Darvish for 6/$60M+$10M in incentives
A bit less than I expected. This seems like it leaves them a lot of flexibility to pursue Hamilton or Prince. Could be an absolute steal on the contract alone, but including posting fee it is, of course, a bit pricey.
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And yet we still have the best pitcher in the AL West.
Suck it, Texas.
by Cascadian Man on Jan 18, 2012 2:37 PM PST reply actions 22 recs
So the amount they pay ends up being 6 years for about $110m after posting fee?
That sounds like a rip off.
Thats about $19m per season, pretty expensive for someone who hasnt pitched in mlb before.
Im just glad that this brings us one step closer to ending the fielder mess.
by briwas101 on Jan 18, 2012 2:41 PM PST via mobile reply actions
Most of that 51.7M would more than likely be a tax write off.
and only 56 is guaranteed. 6/56+ incentives.
I live to play the devil's advocate.
by AfterSchoolSpecial on Jan 18, 2012 2:57 PM PST up reply actions
Why would a posting fee be treated any differently than salary from a tax perspective.
Any accountants out there?
Not an accountant,
But all ordinary and necessary business expenses are above-the-line tax write-offs. Both player salary and the acquisition posting fee would almost certainly qualify.
I'm too important to this team. Big Stein can't be flopping and twitching.
Thats almost 20 million a year. (Counting the posting)
I am fine with this.
Honestly, the Rangers getting Darvish annoys me a lot more than the Angels moves.
Depending on how they handle the posting fee, this could be an absolute steal.
by wetzelcoal on Jan 18, 2012 2:59 PM PST reply actions 1 recs
Commencing counter-attack
#Mariners sign former #Mets starter Oliver Perez, 30, to Minor League deal w/camp invite. On comeback from AA ball last year.
by ThundaPC on Jan 18, 2012 3:40 PM PST reply actions 2 recs
Most likely yes
The mariners have not been dishonest about payroll. Payroll has been tied to revenue and profit for quite some time now.
Supposedly the Ms lost money (numbers can show whatever you want them to) and so it should not be a surprise if payroll has been cut.
Maybe the Ms were willing to raise payroll to acquire Fielder but that would be part of a much bigger plan to turn franchise around (though I wouldnt like the move). Maybe they dont want to raise payroll just to add an extra win or 2 without gaining star power
by briwas101 on Jan 18, 2012 6:06 PM PST via mobile up reply actions
Maybe they're looking at the potential free agents for 2013
And like those options better than what’s out there right now.
Thats what im hoping
Ive always felt that big FAs shouldnt be added until you have most positions taken care of by guys on their rookie contract or vets who still earn their salary. That way you arent trying to buy a team, youre growing the team. You also know exactly what positions arent going to be filled adequately by guys on the farm.
Next year’s FAs may not be as flashy as pujols and fielder, but if we can improve 3 positions at reasonable prices that would be a huge offseason. Im hoping theyre saving $ for next year
by briwas101 on Jan 18, 2012 10:55 PM PST via mobile up reply actions
In 2004 he was great.
He was decent in 2007 too. The rest… oh dear….
Well, except for this from his B-R page:
It may be Perez is no symphony, but rather Stravinsky’s Rite of Spring.
by JY on Jan 18, 2012 3:48 PM PST up reply actions
I look forward to Ichiro facing Darvish with the zeal of a challenger
and hope that Yu will arouse the fire that’s dormant in the innermost recesses of Ichiro’s soul.
That was roughly what Ichiro said when he was set to face Daisuke Matsuzaka in Boston.
by JY on Jan 18, 2012 4:06 PM PST up reply actions
Actually exactly what he said, with a couple pronoun switches, to be pedantic.
Google, Wikipedia and email = my outboard brain. Who needs to remember things anymore?
Not gonna lie, I really wanted Darvish
I wish our Japanese owner was more homo for Darvish too :(
It's not at $20m per year, the posting fee is a one time thing.
by Cascadian Man on Jan 18, 2012 7:45 PM PST up reply actions
And that might be a 1-up
Paid out of that supposedly separate magic bag of money reserved for international signings (which doesn’t have as much utility under the new CBA as it used to). Especially for the biggest NPB rockstar since Ichiro, there might have been a lot of extra cash. Just not as much as the Rangers bid, apparently.
Salary is not the word I shouldve used
But theres no magical international fund for players. The rangers have to pay out over $50m in american dollars to the japanese club he played for. Thats not a magical $50m that costs less than $50m. Any owner can choose to dig into their pockets to sign a player, it doesnt make it a "fund" it just means they are spending more money on players.
