Tex goes to the Bronx

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  • SPTO
    binging
    • Feb 2003
    • 68046

    #226
    Re: Tex goes to the Bronx

    I know this is old news to you guys but I found this out last night. Tex has a full no trade clause....That's going to sit REALLY well in Yankee land during the 7th and 8th years of that deal when he's being so grossly overpaid and most likely either injury prone or sitting on the bench.

    Man you gotta love it when the Yanks throw tons of money out there like that. Anywho, I'll laugh with glee if they somehow don't make the playoffs in '09.
    Member of the Official OS Bills Backers Club

    "Baseball is the most important thing that doesn't matter at all" - Robert B. Parker

    Comment

    • NYJets
      Hall Of Fame
      • Jul 2002
      • 18637

      #227
      Re: Tex goes to the Bronx

      Originally posted by SPTO
      I know this is old news to you guys but I found this out last night. Tex has a full no trade clause....That's going to sit REALLY well in Yankee land during the 7th and 8th years of that deal when he's being so grossly overpaid and most likely either injury prone or sitting on the bench.

      Man you gotta love it when the Yanks throw tons of money out there like that. Anywho, I'll laugh with glee if they somehow don't make the playoffs in '09.
      1. He'll only be 36 when the contract runs out. He plays one of the least stress defensive positions. He's been durable so far in his career, I really doubt he's going to drop off that much where he's not even good enough to start.

      2. If he does drop off that much, who would take him? No one is going to pay $23 million for a bench player. I find it hard to imagine a scenario of the Yankees wanting to trade him, being able to trade him, and having Texiera block the deal.


      I love how every player the Yankees acquire you predict to be an epic failure.
      Originally posted by Jay Bilas
      The question isn't whether UConn belongs with the elites, but over the last 20 years, whether the rest of the college basketball elite belongs with UConn

      Comment

      • bigfnjoe96
        Hall Of Fame
        • Feb 2004
        • 11410

        #228
        Re: Tex goes to the Bronx

        Originally posted by Knight165
        The tax breaks they asked for in concert with the money the CITY had to spend for infrastructure is over 1 BILLION dollars....paid for by you and I. The teams wouldn't build the stadiums without these fixes and tax breaks.
        They asked for the stadium money and would have gotten it too if Rudy was in office.....
        Bottom line....NYC taxpayers took a big hit for the Mets and Yanks.Period.

        http://www.nytimes.com/2008/11/05/ny...5stadiums.html


        M.K.
        Knight165
        Quoted from that same article...

        In those early stages, city, state and team officials estimated that the Yankees project would cost about $1 billion, with the team paying 80 percent, or $800 million, for the stadium, while the city and state would contribute $208.6 million for parks and garages.
        Care to explain how the Stadium is being built on the backs of tax payers...

        Secondly almost all stadiums/arenas in NYC don't pay property taxes. That's the deal the city strikes with these teams in order for them to STAY in NY. C'mon Knight I'm pretty sure you know this.

        Listen the Yankees have a Stadium to pay for. That stadium doesn't get paid if they can't fill the seats. Hence why you see the moves they are making..

        BTW for anyone thinking about catching those 2 exhibition games against the Cubs in April. Keep your eye out because for those 2 games the Yankees are rolling back ticket prices to Original Yankees Stadium prices...

        Comment

        • SPTO
          binging
          • Feb 2003
          • 68046

          #229
          Re: Tex goes to the Bronx

          Originally posted by NYJets

          I love how every player the Yankees acquire you predict to be an epic failure.
          I gotta be right one of these days?

          Besides it makes me feel better for being a fan of a team that clearly on neutral and having people speculating about the trade of THE franchise player. (Yes there's talk of trading Halladay)
          Member of the Official OS Bills Backers Club

          "Baseball is the most important thing that doesn't matter at all" - Robert B. Parker

          Comment

          • Knight165
            *ll St*r
            • Feb 2003
            • 24964

            #230
            Re: Tex goes to the Bronx

            Originally posted by bigfnjoe96
            Quoted from that same article...



            Care to explain how the Stadium is being built on the backs of tax payers...

            Secondly almost all stadiums/arenas in NYC don't pay property taxes. That's the deal the city strikes with these teams in order for them to STAY in NY. C'mon Knight I'm pretty sure you know this.

            Listen the Yankees have a Stadium to pay for. That stadium doesn't get paid if they can't fill the seats. Hence why you see the moves they are making..

