What would a Betts extension be?

[sk7326]

It's laughable to suggest that baseball players must earn entire life's worth of living expenses during their baseball career. So what if Dustin has a bum knee. He can't do anything else to earn money?

 

They can go get a f***ing job like rest of us when they retire at 30!.

 

Not one bit. There is an insane amount of money in the baseball economy.

[notin]

Not one bit. There is an insane amount of money in the baseball economy.

 

Or any entertainment economy. Musicians, actors, TV stars.

 

But not mimes. If anyone has a gripe it’s the mimes.

 

But then, maybe they do and we just don’t hear it...

[Bellhorn04]

Or any entertainment economy. Musicians, actors, TV stars.

 

But not mimes. If anyone has a gripe it’s the mimes.

 

But then, maybe they do and we just don’t hear it...

 

Man, you're like Rodney Dangerfield tonight.

[sk7326]

Or any entertainment economy. Musicians, actors, TV stars.

 

But not mimes. If anyone has a gripe it’s the mimes.

 

But then, maybe they do and we just don’t hear it...

 

If they could ever escape that box they always seem trapped in ...

[notin]

If they could ever escape that box they always seem trapped in ...

 

 

Nice touch...

[notin]

Man, you're like Rodney Dangerfield tonight.

 

 

I do get no respect out here...

[Kimmi]

Probably the same with any of us and our respective real world jobs. Is there a price (and a quality of company) that could get me to relocate? Sure - but (fortunately for now) the price is high.

 

That's what I'm saying sk. There are reasons other than money to take (or keep) a certain job, yet most players go for the biggest contract.

[Kimmi]

Or any entertainment economy. Musicians, actors, TV stars.

 

But not mimes. If anyone has a gripe it’s the mimes.

 

But then, maybe they do and we just don’t hear it...

 

LOL

 

Some of the stuff you come up with.

[Bellhorn04]

That's what I'm saying sk. There are reasons other than money to take (or keep) a certain job, yet most players go for the biggest contract.

 

True, but for the average person it's a matter of thousands. For these people it's a matter of millions.

[Kimmi]

True, but for the average person it's a matter of thousands. For these people it's a matter of millions.

 

Yes, but it's all relative, isn't it?

 

I'm thinking $20,000 more a year probably means more to me than $3 mil a year (for 10 years) means to someone already making $220 mil.

[Bellhorn04]

Yes, but it's all relative, isn't it?

 

I'm thinking $20,000 more a year probably means more to me than $3 mil a year (for 10 years) means to someone already making $220 mil.

 

I just can't imagine what it feels like to think about giving up $3 mill a year. I am guessing part of what happens is that other people, including agent, family, friends get the player's ear and suggest they should take as much money as they can get.

 

One other thing I will say, and take it for what it's worth, but some folks who have made a lot of money in sports have gone on to blow a lot of it through bad investments, scams, gambling et cetera (Curt Schilling). Some have dreams of acquiring shares in sports franchises. Crazy as it seems, even these huge sums of money are not necessarily immune from being spent or lost.

[moonslav59]

I just can't imagine what it feels like to think about giving up $3 mill a year. I am guessing part of what happens is that other people, including agent, family, friends get the player's ear and suggest they should take as much money as they can get.

 

One other thing I will say, and take it for what it's worth, but some folks who have made a lot of money in sports have gone on to blow a lot of it through bad investments, scams, gambling et cetera (Curt Schilling). Some have dreams of acquiring shares in sports franchises. Crazy as it seems, even these huge sums of money are not necessarily immune from being spent or lost.

 

True.

 

Also, these stories of some big time players ending up broke might make wanting a few more million more appealing.

 

Many players who are getting these mega deals grew up thinking $1M is a lot of money and $2-3M is enough to retire in semi-luxury. Maybe, it's hard for them to just think $3M is not much when compared to $200-300M deals.

 

I don't blame any player for seeking the very most he can get.

 

[Kimmi]

I just can't imagine what it feels like to think about giving up $3 mill a year. I am guessing part of what happens is that other people, including agent, family, friends get the player's ear and suggest they should take as much money as they can get.

 

One other thing I will say, and take it for what it's worth, but some folks who have made a lot of money in sports have gone on to blow a lot of it through bad investments, scams, gambling et cetera (Curt Schilling). Some have dreams of acquiring shares in sports franchises. Crazy as it seems, even these huge sums of money are not necessarily immune from being spent or lost.

