to a GFIN window than the Yankees and are more likely to be able to capitalize on Cano's next 3 or 4 years, which should be awesome. They need to take a shot or three while Cano and King Felix are in their primes.
 

Sampo Gida

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RedOctober3829 said:
Asked if he was disappointed that Cano reacted the way he did at a new conference in Seattle on Thursday, Levine said, "No, I feel bad for him because I think he's disappointed he's not a Yankee

http://m.espn.go.com/general/story?storyId=10133364&city=newyork&src=desktop

What a dink Levine is.
 
He should be relieved there will be 1 less number to retire and 1 fewer statue.  With a career that projects to finish at about 70 WAR, Cano is a pretty sure bet for the HOF.  Of course, if he turns into a fat pumpkin maybe not.
 
That said, I do think Cano is disappointed in not being a Yankee.  NY was a good fit for him.  But when there is that kind of a gap, 240 million in a state with no tax and 175 in a state/city that wants 12%, he had no choice.
 

mauf

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Sampo Gida said:
 
He should be relieved there will be 1 less number to retire and 1 fewer statue.  With a career that projects to finish at about 70 WAR, Cano is a pretty sure bet for the HOF.  Of course, if he turns into a fat pumpkin maybe not.
 
That said, I do think Cano is disappointed in not being a Yankee.  NY was a good fit for him.  But when there is that kind of a gap, 240 million in a state with no tax and 175 in a state/city that wants 12%, he had no choice.
 
The tax difference is overblown, if it exists at all.
 
A player seeking to minimize taxes would probably establish his permanent residence in the state where his team has spring training. Florida has no state income tax. Arizona has a modest tax (topping out at around 4.5%, iirc). 
 
Then, players are forced to apportion their income and pay taxes in every state where they play games. NYC's state and local taxes probably make it the least tax-efficient place outside of California to play your home games, but I'm only guessing -- some states you wouldn't expect have high marginal rates on high earners and/or special provisions designed to screw professional athletes and other entertainers. 
 
Maybe the higher NYC taxes make playing for the MFY less tax-efficient than playing for the Mariners, but the magnitude of the difference is nowhere near what you're suggesting it is. 
 
The only team that might have a material disadvantage in signing free agents due to tax considerations is the Blue Jays.
 

HriniakPosterChild

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maufman said:
 
A player seeking to minimize taxes would probably establish his permanent residence in the state where his team has spring training. Florida has no state income tax. Arizona has a modest tax (topping out at around 4.5%, iirc). 
 
 
If you train in Arizona, then your residence should probably be in Nevada, not Arizona, to minimize your state taxes. (Unless, of course, your home games are in Washington.)
 

terrynever

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Pete Rose, speaking on ESPN radio, said Jay Z not only got Cano big money, he got him a 30-day vacation ... in October.
 

Smiling Joe Hesketh

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The Damon reference by Sheffield makes no sense at all. Damon didn't leave the Yankees because he wanted too, he was essentially told they were moving on, wasn't he? And then he had a pretty good year for the Tigers before slowly fading out with the Rays and Cleveland.
 
Had Cano left NY for Seattle over a difference of say, $5 million, then I'd say Sheffield has a point. Over $75 million? Yeah, no one's turning down an extra $75 million no matter where the offering team is in the rebuilding process.
 

terrynever

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Smiling Joe Hesketh said:
The Damon reference by Sheffield makes no sense at all. Damon didn't leave the Yankees because he wanted too, he was essentially told they were moving on, wasn't he? And then he had a pretty good year for the Tigers before slowly fading out with the Rays and Cleveland.
 
Had Cano left NY for Seattle over a difference of say, $5 million, then I'd say Sheffield has a point. Over $75 million? Yeah, no one's turning down an extra $75 million no matter where the offering team is in the rebuilding process.
Cano was offered $25M annually by the Yankees for 7 years. Took $24M for 10 with Seattle. Does he lack confidence in his marketability at age 38?
 

NYCSox

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How many 38 year olds get contract offers of $24M+ per season?
 
Well other than "OH MY GOODNESS GRACIOUS!" himself of course. And even that was for one season.
 

cannonball 1729

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Plympton91 said:
If Walker has a ROY caliber rookie season like most expect, and Hart is anything close to what he was in 2012, I don't see why the M's can't be competitive immediately. The shitting on the M's seems like a lot of sour grapes by Yankee fans and Red Sox fans who haven't comprehended the new market. The M's could easily push their payroll up to the luxury tax limit if they want to.
 
Are people expecting Walker to have an ROY season?  Projection systems have him at an ERA just north of 4.  He's never gone through a season in the minors walking fewer than 3.6 per 9 IP.
 
 
terrynever said:
Cano was offered $25M annually by the Yankees for 7 years. Took $24M for 10 with Seattle. Does he lack confidence in his marketability at age 38?
 
Probably.  I'm assuming he won't be at 2B in 2020.  How many 38 year-old DH-types make $20 mil a year?  Even David Ortiz doesn't make that kind of money.
 

terrynever

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I just think the great lie these athletes tell themselves is that they are being disrespected over money when the truth is, they want those extra years at the end to protect themselves because nobody is better at 38 than 31.
 

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terrynever said:
I just think the great lie these athletes tell themselves is that they are being disrespected over money when the truth is, they want those extra years at the end to protect themselves because nobody is better at 38 than 31.
Except Barry Bonds.  Who knows maybe Robbie Cano will talk to Arod and find the syringe to the fountain of youth.
 

Average Reds

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terrynever said:
I just think the great lie these athletes tell themselves is that they are being disrespected over money when the truth is, they want those extra years at the end to protect themselves because nobody is better at 38 than 31.
 

 

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terrynever said:
Cano was offered $25M annually by the Yankees for 7 years. Took $24M for 10 with Seattle. Does he lack confidence in his marketability at age 38?
The Yankees obviously do.
 

Mike F

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It's probably the 9 games in income taxless Tejas
that tipped the scale. Glad to see Cano get his due and more.
 

Rice4HOF

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The tax difference is overblown, if it exists at all.
...
The only team that might have a material disadvantage in signing free agents due to tax considerations is the Blue Jays.

Nope. Canada only taxes 'residents' regardless of where they work. You are deemed to be a resident if you are physically in Canada more than ~180 days in one calendar year. Very easy to stay under that unless you spend the offseason in Canada. A foreign ballplayer should owe the Canadian govt 0 tax. Not sure how much you'd need to pay to your home state/country.