They make in excess of $500 million in revenue each season, and the valuation of the club rises every single year. They can afford it. The Sox could've, too.All expected in the end.
This contract maybe would be reasonable if his arm was healthy. It's pretty ludicrous given that uncertainty.
ANd I understand how he will generate revenue back, but that's still 70M on the luxury tax payroll for a stupid amount of time.
Wrong postI can’t believe it’s $700mm. I actually can’t believe it.
He’ll have to perform at 95th percentile outcomes both hitting and pitching to be worth even close to that. It’s so crazy.
Apparently a lot is deferred.All expected in the end.
This contract maybe would be reasonable if his arm was healthy. It's pretty ludicrous given that uncertainty.
ANd I understand how he will generate revenue back, but that's still 70M on the luxury tax payroll for a stupid amount of time.
Very true. The eyes roll back in the head every time new salary records are reached, but the underlying financials are (usually) solid.They make in excess of $500 million in revenue each season, and the valuation of the club rises every single year. They can afford it. The Sox could've, too.
Just in time as Bobby Bonilla day is slowly winding down to its final payment
But unless the "deferrals" are additional years of contract, do they affect the CBT?
Yeah, did the rules change? How do deferrals help the CBT?But unless the "deferrals" are additional years of contract, do they affect the CBT?
Unless it's a true option year or option years, there is never a team opt out.I wonder if there is any sort of team opt out if he's unable to pitch again.
They benefit it now. It will count against it in the deferred years.But unless the "deferrals" are additional years of contract, do they affect the CBT?
Yes I think this is what Scherzer did with the Nationals.Wait, that's allowed?
It’s still gonna hit the AAV at 70 no matter how they defer it if it’s 10 years. I didn’t think and don’t think making deferred payments after the 10 years has any impact at all.
I think the CBT salary is based on the actual contract length, so I’m not sure what that tweet could mean in the context of mitigating the CBT tax hit.Wait, that's allowed?
Hmmm it does? I stand correctedIt’s still gonna hit the AAV at 70 no matter how they defer it.
I edited but the length of the contract is how the AAV is determined, not the amount paid per year. So, even if they paid all $700m in year 10, it’s still a hit if $70m. Unless it’s not really a 10 year deal?Hmmm it does? I stand corrected
Especially not if this one turns out to be the disaster it might be. $700M is just...wow.I don’t think there will ever be a contract in the MLB this big again.
I interpret it as meaning the Dodgers aren't paying his salary and the CBT penalties at the same time, so they have more cash flow flexibilityI think the CBT salary is based on the actual contract length, so I’m not sure what that tweet could mean in the context of mitigating the CBT tax hit.