 

I am sure the union frowns upon players taking any kind of significant discount.

 

As far as those who have blown through millions of dollars, if someone can blow away $200 mil and end up broke, do you really think that extra $20 mil is going to be the difference?

[Bellhorn04]

I am sure the union frowns upon players taking any kind of significant discount.

 

As far as those who have blown through millions of dollars, if someone can blow away $200 mil and end up broke, do you really think that extra $20 mil is going to be the difference?

 

That's certainly a valid question.

[moonslav59]

I am sure the union frowns upon players taking any kind of significant discount.

 

As far as those who have blown through millions of dollars, if someone can blow away $200 mil and end up broke, do you really think that extra $20 mil is going to be the difference?

 

It really could be, if they just lost $200M on a bad investment, Having $20M left vs 0 is huge.

[Bellhorn04]

It really could be, if they just lost $200M on a bad investment, Having $20M left vs 0 is huge.

 

But Kimmi is right that the odds are that if someone has such bad judgment as to throw away 200 mill, they're probably going to throw away 220 mill if they had it.

[notin]

As much of a commitment as these massive contracts are, it might be worth noting that only 12 contracts in MLB history have exceeded $200mill, and four of those players (Stanton, ARod, Cano, Prince Fielder) were actually traded during these mega deals.

 

So historically any team signing Machado or Harper has a 1 in 3 chance of pawning that deal off on someone else at some point...

[S5Dewey]

As much of a commitment as these massive contracts are, it might be worth noting that only 12 contracts in MLB history have exceeded $200mill, and four of those players (Stanton, ARod, Cano, Prince Fielder) were actually traded during these mega deals.

 

 

...and in most situations it's because the team that signed them to the big contract couldn't find anyone else to take it on - so they were stuck with them.

[Bellhorn04]

As much of a commitment as these massive contracts are, it might be worth noting that only 12 contracts in MLB history have exceeded $200mill, and four of those players (Stanton, ARod, Cano, Prince Fielder) were actually traded during these mega deals.

 

So historically any team signing Machado or Harper has a 1 in 3 chance of pawning that deal off on someone else at some point...

 

Perhaps worth noting is that the Stanton contract was actually designed by Loria to be traded.

[Carpin]

Betts just agreed to a 20M contract for 2019

[jacksonianmarch]

$20 mil for second trip through arb. Wowza

[Bellhorn04]

$20 mil for second trip through arb. Wowza

 

Being MVP will do that.

[notin]

...and in most situations it's because the team that signed them to the big contract couldn't find anyone else to take it on - so they were stuck with them.

 

 

Actually most of them are still active and could be traded yet. I don’t expect Pujols or Cabrera to move, with the others? It’s still possible.

 

In fact, Alex Rodriguez is the only player to sign a $200mill+ contract and finish it with the same team...

[Bellhorn04]

Actually most of them are still active and could be traded yet. I don’t expect Pujols or Cabrera to move, with the others? It’s still possible.

 

In fact, Alex Rodriguez is the only player to sign a $200mill+ contract and finish it with the same team...

 

With Jeter just under the wire at a mere 189 mill.

[moonslav59]

But Kimmi is right that the odds are that if someone has such bad judgment as to throw away 200 mill, they're probably going to throw away 220 mill if they had it.

 

Sure seems to work that way, but how many stories are told, if true,of players losing a ton but still have $20M remaining. It's not a story, so it is never told.

[notin]

Perhaps worth noting is that the Stanton contract was actually designed by Loria to be traded.

 

By backloading it so whoever trades for him pays the bulk of the deal? Not exactly prime marketing...

[moonslav59]

By backloading it so whoever trades for him pays the bulk of the deal? Not exactly prime marketing...

 

Not in some senses, but the deal did allow them to keep him another year or two, and they did still get some return in trade had they had a competent GM.

[Bellhorn04]

By backloading it so whoever trades for him pays the bulk of the deal? Not exactly prime marketing...

 

As moon says, it enabled them to keep him for a few years. It was just about the only way they could.

[notin]

As moon says, it enabled them to keep him for a few years. It was just about the only way they could.

 

 

But it also makes him less desirable in a trade...

[Bellhorn04]

But it also makes him less desirable in a trade...

 

Sure. Can't have it both ways, right? They did manage to trade him and maybe should have gotten more back.