2023-2024 Hot Stove Thread

[p_rushing]

Re: 2023-2024 Hot Stove Thread

Contract made a joke of the MLB system in my opinion. And to think if Steve Cohen would have done that they would have wanted a new rule right away. I hope as a Mets fan he uses this and next year does the same thing. Give Soto 800 million with deferred, etc.

I want someone to sign for $0 for 10 years and then deferred payments for 1,000 years or so. Make it all payable in year 11 and then the rest $1 every year.

Start writing every contract like that.

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[zello144]

Re: 2023-2024 Hot Stove Thread

I want someone to sign for $0 for 10 years and then deferred payments for 1,000 years or so. Make it all payable in year 11 and then the rest $1 every year.

Start writing every contract like that.

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The Oakland A's made Ohtani an offer too $1 a year for 700 million years

[Majingir]

Re: 2023-2024 Hot Stove Thread

I want someone to sign for $0 for 10 years and then deferred payments for 1,000 years or so. Make it all payable in year 11 and then the rest $1 every year.

Start writing every contract like that.

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Someone's gonna invent the new version of the Bobby Bonilla deal.

150m for 10 years, but they only get paid 100m. The remaining 50m gets paid out over the following 50 years in 1M increments.

A team might literally be on the hook for money they owe to someone who dies (if the guy dies before his 80s).

Or better yet, 500k increments over the next 100 years. Help out your kids, grand kids and great grand kids even more with annual payments.

The year will be 2121 and a team who has probably relocated and/or changed their name will still be celebrating that annual day.

[CBoller1331]

Re: 2023-2024 Hot Stove Thread

His contract was definitely shocking at first, but I think everyone is overreacting a bit. I really don't think we're going to see other players chase this type of deal with extreme deferrals going forward. It dramatically decreases the value of the contract for the player. Shohei is a unicorn who is likely going to make $50M+ a year in sponsorships/brand deals at least for the next few seasons. There aren't many other baseball players who will have that type of outside revenue stream who would be willing to take an extreme discount during their playing days.

And while the Dodgers only have to pay Shohei $2M a year, the CBT is counting it as $46M per year based on the present value of the deferred money, which is still the highest salary in MLB history. So yes they got a "discount" from the $70M AAV, but that was never going to be his actual salary, and they still added a record salary to their CBT.

Obviously it's impossible to predict the future, but the Dodgers should be in decent shape to payout the deferred money since they are a big market team who won't be affected by the Bally Sports debacle since they have their own TV deal. And if not then it's probably the next ownership groups problem - and maybe this all ends with Shohei owning the Dodgers a la Mario Lemieux. And from what I can tell I don't think the deferred money counts against the Luxury Tax after the contract is up in 2034 (wouldn't that defeat the purpose of the deferrals for the Dodgers??), so it won't hinder them competitively in those years as much as financially.

[dickey1331]

Re: 2023-2024 Hot Stove Thread

I agree. I don’t see many players agreeing to a deal like that especially when you count things like inflation.


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[The Kid 24]

Re: 2023-2024 Hot Stove Thread

Dodgers close to getting Glasnow.


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[The Kid 24]

Re: 2023-2024 Hot Stove Thread

Sounds like Giants offered Ohtani same contact as what Dodgers did.

[p_rushing]

Re: 2023-2024 Hot Stove Thread

I agree. I don’t see many players agreeing to a deal like that especially when you count things like inflation.


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His contract was definitely shocking at first, but I think everyone is overreacting a bit. I really don't think we're going to see other players chase this type of deal with extreme deferrals going forward. It dramatically decreases the value of the contract for the player. Shohei is a unicorn who is likely going to make $50M+ a year in sponsorships/brand deals at least for the next few seasons. There aren't many other baseball players who will have that type of outside revenue stream who would be willing to take an extreme discount during their playing days.

