MLB 2022

Bodhitree said:
Bogaerts to the Padres for 280m over 11 years is another big contract.
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I'm surprised that the Padres have any money on the bank. They like the dodgers have been on such a spending spree, these past few years.

I'm disappointed that the red sox didn't really seem vocal about keeping him. They could have locked him up in a long term contract but didn't
 
maflynn said:
Yes
Play stupid games, win stupid prizes.

Before the season they had a chance to wrap him up in contract, but low balled him, and he had a once in a lifetime season. It cost the yankees dearly, especially since SF was wanting him. Maybe they though there was no one else wanting to pay him the money and so they tried to short change him, but that gamble failed
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Well if the courtship between Judge and the Giants cost the Yankees even more money... That's a "W" for the Giants before the season even starts... and the AL East too...
 
The Padres, officially hogging all the shortstops, sign Xander Bogaerts to an 11 year, $280M deal.
 
From boston.com

According to Speier, the Red Sox’ final offer was a six-year deal worth “roughly $160 [million],” which placed the average annual value of the contract at a higher level ($27 million) than what the Padres offered ($25.5 million). The difference was the extra five years in the deal, almost double what Boston put forward.
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So while the contract is higher per year, the padres offered a very long time, which given Bogaerts age is a bit crazy to offer but hey its their money.
 
Is Bogaerts really, worth an 11 year contract? I could be wrong, but father time is approaching and he may have 5 more years of being on top of his game and then slide in production will start - maybe sooner, maybe later but to offer him that much time and money is crazy.

I can understand the long contract for Aaron Judge, because his talent level and what he means to the Yankees, but the problem exists for him as well, but the difference is that the Yankees did all they could keep him in pin stripes, where as the padres are throwing money at anyone who can possibly help them get over the hump, even if it means cornering the market on shortstops.
 
maflynn said:
Is Bogaerts really, worth an 11 year contract? I could be wrong, but father time is approaching and he may have 5 more years of being on top of his game and then slide in production will start - maybe sooner, maybe later but to offer him that much time and money is crazy.

I can understand the long contract for Aaron Judge, because his talent level and what he means to the Yankees, but the problem exists for him as well, but the difference is that the Yankees did all they could keep him in pin stripes, where as the padres are throwing money at anyone who can possibly help them get over the hump, even if it means cornering the market on shortstops.
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I think the same thing for Judge too. He won't be hitting 40-50 when he's 40. Both teams will be paying them a good number of years when they aren't worth it.
 
If you're going to hand out a 13 year contract to someone, might as well be the 28 year old who plays a premium defensive position.

With the Giants having recently signed Ross Stripling and Sean Mane, surely they're out on Carlos Rodon, right? ...Right?
 
rhett7660 said:
Wowzers... 13 year contract deal. That is a loooooooong time. While I am not a SF fan, I am assuming this is a good thing and this person is worth it. I thought 10 or 11 years was a long time for a contract.
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That's the state of the market these days, crazy as it is. At least Correa is only 28 years old — Trea Turner, Aaron Judge, Xander Bogaerts, et. al., are all at least two years older.
 
rhett7660 said:
Wowzers... 13 year contract deal. That is a loooooooong time. While I am not a SF fan, I am assuming this is a good thing and this person is worth it. I thought 10 or 11 years was a long time for a contract.
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Silencio said:
That's the state of the market these days, crazy as it is.
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The owners need to put a stop to this. I know the MLBPA has way more power than any other league's players, but the owners need to be willing to lock them out until they can get this under control. The NBA has contract lengths of 5 years, the NHL has 7/8 and while the NFL technically has no contract length, their contracts (Watson is a rare exception) are not fully guaranteed.

Seven years should be the max.
 
There have been worse deals..

www.nbcsports.com

monumental sports network

www.nbcsports.com www.nbcsports.com



Bonilla and agent Dennis Gilbert worked out the contract addendum with the Mets after he was released in 2000. Instead of paying out the $5.9 million still owed to him following the 1999 season, the team agreed to pay Bonilla $1.19 million every July 1 from 2011 through 2035, when he will be 72 years old.
 
pachyderm said:
There have been worse deals..

www.nbcsports.com

monumental sports network

www.nbcsports.com www.nbcsports.com



Bonilla and agent Dennis Gilbert worked out the contract addendum with the Mets after he was released in 2000. Instead of paying out the $5.9 million still owed to him following the 1999 season, the team agreed to pay Bonilla $1.19 million every July 1 from 2011 through 2035, when he will be 72 years old.
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It boggles the mind how the Mets thought that even made sense. It's like taking Bonilla out on a credit card and just paying the minimum.
 
pachyderm said:
There have been worse deals..

Bonilla and agent Dennis Gilbert worked out the contract addendum with the Mets after he was released in 2000. Instead of paying out the $5.9 million still owed to him following the 1999 season, the team agreed to pay Bonilla $1.19 million every July 1 from 2011 through 2035, when he will be 72 years old.
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Rafterman said:
It boggles the mind how the Mets thought that even made sense. It's like taking Bonilla out on a credit card and just paying the minimum.
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I would have taken that deal. Think about it. Based on the Rule of 120 (Same as the Rule of 72 except to triple your money), had the Met's been able to earn 10% on that $5.9 (not a stretch for very wealthy to earn that rate), by the time the payout started they would have $17.7M.

So still assuming a 10% return, that $17.7M would not only pay the required payment of $1.19M, it would provide free cash flows of $580K.

Like I said, I would have taken that deal.
 
Herdfan said:
The owners need to put a stop to this. I know the MLBPA has way more power than any other league's players, but the owners need to be willing to lock them out until they can get this under control. The NBA has contract lengths of 5 years, the NHL has 7/8 and while the NFL technically has no contract length, their contracts (Watson is a rare exception) are not fully guaranteed.

Seven years should be the max.
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The owners are the ones signing off on these deals. Clearly they must be optimistic about their revenue streams going forward to hand out these contracts. They don't need to be saved from themselves, IMHO, though they should be allowed to fail if they get themselves in trouble.

Also, the length of the contract helps minimize the luxury tax hit in any given year, so it's actually smarter business for them given the current system.

NFL players are the ones who get a raw deal, getting non-guaranteed contracts in a sport where devastating injuries are more commonplace.
 
Herdfan said:
the owners need to be willing to lock them out until they can get this under control.
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Why?

I believe the line of thinking is that it will be cheaper to give a player one contract for 10+ years, then two contracts where the second 5+ year contract will be that much more expensive for the owners. Think about it this way - look how fast contracts of increased in the last 5 years. Take Acuna who signed an 8 year contract with the braves, he's averaging 12.5 million a year. Bogearts contract has him getting about 25.5 million a year. So you see the owners locked up Acuna for an extended time for what quickly became a very team friendly deal.

Finally, I have zero empathy for multi-billionaire owners over spending and giving contracts that many deem too long. If someone playing a kid's game can make millions and be locked up for the team for a decade - more power to him.

I do long for the days where players start and finish their careers with one team. Judge is set to do that, and I think for the sake of MLB that's a good move.
 
maflynn said:
I do long for the days where players start and finish their careers with one team. Judge is set to do that, and I think for the sake of MLB that's a good move.
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Agreed. That's one of the things this Cardinals fan is grateful for, that the front office did what they had to on order to keep Yadier Molina until he retired.
 
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