            BTW for anyone thinking about catching those 2 exhibition games against the Cubs in April. Keep your eye out because for those 2 games the Yankees are rolling back ticket prices to Original Yankees Stadium prices...

            Here is how I care to explain that I said the stadium will be built on taxpayer money.
            I NEVER SAID THE STADIUM WOULD BE BUILT ON TAXPAYER MONEY.

            I said the Yankees demanded new infrastructure(AT THE TAXPAYER COST) and free rent(ON CITY OWNED LAND) and to pay ZERO TAXES ON THE PROPERTY to the tune of over 1 billion dollars.

            Squint....you can argue that all you want. It's nonsense. Do other areas in NYC that don't have the stadium around it simply fail because there is a taxpaying business in the area surrounding it?
            If 1000 homeowners in one neighborhood said they each wanted to build 1 million dollar homes(my house in Astoria could easily get 1 million) and argued that the jobs for construction it would create would be unparalleled and the community could easily support tons of new businesses....but they wanted to pay no taxes on that property, what would the city say?
            .....and any business(even taxpaying ones) would have workers to support it, so the perpetual jobs created is kind of moot anyway.
            The whole "if we don't give them something...they'll leave....it's so good for the city" mentality is a crock of $hit IMO.

            Oh...and bfj...that 200mil for parks and infrastructure has ballooned to nearly 500 million....you conveniently left out that part of the article in your quote.

            M.K.
            Knight165
            Last edited by Knight165; 12-24-2008, 03:25 PM.
            All gave some. Some gave all. 343

            Comment

            • Misfit
              All Star
              • Mar 2003
              • 5766

              #231
              Re: Tex goes to the Bronx

              Originally posted by bigfnjoe96
              Quoted from that same article...



              Care to explain how the Stadium is being built on the backs of tax payers...

              Secondly almost all stadiums/arenas in NYC don't pay property taxes. That's the deal the city strikes with these teams in order for them to STAY in NY. C'mon Knight I'm pretty sure you know this.

              Listen the Yankees have a Stadium to pay for. That stadium doesn't get paid if they can't fill the seats. Hence why you see the moves they are making..

              BTW for anyone thinking about catching those 2 exhibition games against the Cubs in April. Keep your eye out because for those 2 games the Yankees are rolling back ticket prices to Original Yankees Stadium prices...

              About half of that 800 million is through tax-exempt bonds. If a team can just throw away nearly 27 million dollars on just luxury taxes they should be able to pay the taxes for their new stadium construction. New York didn't need to give the Yankees anything. The Yankees had no leverage there, they weren't going to leave New York if they didn't get help.

              Comment

              • Knight165
                *ll St*r
                • Feb 2003
                • 24964

                #232
                Re: Tex goes to the Bronx

                Joe...

                I know that every team gets those deals. I'm not harping on the Yanks getting it.
                I just feel that first...those teams are going nowhere...regardless.
                Also, I really feel that WAY too much of the burden is being put on the "middle class"(is there really such a thing anymore?) and every time something needs too get done/fixed.....it's being placed squarely on the shoulders of us.
                These back room deals(all of them..not these stadium deals) are starting to irk me more and more.
                How can you tell the people of NYC that we are in such dire straits that police and fire protection...the most essential of all services has to be cut because the money is just not there and hand deals off to teams that know no bounds in spending.
                Seriously.

                M.K.
                Knight165
                All gave some. Some gave all. 343

                Comment

                • CMH
                  Making you famous
                  • Oct 2002
                  • 26203

                  #233
                  Re: Tex goes to the Bronx

                  Do the Yankees have to foot that entire $800 MM bill in one shot? How does that work?

                  I saw one argument that if they can shell out $400 MM in one offseason then they can pay $800 MM for their stadium.

                  But, that $400 MM is being spread out over 8 years. That makes it more financially possible to payout. I can't see the Yankees being able to afford $800 MM for a stadium in one year.

                  Then again, I asked because I don't know how that works out. If it were something that was spread out over 20 years then they should have no issues.
                  "It may well be that we spectators, who are not divinely gifted as athletes, are the only ones able to truly see, articulate and animate the experience of the gift we are denied. And that those who receive and act out the gift of athletic genius must, perforce, be blind and dumb about it -- and not because blindness and dumbness are the price of the gift, but because they are its essence." - David Foster Wallace

                  "You'll not find more penny-wise/pound-foolish behavior than in Major League Baseball." - Rob Neyer

                  Comment

                  • spit_bubble
                    MVP
                    • Nov 2004
                    • 3292

                    #234
                    Re: Tex goes to the Bronx

                    This move... How is it any different from any of the other moves over the past decade or so?