And while the Dodgers only have to pay Shohei $2M a year, the CBT is counting it as $46M per year based on the present value of the deferred money, which is still the highest salary in MLB history. So yes they got a "discount" from the $70M AAV, but that was never going to be his actual salary, and they still added a record salary to their CBT.

Obviously it's impossible to predict the future, but the Dodgers should be in decent shape to payout the deferred money since they are a big market team who won't be affected by the Bally Sports debacle since they have their own TV deal. And if not then it's probably the next ownership groups problem - and maybe this all ends with Shohei owning the Dodgers a la Mario Lemieux. And from what I can tell I don't think the deferred money counts against the Luxury Tax after the contract is up in 2034 (wouldn't that defeat the purpose of the deferrals for the Dodgers??), so it won't hinder them competitively in those years as much as financially.

The issue is that it substantially lowered the market value for everyone else. For a two way player, the PV is way too low and that will be used for other's deals. Soto could have started at $600, now it could be a lot lower. The value is lower than some of the existing deals.

It's also putting risk on the players that things don't change in the world and 20 years is a long time. MLBPA should be fighting this. These deals are becoming too long and will start trickling down to other players. Sure the splits won't be the same but still it will affect players.

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[DieHardYankee26]

Re: 2023-2024 Hot Stove Thread

10/460, the present day value, is still the largest guarantee in baseball history and 46 AAV is still the highest salary in the league. Soto was never going to get 60 mil a year.

[countryboy]

Re: 2023-2024 Hot Stove Thread

Ohtani, Betts, Freeman, and Will Smith were all present yesterday when the Dodgers met with Yamamoto.

[The Kid 24]

Re: 2023-2024 Hot Stove Thread

Sounds like Bellinger is down to Cubs or Blue Jays.


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[Majingir]

Re: 2023-2024 Hot Stove Thread

Sounds like Bellinger is down to Cubs or Blue Jays.


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Jays about to be every FAs bargaining chip.

Though a Varsho,Bellinger, Springer OF wouldn't be so bad at all. Add in a 4th OF who is more about defense and speed who could give those guys a day off every so often and that'd be good too.

[CBoller1331]

Re: 2023-2024 Hot Stove Thread

Jays about to be every FAs bargaining chip.

Though a Varsho,Bellinger, Springer OF wouldn't be so bad at all. Add in a 4th OF who is more about defense and speed who could give those guys a day off every so often and that'd be good too.

This smells more legit than the others. I don't think the Cubs entered this offseason planning on entering a bidding war to keep Bellinger. I think they'd be happy to get him back if the price is right but I doubt they will cross $200M for Belli.

Unrelated....another Shohei contract note, apparently he has a clause that allows him to opt out if either the President of Baseball Ops or Owner leaves the Dodgers

[Master Live 013]

Re: 2023-2024 Hot Stove Thread

You can totally tell that Ohtani's contract was designed by his agent/management group and was months, if not years, in the making. They pretty much came to the Dodgers and say "this is what we are thinking" and took it from there. Good for him.

[J_Posse]

Re: 2023-2024 Hot Stove Thread

I had no clue it would be this bad. This is making a mockery of the sport. Who knows if MLB will still be around then. Twenty years in the future and the dollar may be gone. This guy and his advisers are incredibly stupid. There could be a new cap and the Dodgers collapse because they have no cap room left, lose money, and file bankruptcy.

How is this allowed? MLB needs to step in and say no for the health of the game.

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This gotta go down as the overreaction post of the year. [emoji23][emoji23][emoji23][emoji23]

I doubt if they are spending money like this that they are anywhere close to going broke.

Ohtani makes $50M per year in endorsements right now, and that is only going to go up.

If MLB and the American dollar are "gone" in the next 10-20 years, I'd say we're all in a lot more trouble than Ohtani.

Yeah, I think if all the crazy stuff he says happens then we should be more worried about lines for break and milk. Ohtani will just take what he's already earned (read: millions of dollars) and play/live in Japan.

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