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Post by kfidd on Dec 10, 2023 14:34:42 GMT -5
Sounds like the Cubs max offer was $550m, they dropped out when told others were beyond that. Dodgers added $100m in deferred money the final day to seal the deal. If Ohtoni adds $25m in advertising/promo/marketing as mlbTradeRumors reports, Cubs could have gone higher. That’s my take as well. If you are willing to go to 550 you’ve already reached astronomical heights. What’s an extra 150 in fancy contract language? We said it all year, Ohtani’s contract was likely to end up extremely creative. Whatever. Cubs made a good effort, I’m not upset about it. Need to move forward with improving the team now.
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Post by batman66 on Dec 10, 2023 14:44:05 GMT -5
Sounds like the Cubs max offer was $550m, they dropped out when told others were beyond that. Dodgers added $100m in deferred money the final day to seal the deal. If Ohtoni adds $25m in advertising/promo/marketing as mlbTradeRumors reports, Cubs could have gone higher. That’s my take as well. If you are willing to go to 550 you’ve already reached astronomical heights. What’s an extra 150 in fancy contract language? We said it all year, Ohtani’s contract was likely to end up extremely creative. Whatever. Cubs made a good effort, I’m not upset about it. Need to move forward with improving the team now. I get what you are saying, but it's still 150 million which is not real far off from the team record contracts the Cubs have given out so it's really miles apart in their eyes. I really still don't feel he was ever leaving Southern California so I'm not upset and 550 is right in the area people had been predicting before we started to hear maybe 600. It probably would have taken 800 to get him out of California, and maybe not even that much would have.
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Post by TheChico on Dec 10, 2023 14:56:06 GMT -5
That’s my take as well. If you are willing to go to 550 you’ve already reached astronomical heights. What’s an extra 150 in fancy contract language? We said it all year, Ohtani’s contract was likely to end up extremely creative. Whatever. Cubs made a good effort, I’m not upset about it. Need to move forward with improving the team now. I get what you are saying, but it's still 150 million which is not real far off from the team record contracts the Cubs have given out so it's really miles apart in their eyes. I really still don't feel he was ever leaving Southern California so I'm not upset and 550 is right in the area people had been predicting before we started to hear maybe 600. It probably would have taken 800 to get him out of California, and maybe not even that much would have. Also the deferred money was Ohtani idea but might have only been for the Dodgers to make it work and was not offered for any other teams. I’m mean the Dodgers were starting to sweet over the AAV until the deferred thing was put on the table
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Post by batman66 on Dec 10, 2023 15:07:40 GMT -5
I get what you are saying, but it's still 150 million which is not real far off from the team record contracts the Cubs have given out so it's really miles apart in their eyes. I really still don't feel he was ever leaving Southern California so I'm not upset and 550 is right in the area people had been predicting before we started to hear maybe 600. It probably would have taken 800 to get him out of California, and maybe not even that much would have. Also the deferred money was Ohtani idea but might have only been for the Dodgers to make it work and was not offered for any other team. Also I agree, if it took the Dodgers 700 million It would have had to be much higher for the Cubs to pry him away from SoCal I'm sure he realized if he's getting an average of 70 a year that it will hinder any team a bit, so he may have eventually offered that to the team he wanted to choose , but genius idea with winning a 10 million lottery every year after your done playing. I don't think MLB should allow this type of contract though and this could change everything going forward as far as contracts go , or maybe not since he's such a special player it might be a one off type of thing ..... we shall see.