                    Disparty has made MLB uniteresting, like listening to a record that skips and plays the same part over and over.

                    It certainly doesn't help that there are so many d***weeds out there who think they're the next Billy Beane, removing any and all majesty from the game.

                    It's a shame too because there are some truly great players out there, floundering in a league that has become a fools paradise.
                    All ties severed...

                    Comment

                    • bigfnjoe96
                      Hall Of Fame
                      • Feb 2004
                      • 11410

                      #235
                      Re: Tex goes to the Bronx

                      Originally posted by Knight165
                      Joe...

                      I know that every team gets those deals. I'm not harping on the Yanks getting it.
                      I just feel that first...those teams are going nowhere...regardless.
                      Also, I really feel that WAY too much of the burden is being put on the "middle class"(is there really such a thing anymore?) and every time something needs too get done/fixed.....it's being placed squarely on the shoulders of us.
                      These back room deals(all of them..not these stadium deals) are starting to irk me more and more.
                      How can you tell the people of NYC that we are in such dire straits that police and fire protection...the most essential of all services has to be cut because the money is just not there and hand deals off to teams that know no bounds in spending.
                      Seriously.

                      M.K.
                      Knight165
                      M.K. I will not argue about the cities financial situation. I know 1st hand, I work in Non-Profit & we depend on City Tax $ to help provide services to the clients we serve. Due to the deficit we will have to cut down on services meaning some of my co-workers will not have jobs @ the end of this budget cycle (June 09) but the reality is Wall Street/Stock Market is really the main cause of the budget cuts thru-out the state. Could collecting taxes on these stadiums help with the budget deficit. Yes, but more than likely we would still be in a deficit & services would still have to be cut.

                      Personally I think people would've been more pissed (including myself) if the city fully financed the stadium for both the Yanks & Mets. As for the Yankee spending as a Yanks fan I have no problem with it because they are putting the $ they make back into the team.

                      No matter what thought M.K. I hope WE make it thru these tough times & NYC comes together to help ease the burden we are facing now & in the coming years..

                      Happy Holidays to you & yours

                      Comment

                      • bigfnjoe96
                        Hall Of Fame
                        • Feb 2004
                        • 11410

                        #236
                        Re: Tex goes to the Bronx

                        Originally posted by Misfit
                        About half of that 800 million is through tax-exempt bonds. If a team can just throw away nearly 27 million dollars on just luxury taxes they should be able to pay the taxes for their new stadium construction. New York didn't need to give the Yankees anything. The Yankees had no leverage there, they weren't going to leave New York if they didn't get help.
                        If you think the Yankees had no leverage, I have a Bridge in Brooklyn to sell you

                        Comment

                        • bigfnjoe96
                          Hall Of Fame
                          • Feb 2004
                          • 11410

                          #237
                          Re: Tex goes to the Bronx

                          Originally posted by YankeePride
                          Do the Yankees have to foot that entire $800 MM bill in one shot? How does that work?

                          I saw one argument that if they can shell out $400 MM in one offseason then they can pay $800 MM for their stadium.

                          But, that $400 MM is being spread out over 8 years. That makes it more financially possible to payout. I can't see the Yankees being able to afford $800 MM for a stadium in one year.

                          Then again, I asked because I don't know how that works out. If it were something that was spread out over 20 years then they should have no issues.
                          I'm pretty sure they got a loan on some of that $ & will be paying that loan back in installments

                          Comment

                          • stewaat

                            #238
                            Re: Tex goes to the Bronx

                            I'm starting to become a Yankees fan because of their awesome way of business.

                            They have no budget!

                            Comment

                            • bkrich83
                              Has Been
                              • Jul 2002
                              • 71582

                              #239
                              Re: Tex goes to the Bronx

                              Originally posted by bigfnjoe96
                              If you think the Yankees had no leverage, I have a Bridge in Brooklyn to sell you
                              What leverage did they have? They weren't going to move out of town and everyone knows it.
                              Tracking my NCAA Coach Career

                              Comment

                              • bigeastbumrush
                                My Momma's Son
                                • Feb 2003
                                • 19245

                                #240
                                Re: Tex goes to the Bronx

                                Originally posted by bkrich83
                                What leverage did they have? They weren't going to move out of town and everyone knows it.
                                How about if they just put a crappy minor league team out to play in this newly funded stadium and watch the seats just stay empty like 3/4 of the rest of the league?

                                Comment

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