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and if your heart is truly of team first belief (which I think more players need to think like this) then you could still sign for a base pay of that 5-8 million, and ask for incentives that could get you up to 20 million if you earn it and help the team be competitive all year.Quote:
Originally Posted by Jayeburgh
I've never seen an player who files for arbitration take a pay cut. Jody Gerut somehow got a raise! as did Ricky Weeks and he missed most of the season!!
agreeQuote:
Originally Posted by MichelleWie
and I think union rules say they have to get at least 80 percent of their previous salary
There is a rule that an arbitration player can't have his salary cut by more than 20% or so. Generally, most players receive raises. In cases like Rickie Weeks, you're not paying him for what he did in 2009. You're paying him for what he will do in 2010, so other than factoring the health risk, that he missed most of the season shouldn't matter. It should be based on what you expect him to do in the future.Quote:
Originally Posted by MichelleWie
Quote:
Originally Posted by Jayeburgh
It is rare... but not unheard of.Quote:
Originally Posted by Jeffy25
Arroyo took a discount to sign long term with Boston then was traded after that year
Jones did something SORT of like that in his last contract
Basicly made his options guarenteed at 11 million instead of a 17 and 15 mill contract saving the team 6 mill in 06 and 4 mill in 07 and 4 in 08Quote:
3 years/$37M (2006-08), plus 2009 option
signed re-worked extension with Atlanta 11/05, replacing options and final guaranteed year of previous deal
$4M signing bonus (due 1/06)
06:$11M, 07:$11M, 08:$11M, 09:$8M-$11M vesting option
value of 2009 option based on performance and award bonuses (vested at $11M)
6 years/$90M (2001-06), plus 2007 & 2008 club options
signed extension with Atlanta 8/00
$8M signing bonus
01:$9M, 02:$10M, 03:$12M, 04:$14M, 05:$15M, 06:$17M, 07:$15M club option ($5M buyout) (vests with 450 PAs or All-Star selection in 06), 08:$15M club option ($5M buyout) (vests with 450 PAs or All-Star selection in 07)
$5M bonus if both 2007 & 2008 options vested
$4M deferred at 0% interest ($2M in 05, $2M in 06), reducing present value at time of signing (8/00) to $89.005M
BUT it works in his favor also, because he now know he is getting the $$$
BTW I always use him because I knew about him... i am sure there are others who have done the same/similar.
Randy johnson did something a few years ago with Arizone to give them more $$$ the year they won. (crippled the team tho as a few players did that)
I know McGwire did it too. But I don't know in what capacity.Quote:
Originally Posted by TheNamelessPoet
Personally, I would want to defer some of my money.
Why? Is it just that you don't trust yourself to not waste/lose it - or is there another reason?Quote:
Originally Posted by Jeffy25
It's a secret.Quote:
Originally Posted by kenny1234
I like to guarantee income throughout my lifetime. Have an extra million a year through my 40's will be a nice pleasant income to get then. It may not have made cash over through interest, but it pretty well make sure I am set for life. Regardless of how I spend it.Quote:
Originally Posted by kenny1234
needs to be able to have drugs later in life :pQuote:
Originally Posted by 200tang
only if compounded with interest... 1 mill in 20 yeras will not be of equal value in 20 yearsQuote:
Originally Posted by Jeffy25
oh def not, especially if you consider 3.5 percent inflation per year.Quote:
Originally Posted by TheNamelessPoet
and if you can earn interest, obviously opportunity lost. But if you can be on a winning team, that helps your value, and it guarantees you money later in life. God knows what could happen between then and now. There are investment accounts, sure, but I would like to live life knowing that there is more cash coming later.
Hell even if you defer just 5 percent of your income, that's 5 percent more money in life that you couldn't have blown.
Who voted for the Giants?
Hell no- Metsguy you're crazyQuote:
Originally Posted by metsguy234
The only way I can see it going the Giants way is perhaps if they somehow convince the arbitrators that the economy is in the shithole even for top-tier pitching talent. Even then . . . I don't see it happening . . .