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Post by lajoiesghost on Dec 11, 2023 9:24:59 GMT -5
Also the deferred money was Ohtani idea but might have only been for the Dodgers to make it work and was not offered for any other team. Also I agree, if it took the Dodgers 700 million It would have had to be much higher for the Cubs to pry him away from SoCal I'm sure he realized if he's getting an average of 70 a year that it will hinder any team a bit, so he may have eventually offered that to the team he wanted to choose , but genius idea with winning a 10 million lottery every year after your done playing. I don't think MLB should allow this type of contract though and this could change everything going forward as far as contracts go , or maybe not since he's such a special player it might be a one off type of thing ..... we shall see. I think MLB has to take a hard look at this type of contract. What's the point of the luxury tax if teams can skirt around it? It would take several huge Ohtani type contracts on one team before it even moved the needle in terms of hurting the team down the road. This is going to become the norm unless MLB steps in, although I'm not sure they can until a new CBA is in place. I never want a player to get hurt so I don't hope for that, but I really want this to somehow come back to bite the Dodgers.
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Post by Returnofstevefitz on Dec 11, 2023 10:28:45 GMT -5
I'm sure he realized if he's getting an average of 70 a year that it will hinder any team a bit, so he may have eventually offered that to the team he wanted to choose , but genius idea with winning a 10 million lottery every year after your done playing. I don't think MLB should allow this type of contract though and this could change everything going forward as far as contracts go , or maybe not since he's such a special player it might be a one off type of thing ..... we shall see. I think MLB has to take a hard look at this type of contract. What's the point of the luxury tax if teams can skirt around it? It would take several huge Ohtani type contracts on one team before it even moved the needle in terms of hurting the team down the road. This is going to become the norm unless MLB steps in, although I'm not sure they can until a new CBA is in place. I never want a player to get hurt so I don't hope for that, but I really want this to somehow come back to bite the Dodgers. This also goes to show how much MLB teams are making.... hand over fist.
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Post by irishcubfan on Dec 11, 2023 10:33:47 GMT -5
If this loophole is closed they should counter by having a must spend salary cap floor.
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Post by Returnofstevefitz on Dec 11, 2023 11:12:34 GMT -5
If this loophole is closed they should counter by having a must spend salary cap floor. YES!!!!!! I've been saying this for years.
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Post by trav768 on Dec 11, 2023 18:08:14 GMT -5
Shohei Ohtani's $700 million contract calls for him to be paid only $2 million a year for the next 10 seasons, with $680 million deferred until the end of the deal, sources confirm to ESPN. The CBT hit on the contract is going to be around $46 million, a huge discount for L.A.
this is total BS. you signed him for 70 million a year, Dodgers should have to pay him 70 million a year. Yes eventually Dodgers have to pay him the 680 million, but to only pay him 2 million a year while he is playing is BS.
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Post by Returnofstevefitz on Dec 11, 2023 18:30:41 GMT -5
The Dodgers pulled the rug from under everyone’s feet. They’re playing big boy baseball
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Post by cfin on Dec 11, 2023 18:35:35 GMT -5
Shohei Ohtani's $700 million contract calls for him to be paid only $2 million a year for the next 10 seasons, with $680 million deferred until the end of the deal, sources confirm to ESPN. The CBT hit on the contract is going to be around $46 million, a huge discount for L.A. this is total BS. you signed him for 70 million a year, Dodgers should have to pay him 70 million a year. Yes eventually Dodgers have to pay him the 680 million, but to only pay him 2 million a year while he is playing is BS. I tend to only look at AAV and CBT hits. I mean $700M for anything is a lot of money. But if that's spread out over 70 years that still only (ONLY!) $10M a year.
I said before that an Ohtani contract might be 15 or 20 years, just to get the AAV down and reducing the CBT hit. $700M for a 20 year contract means the AAV would be $35M. No way Ohtani plays for the next 20 years, but he essentially gets to collect $35M a year for 10 years or so after he "retires" from the game.
The question I have with the way this deferral is working, does that mean the Dodgers have a $46M CBT hit from this contract from now until 2043? That's the only way it really makes sense to me.
Or is it just a $46M CBT hit between now and 2034, when the contract "ends"?
Did the Cubs or any of the other suitors try this? A $70M a year CBT hit is too much and I don't fault the Cubs for not matching that. A $46M a year CBT hit between now and 2043 is also a significant hit, maybe it's more manageable. If its a $46M a year CBT hit just between now and 2034, then I'd have to hopes that the Cubs front office was willing to match this. $46M is still a significant chunk of change, but for a player like Ohtani it's not that unreasonable.
