Ohtani to the Blue Jays? (Update: Signs w/Dodgers for $700 million over 10 yrs)

[Moose Milligan]

2 minutes ago, DirtyBird said:

Tom

Yup, stupid phone. 

[Since1984]

14 minutes ago, TradeAngelos said:

Why would he sign a deal like that? It destroys a large majority of the value. The opportunity loss over 10 YEARS when he isn't getting paid will come to to easily 300m if not more. This is like one of those fake NFL deals with all the money on the back end the player will never see, so overall number is worthless. This overall number is similarly worthless since he has to wait a freaking decade to start collecting lol. I'd love to hear the rationale from the players perspective. Or any perspective explaining how this makes sense. I'm sure agent loves it because he is getting paid on 700m vs the 400m it is really worth. Probably like now. 

It’s an extremely lucrative pension, downplays any greed perspective, and enables the team to fill the roster for World Series runs. As other posters have mentioned, he likely makes tons of money through endorsements.

[DirtyBird]

Just now, Moose Milligan said:

Yup, stupid phone. 

Stupid thread

[Moose Milligan]

2 minutes ago, Can_of_corn said:

All of this content will be a useful resource when the O's are trying to get under the cap.

Why aren’t the Orioles doing moves like this now? Give Gunnar 250 million 225 deferred. 

[Moose Milligan]

Just now, DirtyBird said:

Stupid thread

No ones asking you to participate 

[ChosenOne21]

I feel like these massive deferrals are going to be addressed next time there's negotiations around the cap. You really shouldn't be able to get away with paying Ohtani $70 million while only having $46 of it count against your cap

[Can_of_corn]

2 minutes ago, ChosenOne21 said:

I feel like these massive deferrals are going to be addressed next time there's negotiations around the cap. You really shouldn't be able to get away with paying Ohtani $70 million while only having $46 of it count against your cap

The MLBPA likes them.  You think the owners are going to try and make it a point of contetion?

[Frobby]

2 minutes ago, ChosenOne21 said:

I feel like these massive deferrals are going to be addressed next time there's negotiations around the cap. You really shouldn't be able to get away with paying Ohtani $70 million while only having $46 of it count against your cap

Why?  MLB has determined that $70 mm ten years from now is worth $46 mm today.  So they pay tax based on the present value.  Seems fine to me.  They’re paying the tax long before the salary is due.  
 

 

[ChosenOne21]

1 minute ago, Frobby said:

Why?  MLB has determined that $70 mm ten years from now is worth $46 mm today.  So they pay tax based on the present value.  Seems fine to me.  They’re paying the tax long before the salary is due.  
 

 

I guess my real issue is that they're paying him $2 million a year now so they can afford more talent while they have him. Seems to be skirting the spirit of the cap if not the letter.

[Moose Milligan]

1 minute ago, ChosenOne21 said:

I guess my real issue is that they're paying him $2 million a year now so they can afford more talent while they have him. Seems to be skirting the spirit of the cap if not the letter.

I feel like this should have been covered in the CBA. 

[Can_of_corn]

1 minute ago, Moose Milligan said:

I feel like this should have been covered in the CBA. 

It was.  It's allowed.

[Moose Milligan]

2 minutes ago, Can_of_corn said:

It was.  It's allowed.

Clearly. 

[Ohfan67]

13 minutes ago, ChosenOne21 said:

I feel like these massive deferrals are going to be addressed next time there's negotiations around the cap. You really shouldn't be able to get away with paying Ohtani $70 million while only having $46 of it count against your cap

Very few players are going to agree to really large deferrals. 

[Just Regular]

3 minutes ago, Can_of_corn said:

The MLBPA likes them.  You think the owners are going to try and make it a point of contetion?

I'm sure more process reporting will come with something this much of a break from tradition, and some of it I'll be curious to hear whether Tony Clark or the MLBPA were briefed on what is initially being called "Shohei's idea".

It isn't hard to imagine the MLBPA not being entirely comfortable with such a high deferral so "the team can win".     Clubs perhaps won't limit pursuing this savings angle to when all anyone sees is the SEVEN HUNDRED MILLION topline.       Granted with Scherzer there's precedent for a gigantic contract going ~50%.

[dystopia]

55 minutes ago, TradeAngelos said:

 

Can someone smarter than me explain this?