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Old 12-11-2023, 10:44 AM
 
17,599 posts, read 15,279,200 times
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Quote:
Originally Posted by Statz2k10 View Post
Bobby Bonilla never got a 10 year deal. His deal was restructured to help out the current team & Pujols just isn't built to last that long effectively. Not saying Ohtani will be MVP style at 40. But I think he will sitll be a good player at 35 or 36 especially with the DH being there.

A $70 million player?

The reason he's getting paid that amount is for being a dual purpose player. Is he worth $70 as a hitter alone? I can't see that.

They're paying for Mike Trout and Gerrit Cole, but all in one player.

What happens if they're paying for Stephen Strasburg and Prince Fielder?
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Old 12-11-2023, 03:02 PM
 
17,599 posts, read 15,279,200 times
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Just saw this breakout.. I'm not doing the math to see if it's right, but..


$700,000,000 Total Value
$70,000,000 Per Year
$5,833,333.33 Per Month
$1,346,153.84 Per Week
$191,780.82 Per Day
$7,990.87 Per Hour
$133.18 Per Minute
$2.22 Per Second

$432,098.77 Per Game.
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Old 12-11-2023, 03:06 PM
 
3,811 posts, read 4,696,027 times
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Quote:
Originally Posted by Labonte18 View Post
A $70 million player?

The reason he's getting paid that amount is for being a dual purpose player. Is he worth $70 as a hitter alone? I can't see that.

They're paying for Mike Trout and Gerrit Cole, but all in one player.

What happens if they're paying for Stephen Strasburg and Prince Fielder?
A lot of the $ is deferred so it's really coming down to 40-50m a year. Still a lot but the amount of $ the Dodgers are going to make from marketing ALONE with the Japanese media etc.. is going to be a lot of $.
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Old 12-11-2023, 03:26 PM
 
17,599 posts, read 15,279,200 times
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Quote:
Originally Posted by Statz2k10 View Post
A lot of the $ is deferred so it's really coming down to 40-50m a year. Still a lot but the amount of $ the Dodgers are going to make from marketing ALONE with the Japanese media etc.. is going to be a lot of $.

Yes.. But it's not like "Ok, we're pushing this $30 million for year 1 to years 15-25 and it'll be $3 million a year"

There's interest. Unless they're spreading that money out over 50-60 years. You're still going to be looking at.. I'd presume, at least $20 million a year in.. Dead money. For at least 15 years. The hope is.. That $20 million then is like $5 million today.

And.. That doesn't answer the question of what if he has a career-ending injury along the lines of Strasburg or Fielder. We know Strasburg.. Nats are on the hook 100% for that because they couldn't insure him. I'd be.. Surprised if the Dodgers could get insurance on this contract.

We see what's happening with the Nationals now from that. The Rangers just got out from under the Prince Fielder contract after 2020.. And that wasn't even TOO bad. He was making $24M/year.. BUT.. Detroit sent $6M/year which knocked it down to $18M/year.. Then, insurance covered half of it. So.. Financially, at least, they were only paying him $9M/year to do nothing... Now, how it affects cap numbers and all.. Won't pretend to fully understand all that. and, the 'cap' isn't really a cap, either.

Where I will totally agree with you is on the marketing. I don't think there's a better club to properly utilize him from that standpoint. Coupled with an extremely diverse fanbase. Yankees would have been a close second in this regard.
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Old 12-11-2023, 04:56 PM
 
9,576 posts, read 7,341,016 times
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Quote:
Originally Posted by Statz2k10 View Post
A lot of the $ is deferred so it's really coming down to 40-50m a year. Still a lot but the amount of $ the Dodgers are going to make from marketing ALONE with the Japanese media etc.. is going to be a lot of $.
97% of the $700 is being deferred and will be paid out between 2034 and 2043.

So he's "only" going to make $2 million a year from the Dodgers between 2024 to 2033, but don't feel sorry for him, since he earns upwards of $45 million annually through endorsements!

