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rgio

rgio Avatar

Location: West Jersey
Gender: Male


Posted: Dec 22, 2023 - 8:21am

 GeneP59 wrote:
WOW! Two new players for $1billion.  


The issue isn't the expense, it's the revenue.  As quoted here:

“This may be close to an $800 million to $1 billion gain for the Dodgers over a decade,”

The world is A) full of money, and B) people make it in ways never imagined by anyone until very recently.  Comparing Ohtani's contract with A-Rods $250M contract only 23 years ago is useless. 

Sports are pure entertainment now...not athletics.  Jerry Jones paid $150M to own the Cowboys in 1989.  Pretty soon, they'll be worth $10B.  That's roughly a 12% annual compound return.  Ask Warren Buffett.. “My wealth has come from a combination of living in America, some lucky genes, and compound interest.”

The $1B isn't an expense... it's a way to maintain brand value while the underlying asset just grows....and grows... at a much lower net cost than advertised.  If the first quote is correct...Ohtani may be the least expensive signing this offseason.
GeneP59

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Location: On the edge of tomorrow looking back at yesterday.
Gender: Male


Posted: Dec 22, 2023 - 7:58am

WOW! Two new players for $1billion.  
ScottFromWyoming

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Location: Powell
Gender: Male


Posted: Dec 22, 2023 - 7:17am

 Proclivities wrote:

I will absolutely go to Denver this summer to see a Dodgers game. They're absolutely loaded with players I want to be able to say that I saw play. 

Now to go see what McCovey Chronicles has to say —— oh they only updated the article that said he'd turned down the Giants...
In the latest humiliation of the San Francisco Giants, the next best free agent on the market, starting pitcher Yoshinobu Yamamoto — formerly of the Orix Buffaloes of the Nippon Professional Baseball and soon to be either a member of a New York team or the Dodger — has informed our favorite baseball team that they suck and are losers.

The bad news is they're poised to again dominate the NL West so the only joy for the rest of us will be seeing them collapse in the early rounds, and/or beating the snot out of them in individual series. At LA.

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Proclivities

Proclivities Avatar

Location: Paris of the Piedmont
Gender: Male


Posted: Dec 22, 2023 - 4:59am

Sources: Japanese star Yamamoto goes to Dodgers for 12 years, $325M
Proclivities

Proclivities Avatar

Location: Paris of the Piedmont
Gender: Male


Posted: Dec 11, 2023 - 8:31am

 rgio wrote:

In honor of its value and long-term payments, maybe December 1 will become Shohei Day. They can pay him $5M or $10M a year until 2065...following the Bobby Bonilla (July 1) model.  Interest rates are high...the math would favor Shohei.


I wonder in terms of just marketing Ohtani (jerseys, bobble-heads, hats, etc.), how much money the Dodgers organization will take in - perhaps even before the season starts.

rgio

rgio Avatar

Location: West Jersey
Gender: Male


Posted: Dec 11, 2023 - 8:18am

 ScottFromWyoming wrote:

Much of the contract is deferred so the Dodgers will be able to pay other players (for a while).


In honor of its value and long-term payments, maybe December 1 will become Shohei Day. They can pay him $5M or $10M a year until 2065...following the Bobby Bonilla (July 1) model.  Interest rates are high...the math would favor Shohei.

ColdMiser

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Location: On the Trail
Gender: Male


Posted: Dec 11, 2023 - 7:36am

 kcar wrote:


Not surprising John Henry and the Red Sox wouldn't bid that much for Ohtani. They don't overpay. 




I read that Henry paid LESS to BUY the Red Sox than the Ohtani contract. 

ScottFromWyoming

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Location: Powell
Gender: Male


Posted: Dec 10, 2023 - 8:00pm

 kcar wrote:

Also, the Dodgers may have to go on a budget to build contending teams around Ohtani. . 

Much of the contract is deferred so the Dodgers will be able to pay other players (for a while).

Steve

Steve Avatar

Location: Around My Corner... and Up Yours
Gender: Male


Posted: Dec 10, 2023 - 8:57am

 Proclivities wrote:

Well, it apparently makes sense to the Dodgers, and really there are no guarantees for any athletes, but he is 29 years old.  I don't know what offers the Blue Jays, Mets, Cubs, and other teams made for him, but I think part of it is that he wants to play on the west coast.  As far as having a contending team - the Dodgers did win 100 games last season, they just managed to disintegrate in the playoffs.


That bloated contract is also a windfall for the Calif state tax coffers!

