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Rio DFA, Wilkerson brought up


eddie83

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47 minutes ago, Natty said:

Interesting, I looked up Wilkerson about a month ago and he was not even in baseball since 2019.

He was hurt all last year.  "All" = August and September because that was the whole season.

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45 minutes ago, MurphDogg said:

I am aware. They could have gone with any number of others without DFAing Ruiz though.

Yeah I was thinking that by designating Ruiz, they are saying they prefer Urias, or Waddell...really low bar.

I’m not sorry to lose him, but there are a couple others I would’ve preferred to replace first.

And I’m not sure Wilkerson as much of an improvement, but I’m glad to see him. And Ruiz probably has three to $4 million in the bank, he’ll be OK

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10 minutes ago, Philip said:

And Ruiz probably has three to $4 million in the bank, he’ll be OK

Not unless he inherited it, or invested the money he made playing baseball really well and figured out a way not to pay taxes on it.   

He did get a big overslot bonus of $1.85 mm when he was drafted in the 4th round, along with maybe $1.2 mm in major league salaries and a few hundred K in MiL salaries.
 

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9 minutes ago, Frobby said:

Not unless he inherited it, or invested the money he made playing baseball really well and figured out a way not to pay taxes on it.   

He did get a big overslot bonus of $1.85 mm when he was drafted in the 4th round, along with maybe $1.2 mm in major league salaries and a few hundred K in MiL salaries.
 

The S&P500 was under 2000 in 2012. Counting dividends and appreciation, $1M after tax would have grown to $4M today. That doesn't include the salary he has made along the way.

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9 minutes ago, Aristotelian said:

The S&P500 was under 2000 in 2012. Counting dividends and appreciation, $1M after tax would have grown to $4M today. That doesn't include the salary he has made along the way.

Nah.

“If you invested $100 in the S&P 500 at the beginning of 2012, you would have about $347.96 at the beginning of 2021, assuming you reinvested all dividends.”

https://www.officialdata.org/us/stocks/s-p-500/2012

Of course, I have no idea what Rio netted after taxes, or how much he spent vs. invested, or what he invested in.

 

 

 

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15 minutes ago, Frobby said:

Nah.

“If you invested $100 in the S&P 500 at the beginning of 2012, you would have about $347.96 at the beginning of 2021, assuming you reinvested all dividends.”

https://www.officialdata.org/us/stocks/s-p-500/2012

Of course, I have no idea what Rio netted after taxes, or how much he spent vs. invested, or what he invested in.

 

 

 

Not sure about that website or how they calculate. Portfoliovisualizer gives me $4.01M and Morningstar says $3.93M. Even if you go with $3.47M I think it is fair to say additional savings and investment could have gotten him to $4M.

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3 minutes ago, Aristotelian said:

Not sure about that website or how they calculate. Portfoliovisualizer gives me $4.01M and Morningstar says $3.93M. Even if you go with $3.47M I think it is fair to say additional savings and investment could have gotten him to $4M.

Maybe he put it all in bitcoin.

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