Shohei Ohtani will defer $680M in deal with Dodgers, sources say

Quote:
Ohtani's cost toward the Dodgers' competitive balance tax payroll -- which typically uses the average annual value of contracts, in this case $70 million, but discounts deferred money -- will be about $46 million after each season. That puts the combined cost of Ohtani, Freddie Freeman and Mookie Betts toward the CBT payroll at somewhere in the neighborhood of $100 million annually. The luxury-tax threshold sits at $237 million in 2024.
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Old 12-11-2023, 05:27 PM
 
Location: Bergen County, NJ
4,031 posts, read 3,644,565 times
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Quote:
Originally Posted by cjseliga View Post
97% of the $700 is being deferred and will be paid out between 2034 and 2043.

So he's "only" going to make $2 million a year from the Dodgers between 2024 to 2033, but don't feel sorry for him, since he earns upwards of $45 million annually through endorsements!

Shohei Ohtani will defer $680M in deal with Dodgers, sources say


This is absurd. Blatantly skirting luxury tax threshold, I see a rule change happening soon.
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Old 12-12-2023, 10:15 AM
 
33,316 posts, read 12,546,342 times
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Quote:
Originally Posted by cjseliga View Post
97% of the $700 is being deferred and will be paid out between 2034 and 2043.

So he's "only" going to make $2 million a year from the Dodgers between 2024 to 2033, but don't feel sorry for him, since he earns upwards of $45 million annually through endorsements!

Shohei Ohtani will defer $680M in deal with Dodgers, sources say
I don't know if it's true, but I also heard they're going to pay him 12% interest on the deferred money.
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Old 12-12-2023, 10:17 AM
 
17,599 posts, read 15,279,200 times
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Quote:
Originally Posted by cjseliga View Post
97% of the $700 is being deferred and will be paid out between 2034 and 2043.

So he's "only" going to make $2 million a year from the Dodgers between 2024 to 2033, but don't feel sorry for him, since he earns upwards of $45 million annually through endorsements!

Shohei Ohtani will defer $680M in deal with Dodgers, sources say

Yeah.. And then they pay more than $68M/year from 2034-2043.. Because.. interest.

The hope, I suppose, is that the $68M+ is worth less than it is today in 10 years. Good bet, the question is just.. How much?

My understanding is that they have to put the money into escrow now.. But, that money doesn't count towards the luxury tax?

I agree that.. You're going to see changes due to this.

And.. I maintain.. It's still a heck of a gamble. You're paying money for two players. A pitcher and a hitter.. And.. We don't know how well he'll do as a pitcher coming off his second Tommy John.. And from history.. He has been significantly injury prone.

Even some of the greatest pitchers.. Flame out around their mid-30's. Sure, you've got folks like Glavine and Maddux who pitch well into their 40's. But.. Glavine was never really the same after age 35. Maddux generally didn't throw as hard.. It was all control with him. But.. Even he, by his late 30's wasn't even approaching what he was in the past.

Clemens pitched very well through age 42, but.. He might have had some help.

Roy Halladay fell off a cliff at age 35. Though.. Again.. Perhaps some outside influences there with the drugs. Cliff Lee couldn't stay healthy after age 30.

Again.. Just seems too big a gamble for my blood.
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Old 12-12-2023, 10:49 AM
 
9,576 posts, read 7,341,016 times
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Quote:
Originally Posted by RMESMH View Post
I don't know if it's true, but I also heard they're going to pay him 12% interest on the deferred money.
I heard zero interest.

So if they invest that $680 million from 2024 to 2033, the Dodgers could easily make a ton more money and still have the $680 million to pay him out from 2034 and 2043.
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Old 12-14-2023, 08:39 AM
 
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Interesting that, rumor has it, there's an opt out tied to the Dodgers execs.

First time I've heard of that.. I can't even remember a contract opt out tied to a manager or coach, which could make a whole lot more sense.
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