Japanese guy signed by Red Sox

Quote:

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Originally Posted by HoustonGM

Usually, to get money up front, I believe.


I don't believe it does.

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True, but (assuming the bonus are handle like they are in the NFL) the signing bonus can be paid in any manner the party agrees to.

But why not just state he make 2.2M this year and 1/2m the next too

And if they dont affect the Lux Tax whats to keep a team from signing a player to a 1 year deal for the league min and an 10m dollar singing bonus ..

not saying anyone should know, but it just seems an odd form of semantics.

Quote:

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Originally Posted by gRYFYN1

True, but (assuming the bonus are handle like they are in the NFL) the signing bonus can be paid in any manner the party agrees to.

But why not just state he make 2.2M this year and 1/2m the next too

And if they dont affect the Lux Tax whats to keep a team from signing a player to a 1 year deal for the league min and an 10m dollar singing bonus ..

not saying anyone should know, but it just seems an odd form of semantics.

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Signing bonuses in every leageu are paid in full as soon as the contract is signed. Works the same in the NFL...the player is immediately handed a cheque for the full amount of the bonus. The TEAM is allowed to pro-rate it over the length of the contract to spread out the cap hit, but the player gets it all in one lump payment.

Quote:

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Hiroki Kuroda rhp
3 years/$35.3M (2008-10)
signed as a free agent from Japan 12/15/07
$7.3M signing bonus (paid between 3/2008 and 3/2010)
08:$5M, 09:$10M, 10:$13M
no-trade protection
Kuroda may become a free agent after contract expires
perks: $30,000 moving allowance, visa fees paid by club, personal trainer, interpreter, interpreter for family, English lessons, 8 round-trip first class airline tickets between Japan, LA each season
Kuroda to donate $0.1M to club charity
Hiroshima of Japanese Central League, 1997-2007
agent: Steve Hilliard, Octagon
ML service: 0.000

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From http://mlbcontracts.blogspot.com/200...s-dodgers.html