This becomes even crazier when you realize that all other deferrals attached to active MLB contracts combined total $271.5M👀💰
November 28, 2024
This becomes even crazier when you realize that all other deferrals attached to active MLB contracts combined total $271.5M👀💰
35 comments
I don’t think MLB has to change anything. No other sport has gone this long without a back to back champion.
We need a floor so bad.
They can’t continue to be the only ones doing this!!!😭
How are deferred payments mutually beneficial for teams and players?
Do the deferments circumvent the luxury tax?
Who would have thought investing in your organization pays divideds.
I feel like IOUs shouldn’t be a thing. Makes the cap completely pointless
A lot of crying in here about a mechanism both the players union and owners agreed upon in writing.
Other teams can do this, other teams have way more money. Hard to beat the LA weather, lifestyle and absolutely silly roster
This is called circumventing the cap in other sports, which is not allowed
The Real Madrid of MLB, just playing FIFA
It’s the Bobby Bonilla effect. Soon la will be at the bottom as they will have no $ to rebuild. Sure they may win several championships but eventually players will get hurt , retire , leave, etc. then la stuck holding the bag
Can’t wait for Moneyball 2
All this means is in about a decade we will have to pay up huge for players who are retiring. They are set on a win now pay later approach. Who knows what we’ll look like in a decade when we have to pay up for all these guys who are in their late 30s or 40s. The owners might sell and run leaving us looking like the patriots of today.
Will Smith making almost as much as Freddie 👀
Remember the time not long ago when Bryce Harper rejected a lucrative contract from the Nationals primarily because of its deferrals?
I just started watching baseball last season for the first time after spending my life watching primarily the NBA so I don’t really understand how a team can do this?
So teams are only limited by their rich owners or is there a penalty for going over a cap? Do they just not care?
Shohei is a unicorn. He’s gonna make the Dodgers 3x what they’re gonna pay him. He’s costing them nothing.
People acting like LAD invented deferred payments. Griffey Jr, Chris Davis, etc are still getting paid by their prior teams.
Baseball is too wonderful of a sport to have a commissioner ruin it by allowing garbage like this. We need a new commissioner ASAP.
Dodgers trying to kill the mlb single-handedly by making a mockery of their dumb system.
My conspiracy theory:
They plan on selling before those deferrals come due…
Dodgers are smart. Dodgers play video game on Legendary & win. Dodgers have owners who don’t just take advantage of their teams fans & pocket all the $. They put it back into the Dodgers. 😛⚾
964 mil in deferrals, and people still make fun of the Mets for paying Bobby Bonilla 1 mil per year lol
Here’s the real deal on the big deferrals (e.g. Ohtani):
When it comes time to pay off (i.e., when player is done playing) player will be offered ownership interest in the team in lieu of cash.
Bam! (Suckas)
Cheaters, bought not earned. FTD
Booooooooooo
Dodger fans love this. Everyone else hates it.
It’s also why the NFL will always be king.
“Put it on my tab” organization
No one here seems to know how deferral payments work. Bunch of illiterates.
“Even though Ohtani will be paid just $2 million each season with the Dodgers, the competitive balance tax (CBT) penalties will be harsher. MLB calculated that his 10-year contract has a present-day value of roughly $460 million. So, for CBT purposes, the Dodgers’ payroll hit will be around $46 million each year for Ohtani through 2033.”
With the deferred contracts, what happens if that player is traded to a different team?
So what does this mean
That’s absolutely wild! 🤯 The fact that one contract alone makes up such a huge portion is mind-blowing. 💰👀 It really puts into perspective how unique some MLB deals are. Do you think this trend of massive deferrals is sustainable, or will it eventually backfire? 🤔⚾
Is there a world where the dodgers are bad in 8-10 years and they have a roster of about $400million-$500million?
As a “young” Yankees fan. How bad was prime “buy all the players” Yankees compared to this? Because I feel like this is egregious.
Just admit that you’re mad that the Dodgers won, doing something that teams have been doing for years.
You guys act like the Dodgers wrote the rulebook when really they just read it and figured out how to win.
