Chris Davis retires!

[eddie83]

Bob N missed this. 

[Brooks The Great]

1 minute ago, Sports Guy said:

Ugh ok…so no true savings.  There was no buyout, just a spreading out.  Still helps some but not really a big deal at the end.

I love having him off the 40-man roster and not wasting a spot there. Best thing to come out of this.

[eddie83]

So we saved $6M and deferred some more.  

[interloper]

https://twitter.com/danconnolly2016/status/1425836671531114500?s=19

[OsFanSinceThe80s]

2 minutes ago, DrungoHazewood said:

Peter Angelos and the Baltimore Orioles offered Chris Davis a contract that guaranteed him approximately $160M no matter what production he was able to give them on the field.  Nobody forced them to do that, and at the time it was announced most people seemed to think the contract was somewhere between risky and flat-out stupid.  

But, yea, it's Chris Davis' fault for not giving up tens of millions of dollars the Orioles willingly, contractually agreed to pay him no matter what.

I thought Davis would at least have a few good seasons before declining. Instead he was below expectations in 2016 and by 2018 became the worst full-time player in modern MLB history. 

And it didn't help matters when it was revealed Davis was lying about working on his swing during the offseason following 2017. 

[LookinUp]

4 minutes ago, DrungoHazewood said:

Peter Angelos and the Baltimore Orioles offered Chris Davis a contract that guaranteed him approximately $160M no matter what production he was able to give them on the field.  Nobody forced them to do that, and at the time it was announced most people seemed to think the contract was somewhere between risky and flat-out stupid.  

But, yea, it's Chris Davis' fault for not giving up tens of millions of dollars the Orioles willingly, contractually agreed to pay him no matter what.

I never said he shouldn't have taken the contract. I'm saying his actions before and after taking the contract were different, so I believe he took the contract under false pretenses. 

[SteveA]

24 minutes ago, DrungoHazewood said:

Do we know there is a payout?  Through now he's been paid something like $164M, the O's still owe him $30ish plus deferred payments.  But if he just retired he forfeits the $30M.

I don't think we know, but it wouldn't surprise me if there was some kind of negotiated settlement where he gest some but not all of the $30M.

[Frobby]

4 minutes ago, DrungoHazewood said:

It reduces the Orioles 2022 payroll by roughly $15M, depending on how the MLB treats deferred payments.

How MLB treats them is only really relevant to salary cap calculations, which have no real bearing on the Orioles.   

[eddie83]

Now I’m even more confused. 

[OsFanSinceThe80s]

Just now, interloper said:

https://twitter.com/danconnolly2016/status/1425836671531114500?s=19so 

It appears there is no insurance that was going to kick in to cover any portion of Davis' contract. Otherwise I think the Orioles let it play out instead of negotiating a settlement. 

 

[Sports Guy]

So, 17M paid out over 3 years plus he still gets the other 36M Deferred payments?  (He was supposed to get 42M and now he’s getting 36M)

[MCO'sFan]

1 minute ago, SteveA said:

I don't think we know, but it wouldn't surprise me if there was some kind of negotiated settlement where he gest some but not all of the $30M.

I would think there has to be some positive affect for the O's. Otherwise, why wouldn't they just roll the dice and see if there is a work stoppage?

[orioles119]

Don't the Orioles consult an orthopedic doctor?  That's two players in the last 30 years with huge contracts that have degenerative hip conditions.

[eddie83]

1 minute ago, Sports Guy said:

So, 17M paid out over 3 years plus he still gets the other 36M Deferred payments?  (He was supposed to get 42M and now he’s getting 36M)

I think I read Britt wrong. Looks like the $6M deferred he gets next year is not impacted. 

[DrungoHazewood]

4 minutes ago, LookinUp said:

I never said he shouldn't have taken the contract. I'm saying his actions before and after taking the contract were different, so I believe he took the contract under false pretenses. 

I think that's very speculative.