Be more concerned with your character than your reputation, because your character is what you really are, while your reputation is merely what others think you are .
You know what, after thinking about it, no they aren't. Basically because the amount of risk and pressure your putting on that player. If they got over 100 million for 5 years, your team's 1 pitch or 1 play away from loosing 100 million. If your the Yankees, of course you can hand out 100 million dollar contracts, but if your a team like the Royals, Rays, Marlins, Brewers etc, all the small market teams, you just simply can't hand that kind of money out. The Brewers never gave anyone over 100 million dollars in there franchise. CC would be the first one if he did sign. You know why? Just like I said, the amount of risk involved isn't worth it, use money on your younger players and work it that way. Giving out money is what the Yanks do, and not any other team.
There's really no insurance in baseball, it's all guranteed contracts for the most part.
actually this is incorrect. the mets for awhile would give no contract beyond 3 years because nobody would insure it. There is also a max dollar figure if I recall correctly. They've gone against that train of thought a bit in recent years, but I think there are definetly limits to what you can get insurance on.
and IMHO...for a hitter it's worth it. For a pitcher, too much risk of injury...but for a guy like Santana who's proven you gotta do it. Doesn't always work out, but in the end I'll roll the dice for the right guy. I disagree greatly with some of the grades given on these deals.
There is insurance...the contract is always guaranteed in that the player will always get the full amount (unless, of course, theres a clause in there that says otherwise, such as Magglio ordonez's contract which had a clause that would void the contract if he missed X time with a knee injury in the first two years of the deal)...but...in cases of injury, often times an insurance company will pay out the rest of the contract to the player (or a portion of it), saving the team money.
yes, two different things. the contracts are guarenteed but the teams do get insurance against their liabilities. However, as I mentioned I know i've heard there are limits and risks no insurer will take, and I've heard that deals longer than 3 years over a certain dollar value is one of them. The insurer may insure some of the risk up to a point, but not all.
Worst contract ever -- Barry Zito, Carl Pavano, or Mike Hampton?