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Post by mmmbeer on Mar 26, 2014 10:59:36 GMT -5
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Post by Deleted on Mar 26, 2014 11:32:34 GMT -5
Not surprised that the Dodgers have overtaken the Yankees in payroll (although A-Rod's suspension knocks some $20 million from the Yankees' total). They might become the first team in history to actually exceed an unlimited budget. More telling, I think, is that this year's highest-paid player is--you guessed it!--the Dodgers' Zach Greinke, who will make $26 million this season, yet has never won more than 16 games in a season. That $26 million, by the way, is more than the Marlins and Astros will spend on their entire staffs this season.
Interestingly enough, the last team other than the Yankees to lead the majors in payroll was the 1998 Orioles, who spent just over $71 million in total salaries and wound up with a 79-83 record, a mere 35 games behind the Series-winning Yankees. The price of mediocrity never ceases to escalate. |
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Post by The New Sheriff of Rock Ridge on Mar 27, 2014 0:07:08 GMT -5
That is some bad spending by the Dodgers.
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Post by Deleted on Mar 27, 2014 23:09:02 GMT -5
Speaking of bad spending, the Tigers have reportedly agreed to a record 10-year, $292 million contract with Miguel Cabrera.
The deal includes the remaining two years on Cabrera's current deal, which means $248 million in new money on top of the $44 million he's currently owed. There are also two vesting options for $30 million apiece, meaning that Miggy could collect a cool $352 million over the next 10 years. To be sure, Cabrera is a great hitter, but he'll also be 31 in April. Do the Tigers really think it's worth it to lock up a player at least until his 39th birthday, and potentially his 41st? I guess Detroit wasn't paying attention to the Angels' fiscal misadventure with Albert Pujols.
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Post by mmmbeer on Mar 28, 2014 6:45:03 GMT -5
I wonder why they felt the need to make it such a long contract. In the post-PED era, they can't seriously expect his production to maintain into his late 30s. There must be some kind of business case (tax write-off?) why executives make these aging superstar contracts 10 years instead of 6. Unlike the NFL, it has always been my understanding that the value of MLB contracts is the real value because they are guaranteed. Why not give him 5 years for $150m ?
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Post by Deleted on Mar 28, 2014 10:15:57 GMT -5
I can understand the desire for cost certainty going forward, but if the purpose of a long-term deal is to act as a hedge against the future cost of free agency, then the deal makes no sense. Did the Tigers honestly think someone was going to fork over that much cash over that span of time for Cabrera two years from now when he's 33? Not likely. As stated, Cabrera can't file for free agency for two more seasons, but Detroit is paying him as if he already was a free agent.
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Post by Evil Yoda on Mar 28, 2014 20:18:18 GMT -5
Speaking of bad spending, the Tigers have reportedly agreed to a record 10-year, $292 million contract with Miguel Cabrera. That had me scratching my head. I guess some GMs are going to have to learn about the post-steroid era the hard way. They're going to be in the same boat as the Yankees, having to pay a non-functional ARod for several years. My concern is that these idiots are going to price smarter teams right out of the superstar market. Why wouldn't a superstar go play for an idiot like this? If Machado or Gausman or Bundy live up to their potential, the Orioles will lose them this way. |
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Post by Deleted on Mar 28, 2014 23:46:53 GMT -5
That didn't take long.
The Angels have signed Mike Trout to a record (in terms of age and service time) six-year deal reported to be worth $144.5 million.
That's an obscene amount of money for a guy with two years experience, but it makes more sense to give it to a 22-year-old with tremendous upside. The deal buys out Trout's arbitration years and defers his right to walk for three more. The Angels are said to have wanted a seventh year, but Trout declined, preferring instead to potentially test the free-agent waters at age 29. Good thinking. If the Pujols, Cano and Cabrera contracts are bellwethers, someone will be foolish enough to give him 10 years and half a billion or so.
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