I did not know MLB had these deferral clauses written into the CBT accounting. I agree that I don't like it. It should be a $70M CBT hit for the entire 10 years of the contract.
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Post by batman66 on Dec 11, 2023 18:38:56 GMT -5
The Dodgers pulled the rug from under everyone’s feet. They’re playing big boy baseball Genius on their part , gotta give them credit for beating the system. But this kind of shit should not be allowed, it pretty much totally obliterates the idea of having the luxury tax .
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Post by TheChico on Dec 11, 2023 18:45:50 GMT -5
The Dodgers pulled the rug from under everyone’s feet. They’re playing big boy baseball 2 Million a year for 10 years, the $46 CBT hit does not mean jack shit in this situation. if this is the new standard, the small market teams should fold now, they are toast.
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Post by batman66 on Dec 11, 2023 18:46:00 GMT -5
So essentially it's really a 20 year contract if he's getting paid until 2043 but come 2034 he could sign with another team while still being paid by LA until 2043, that's what it boils down to.
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Post by batman66 on Dec 11, 2023 18:46:33 GMT -5
The Dodgers pulled the rug from under everyone’s feet. They’re playing big boy baseball 2 Million a year for 10 years, the $46 CBT hit does not mean jack shit in this situation. if this is the new standard, the small market teams should fold now, they are toast. I don't know how MLB is allowing this.
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Post by TheChico on Dec 11, 2023 18:47:07 GMT -5
The Dodgers pulled the rug from under everyone’s feet. They’re playing big boy baseball Genius on their part , gotta give them credit for beating the system. But this kind of shit should not be allowed, it pretty much totally obliterates the idea of having the luxury tax . Apparently to all national media writers, this is the greatest thing to ever happen in baseball. Goodbye Small market teams, Super teams are going to be formed out of this.
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Post by batman66 on Dec 11, 2023 18:52:41 GMT -5
Genius on their part , gotta give them credit for beating the system. But this kind of shit should not be allowed, it pretty much totally obliterates the idea of having the luxury tax . Apparently to all national media writers, this is the greatest thing to ever happen in baseball. Goodbye Small market teams, Super teams are going to be formed out of this. Well not many players make 50 million a year in endorsements which is what I just read he makes , so there won't be a lot of players making a huge dererral deal like this. Doesn't MLB have to approve contracts? I'm sure Manfred loves they glory this is shinning on baseball with all the world about Ohtani , but he has to be fuming that LA just beat his system.
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Post by TheChico on Dec 11, 2023 18:57:16 GMT -5
Apparently to all national media writers, this is the greatest thing to ever happen in baseball. Goodbye Small market teams, Super teams are going to be formed out of this. Well not many players make 50 million a year in endorsements which is what I just read he makes , so there won't be a lot of players making a huge dererral deal like this. Doesn't MLB have to approve contracts? I'm sure Manfred loves they glory this is shinning on baseball with all the world about Ohtani , but he has to be fuming that LA just beat his system. There is nothing in the CBT said you can do this, there is no limit on the amount or years you can deferred money so it will be approved. MLB also wants Ohrani on a major market team like the Dodgers or Yankees, more revenue for them.
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Post by Drav on Dec 11, 2023 18:57:59 GMT -5
Genius on their part , gotta give them credit for beating the system. But this kind of shit should not be allowed, it pretty much totally obliterates the idea of having the luxury tax . Apparently to all national media writers, this is the greatest thing to ever happen in baseball. Goodbye Small market teams, Super teams are going to be formed out of this. Can teams just leave MLB? Could all the small market teams just leave MLB and make their own league?
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Post by TheChico on Dec 11, 2023 19:04:42 GMT -5
Qualifying offer for next year will be $28 million due to Ohtani contract. lol
Another loss for small market teams.
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