Proclivities

Proclivities Avatar

Location: Paris of the Piedmont
Gender: Male


Posted: Dec 10, 2023 - 8:17am

 kcar wrote:

It's hard to see how that contract will make sense. At $70 million/year, Ohtani's contract is larger than the 2024 total payroll for eight MLB teams or 47% of the average MLB payroll of 147,827,561. For one player.

Granted, he's been extraordinary but there's no guarantee he can sustain that success for five more years, let alone ten. Also, the Dodgers may have to go on a budget to build contending teams around Ohtani. 

Not surprising John Henry and the Red Sox wouldn't bid that much for Ohtani. They don't overpay.

Well, it apparently makes sense to the Dodgers, and really there are no guarantees for any athletes, but he is 29 years old.  I don't know what offers the Blue Jays, Mets, Cubs, and other teams made for him, but I think part of it is that he wants to play on the west coast.  As far as having a contending team - the Dodgers did win 100 games last season, they just managed to disintegrate in the playoffs.
GeneP59

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Location: On the edge of tomorrow looking back at yesterday.
Gender: Male


Posted: Dec 10, 2023 - 8:06am

 kcar wrote:

It's hard to see how that contract will make sense. At $70 million/year, Ohtani's contract is larger than the 2024 total payroll for eight MLB teams or 47% of the average MLB payroll of 147,827,561. For one player.

Granted, he's been extraordinary but there's no guarantee he can sustain that success for five more years, let alone ten. Also, the Dodgers may have to go on a budget to build contending teams around Ohtani. 

Not surprising John Henry and the Red Sox wouldn't bid that much for Ohtani. They don't overpay. 





Yup they’ll never do that again.   
kcar

kcar Avatar



Posted: Dec 9, 2023 - 10:31pm

 rgio wrote:

$700M for 10 years.

It's just amazing to think that Bryce Harper is in the middle of a 13-year, $330M contract.  He's a STEAL at that number... which is why Boros is working on an "extension" (the current contract ends when he's 38...extending him is a favor).


It's hard to see how that contract will make sense. At $70 million/year, Ohtani's contract is larger than the 2024 total payroll for eight MLB teams or 47% of the average MLB payroll of 147,827,561. For one player.

Granted, he's been extraordinary but there's no guarantee he can sustain that success for five more years, let alone ten. Also, the Dodgers may have to go on a budget to build contending teams around Ohtani. 

Not surprising John Henry and the Red Sox wouldn't bid that much for Ohtani. They don't overpay. 



rgio

rgio Avatar

Location: West Jersey
Gender: Male


Posted: Dec 9, 2023 - 4:47pm

 GeneP59 wrote:


$700 million for a broken player?

$700M for 10 years.

It's just amazing to think that Bryce Harper is in the middle of a 13-year, $330M contract.  He's a STEAL at that number... which is why Boros is working on an "extension" (the current contract ends when he's 38...extending him is a favor).

Red_Dragon

Red_Dragon Avatar

Location: Dumbf*ckistan


Posted: Dec 9, 2023 - 4:04pm

 GeneP59 wrote:


$700 million for a broken player?


right!?
GeneP59

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Location: On the edge of tomorrow looking back at yesterday.
Gender: Male


Posted: Dec 9, 2023 - 3:48pm

 Red_Dragon wrote:

$700 million for a broken player?
Red_Dragon

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Location: Dumbf*ckistan


Posted: Dec 9, 2023 - 3:09pm

insanity
GeneP59

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Location: On the edge of tomorrow looking back at yesterday.
Gender: Male


Posted: Dec 8, 2023 - 9:30am

 ScottFromWyoming wrote:


The Yanx got Soto. The math for the rest of the AL just got a lot harder, I think.

Yup they just dumped another 5 players. Looks like they are doing a complete house cleaning.

ScottFromWyoming

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Location: Powell
Gender: Male


Posted: Dec 7, 2023 - 7:39am

 GeneP59 wrote:

You could be right The Yankees acquired outfielder Alex Verdugo from the Red Sox and dumped 3 underwhelming pitchers



The Yanx got Soto. The math for the rest of the AL just got a lot harder, I think.
Bill_J

Bill_J Avatar



Posted: Dec 6, 2023 - 7:01pm

 ScottFromWyoming wrote:

TIL that Ted Williams, for example, played 2300 games in his career. Against only 7 teams



If he had played one more year he would have played against 9 teams as the AL expanded for the first time the year after he retired. 
kcar

kcar Avatar



Posted: Dec 6, 2023 - 5:26pm

 ScottFromWyoming wrote:

TIL that Ted Williams, for example, played 2300 games in his career. Against only 7 teams


Ted was also a pilot in WWII and Korea  (39 combat missions and John Glenn's wingman). He was also an expert fly fisherman. 

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