Rubenstein Article

[LookitsPuck]

53 minutes ago, Warehouse said:

Well it’s $25MM in additional payroll across 2024 and 2025, so it’s not peanuts.

Jimenez isn't coming back in 2025, and the White Sox paid most of what was left on it for 2024. The O's basically got him for free. Eflin's salary was only partial, too. Granted, Eflin next year is a decent chunk in 2025. But we'll see if Rubenstein spends real dough, because Angelos was responsible for Burnes ~$16m salary on the books in 2023 and the increase in payroll of nearly 40% YoY at the start of the season. 

I'm reserving judgement on Rubenstein until we see some medium/long term deals both in free agency *and* via extending young players. He basically inherited a ~$100m payroll and added minimally to it throughout the year. This offseason is going to go an incredibly long way to judging just how much of a change there really is. So far, the two benefits have been: he likes mingling with the fans and says the right things and no drama (Kevin Brown, thin skin situations, etc.). Rubenstein is doing a lot of the same things that Angelos got heat for: T Rowe Price, land rights, etc. And while I don't think those are bad, we haven't seen much from Rubenstein materially, yet. 

[CTBear]

3 minutes ago, LookitsPuck said:

Jimenez isn't coming back in 2025, and the White Sox paid most of what was left on it for 2024. The O's basically got him for free. Eflin's salary was only partial, too. Granted, Eflin next year is a decent chunk in 2025. But we'll see if Rubenstein spends real dough, because Angelos was responsible for Burnes ~$16m salary on the books in 2023 and the increase in payroll of nearly 40% YoY at the start of the season. 

I'm reserving judgement on Rubenstein until we see some medium/long term deals both in free agency *and* via extending young players. He basically inherited a ~$100m payroll and added minimally to it throughout the year. This offseason is going to go an incredibly long way to judging just how much of a change there really is. So far, the two benefits have been: he likes mingling with the fans and says the right things and no drama (Kevin Brown, thin skin situations, etc.). Rubenstein is doing a lot of the same things that Angelos got heat for: T Rowe Price, land rights, etc. And while I don't think those are bad, we haven't seen much from Rubenstein materially, yet. 

This year was definitely the honeymoon phase for Rubenstein. This next year is where the relationship can go any direction. 
 

As for the T. Rowe deal, I feel pretty confident in speculating that a compromise had to be made after Angelos secretly agreed to give them the stadium’s naming rights prior to the sale being announced/finalized with Rubenstein. Hopefully the Orioles are still getting some kind of meaningful revenue from the advertising because it was pretty widespread. 

[Baseball fandom]

8 hours ago, LookitsPuck said:

What does Eflin and Jimenez signify? It was a very small addition to the payroll. John Angelos would have approved that, if he needed to approve anything at all.

They had to absorb Jimenez deal. I can't remember how much it was owed but it was some decent coin from what I remembered.  Also you really think JA would had approved Eflin? I'm not so sure about that.  I be skeptical of this Maybe just maybe I'm hoping they the Orioles will finally spend some money and not be at the bottom of payroll. That is my hope 

[Can_of_corn]

2 minutes ago, Baseball fandom said:

They had to absorb Jimenez deal. I can't remember how much it was owed but it was some decent coin from what I remembered.  Also you really think JA would had approved Eflin? I'm not so sure about that.  I be skeptical of this Maybe just maybe I'm hoping they the Orioles will finally spend some money and not be at the bottom of payroll. That is my hope 

White Sox sent cash with Eloy.  Word is he cost the O's ~1.8M.  Not nothing but not what I'd call decent coin.

[Just Regular]

Cot's worksheet agrees with ~$1.8...it has the White Sox sending $4M vs. a prorated salary of $4.333 for end of 2024.

The 2025 column has the $1.5 buyout upcoming.

I guess Rubenstein could have done something fruitful if Reinsdorf had to give him the $4M on 7/30.

[Baseball fandom]

39 minutes ago, Can_of_corn said:

White Sox sent cash with Eloy.  Word is he cost the O's ~1.8M.  Not nothing but not what I'd call decent coin.

Oh was that it....My bad I thought it was a lot more. Thanks for the clarification. 

[Baseball fandom]

8 hours ago, LookitsPuck said:

Jimenez isn't coming back in 2025, and the White Sox paid most of what was left on it for 2024. The O's basically got him for free. Eflin's salary was only partial, too. Granted, Eflin next year is a decent chunk in 2025. But we'll see if Rubenstein spends real dough, because Angelos was responsible for Burnes ~$16m salary on the books in 2023 and the increase in payroll of nearly 40% YoY at the start of the season. 

I'm reserving judgement on Rubenstein until we see some medium/long term deals both in free agency *and* via extending young players. He basically inherited a ~$100m payroll and added minimally to it throughout the year. This offseason is going to go an incredibly long way to judging just how much of a change there really is. So far, the two benefits have been: he likes mingling with the fans and says the right things and no drama (Kevin Brown, thin skin situations, etc.). Rubenstein is doing a lot of the same things that Angelos got heat for: T Rowe Price, land rights, etc. And while I don't think those are bad, we haven't seen much from Rubenstein materially, yet. 

Yeah I'm trying to be optimistic that he will but if not then I give up really because he's not going anywhere for awhile one would think after he just bought the team. . No excuse not to increase payroll significantly with such a young team in a contending window.   If not now then when? No one is saying they should be the Dodgers or Yankees but no excuse not to be in the middle of the pack. 

[Warehouse]

9 hours ago, Just Regular said:

Cot's worksheet agrees with ~$1.8...it has the White Sox sending $4M vs. a prorated salary of $4.333 for end of 2024.

The 2025 column has the $1.5 buyout upcoming.

I guess Rubenstein could have done something fruitful if Reinsdorf had to give him the $4M on 7/30.

Spotrac has it at $2.5 MM. RosterResource has it at $2.6MM.  If I multiply Eloy’s 2024 salary by 1/3, I get $2.1MM.

[Warehouse]

12 minutes ago, Warehouse said:

Spotrac has it at $2.5 MM. RosterResource has it at $2.6MM.  If I multiply Eloy’s 2024 salary by 1/3, I get $2.1MM.

Counting the number of service time days with Orioles, I get 62 (Jul 30 to Sep 28) out of 186, so I think it should be $2.11 MM.

[Safelykept]

10 hours ago, Baseball fandom said:

Yeah I'm trying to be optimistic that he will but if not then I give up really because he's not going anywhere for awhile one would think after he just bought the team. . No excuse not to increase payroll significantly with such a young team in a contending window.   If not now then when? No one is saying they should be the Dodgers or Yankees but no excuse not to be in the middle of the pack. 

Agree 100%, If mike is talking about " ramping up the payroll" as a multi year process, then by the time you get 2 or 3 years down the road maybe not. If rubenstein is serious about winning and PA went to 160 in 2016 that shoul be at least what were spending next year. If not it's just an investment.