The fans that argue themselves into higher and higher ticket and streaming package prices by pretending like rich people are athletic philanthropists continue to amaze me. You pay for these contracts, not the billionaires.
35 comments
I don’t think MLB has to change anything. No other sport has gone this long without a back to back champion.
We need a floor so bad.
They can’t continue to be the only ones doing this!!!😭
How are deferred payments mutually beneficial for teams and players?
Do the deferments circumvent the luxury tax?
Who would have thought investing in your organization pays divideds.
I feel like IOUs shouldn’t be a thing. Makes the cap completely pointless
A lot of crying in here about a mechanism both the players union and owners agreed upon in writing.
Other teams can do this, other teams have way more money. Hard to beat the LA weather, lifestyle and absolutely silly roster
This is called circumventing the cap in other sports, which is not allowed
The Real Madrid of MLB, just playing FIFA
It’s the Bobby Bonilla effect. Soon la will be at the bottom as they will have no $ to rebuild. Sure they may win several championships but eventually players will get hurt , retire , leave, etc. then la stuck holding the bag
Can’t wait for Moneyball 2
All this means is in about a decade we will have to pay up huge for players who are retiring. They are set on a win now pay later approach. Who knows what we’ll look like in a decade when we have to pay up for all these guys who are in their late 30s or 40s. The owners might sell and run leaving us looking like the patriots of today.
Will Smith making almost as much as Freddie 👀
Remember the time not long ago when Bryce Harper rejected a lucrative contract from the Nationals primarily because of its deferrals?
I just started watching baseball last season for the first time after spending my life watching primarily the NBA so I don’t really understand how a team can do this?
So teams are only limited by their rich owners or is there a penalty for going over a cap? Do they just not care?
Shohei is a unicorn. He’s gonna make the Dodgers 3x what they’re gonna pay him. He’s costing them nothing.
People acting like LAD invented deferred payments. Griffey Jr, Chris Davis, etc are still getting paid by their prior teams.
Baseball is too wonderful of a sport to have a commissioner ruin it by allowing garbage like this. We need a new commissioner ASAP.
Dodgers trying to kill the mlb single-handedly by making a mockery of their dumb system.
My conspiracy theory:
They plan on selling before those deferrals come due…
Dodgers are smart. Dodgers play video game on Legendary & win. Dodgers have owners who don’t just take advantage of their teams fans & pocket all the $. They put it back into the Dodgers. 😛⚾
964 mil in deferrals, and people still make fun of the Mets for paying Bobby Bonilla 1 mil per year lol
Here’s the real deal on the big deferrals (e.g. Ohtani):
When it comes time to pay off (i.e., when player is done playing) player will be offered ownership interest in the team in lieu of cash.
Bam! (Suckas)
Cheaters, bought not earned. FTD
Booooooooooo
Dodger fans love this. Everyone else hates it.
It’s also why the NFL will always be king.
“Put it on my tab” organization
No one here seems to know how deferral payments work. Bunch of illiterates.
“Even though Ohtani will be paid just $2 million each season with the Dodgers, the competitive balance tax (CBT) penalties will be harsher. MLB calculated that his 10-year contract has a present-day value of roughly $460 million. So, for CBT purposes, the Dodgers’ payroll hit will be around $46 million each year for Ohtani through 2033.”
With the deferred contracts, what happens if that player is traded to a different team?
So what does this mean
That’s absolutely wild! 🤯 The fact that one contract alone makes up such a huge portion is mind-blowing. 💰👀 It really puts into perspective how unique some MLB deals are. Do you think this trend of massive deferrals is sustainable, or will it eventually backfire? 🤔⚾
Is there a world where the dodgers are bad in 8-10 years and they have a roster of about $400million-$500million?
As a “young” Yankees fan. How bad was prime “buy all the players” Yankees compared to this? Because I feel like this is egregious.
Just admit that you’re mad that the Dodgers won, doing something that teams have been doing for years.
You guys act like the Dodgers wrote the rulebook when really they just read it and figured out how to win.
The fans that argue themselves into higher and higher ticket and streaming package prices by pretending like rich people are athletic philanthropists continue to amaze me. You pay for these contracts, not the billionaires.