Darvish doesnt get the posting and thats why I never shouldve said salary, but the rangers are paying out over $110m to have darvish play 6 seasons. That does average out to around $19 m and can go up to $20m.
Mlb probably doesnt count the posting fee towards payroll, so I doubt that counts towards the luxury tax threshold. They may even cut teams a break for all or part of the salary of the international player. But the only savings would be from luxury tax and that only applies to teams that pay the luxury tax.
As far as the $110m, that is still 100% cash money leaving the texas rangers. Theres no getting around it. It is a normal business expense but it is a $110m+ business expense for 6 seasons of darvish
by briwas101 on Jan 18, 2012 11:12 PM PST via mobile up reply actions
Oops, I guess I didnt even say salary
So yeah, you can either look at it as $19m per season that the rangers pay out or you can look at it as $60m for the first season (posting + salary) and $10m for each season after that for 5 seasons
by briwas101 on Jan 18, 2012 11:17 PM PST via mobile up reply actions
It's not exactly equivalent, however
Because the posting fee is paid up front, it makes this essentially a very front-loaded contract. Which is unlike almost every other contract in baseball, which are either constant $ per year or backloaded — sometimes heavily so. Backloaded contracts can make for a very untradable player, because even as he is (potentially) getting worse he’s also getting more expensive, and no team wants to take that off your hands. Four years from now, if Texas decides they want to move Darvish for some package, their potential trade partners won’t be looking at taking on a $19M player, they’ll be taking on a $10M player. That’s a huge difference.
Ever heard of finance?
A bank can lend you $50M now if you want to pay it off yearly for 5-6 years, for a small price.
The trading argument is legit though.
The trading argument was the only argument I was making
And uh, yeah, I’ve heard of finance. I have a mortgage
But a lot of contracts in baseball are like balloon mortgages, where you’re not paying very much up front and then a few years later you suddenly have these huge bills. And if your asset has depreciated in the meantime… well, that was a problem with a lot houses a couple of years ago and it’s a problem with some old baseball players today. (Case in point: just scroll up to the upper-left of his page. Sexson’s salary was $5M the year he signed with the M’s and $15.5M three years later when the M’s couldn’t give him away.)
Yes
Without knowing how the two pitchers will perform in the states, iwakuma is definitely a better value.
Iwakuma barely has to do anything to earn his piddly salary, but darvish has to be a true ace to justify an avg cost of $19m.
The Ms are quietly making better deals than their alw counterparts
by briwas101 on Jan 18, 2012 11:22 PM PST via mobile up reply actions
Im trying to look at the glass as half full
But yes, I fully expect the other teams’ additions to have a bigger impact than the Ms’ additions. However, our moves have been geared more towards the future and its looking brighter every day.
by briwas101 on Jan 19, 2012 7:32 AM PST via mobile up reply actions
First people on LL want no homo, now they want homo
Make up your minds already
by Robert on Jan 18, 2012 7:10 PM PST up reply actions 4 recs
It's not homo...
when it’s in a three way.
--------------------------------
Just North of Wrigley Field
by jameslcrockett on Jan 19, 2012 10:55 AM PST up reply actions
Gosh, it would be really funny if Iwakuma has a better season than Darvish
Anyway, $60m would be a great price, but that posting fee ruined it all.
This seems like a really great deal for the Rangers, even including the posting fee.
Mariners fan in SF :: @Eric_Dykstra
I had a big post going that essentially said "I'm not sure that I agree but it may turn out that you are right", until my browser decided that I wanted to look at a different page.
Suffice it to say that I think it’s way too early to say whether this is a good or bad deal for the Rangers.
And if you look at their upfront payment of the posting fee, it's not even close.
The idiot formerly known as pkyankeefan! Now in Technicolour!
by Hasan Paliwala on Jan 19, 2012 12:44 AM PST up reply actions
Is it set in stone that he'll not be good enough to make his contract a value for Texas?
While I realize that it’s unlikely, it’s also unlikely that he sucks a prune, which, since it’s Texas, is what I would love to see.
At the $19m price tag
He could be an all-star and still not be worth it.
Its not impossible that darvish turns out to be a good value, but theres a million things I would place a bet on before that.
by briwas101 on Jan 19, 2012 10:37 AM PST via mobile up reply actions
Are you saying that Felix isn't worth what the M's are paying him?
I’m not saying that Darvish is going to achieve that level but I do think that it’s a possibility, and as such, would be an equivalent contract. How, in that situation does it make Yu’s contract a bad deal?
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