Pedroia out with renewed left knee pain

[dgalehouse]

You know we had a wink-wink deal with AGon, and announced it after the season started, so we could save taxes.

 

I'm not even talking "wink-wink" though. Would it really be outrageous for the Sox to sign Pedey to a $12M lifetime services deal? Or, to sign him to a 24 year $14M deal as a consultant? I could see them doing that without him retiring early. How can anyone prove that is circumventing the system, if Pedey chooses to retire a year early.

 

Nobody acted crazy when Dempster gave up his last year for nothing.

 

Look, I admit it probably won't work, but in all honesty, I wouldn't be surprised, if the Sox sign Pedey as a coach after he retires, anyways.

 

Nobody went crazy except for Dempster's wife .

[mvp 78]

Nobody went crazy except for Dempster's wife .

 

The only reason he did it. To either repair his relationship or just get back at her by screwing her out of money (as some have posited).

[jacksonianmarch]

What I’m saying is it cannot work. It goes against the CBA. You cannot convert a player from a salaried player to a salaried coach and wipe the money off the lux tax. It will not and cannot happen

[notin]

The only reason he did it. To either repair his relationship or just get back at her by screwing her out of money (as some have posited).

 

If he did do that, he wouldn’t be the first.

 

Ryne Sandberg temporally “retired” from baseball to screw his completely unfaithful wife out of money, taking all of 1995 off. Once his divorce was final, he returned to MLB...

[mvp 78]

If he did do that, he wouldn’t be the first.

 

Ryne Sandberg temporally “retired” from baseball to screw his completely unfaithful wife out of money, taking all of 1995 off. Once his divorce was final, he returned to MLB...

 

I'm sure he was completely faithful to her while on the road.

[Bellhorn04]

If he did do that, he wouldn’t be the first.

 

Ryne Sandberg temporally “retired” from baseball to screw his completely unfaithful wife out of money, taking all of 1995 off. Once his divorce was final, he returned to MLB...

 

Good stuff LOL. The battle between the sexes can be pretty damn entertaining at times...

[jad]

JH did force a rule change due to the Rusney Castillo fiasco.

 

Billionaires often look for ways to circumvent the rules without breaking rules or by getting away with breaking them.

 

The organization got caught cheating with International FAs.

 

The organization has done "wink-wink" deals with players like AGon.

 

It's not like there is no history of JH trying to save on paying taxes. Let's not pretend we have been squeaky clean.

 

Besides, my point is, we may try to do it. It may work- it may not, but first Pedey has to be on board with the idea.

 

My point is not that I am sure it will work. It may be a long shot. it may be impossible. I don't think it is a "scumbag" move as these taxes only go towards to fattening cheap owner's pockets anyways.

 

"Forcing a rule change" (RC is of course still in AAA and the RS are still paying his salary under the old rules) is completely different from "disregarding a rule that is in place and whose intent and implications are obvious to everyone."

[notin]

I'm sure he was completely faithful to her while on the road.

 

 

Maybe.

 

But reportedly she messed around with a few of his teammates and was allegedly the reason the Cubs traded Rafael Palmeiro....

[moonslav59]

What I’m saying is it cannot work. It goes against the CBA. You cannot convert a player from a salaried player to a salaried coach and wipe the money off the lux tax. It will not and cannot happen

 

Can you restructure it from 2 years to 30 at a slightly higher amount?

[moonslav59]

"Forcing a rule change" (RC is of course still in AAA and the RS are still paying his salary under the old rules) is completely different from "disregarding a rule that is in place and whose intent and implications are obvious to everyone."

 

I get that, but my point is that JH has shown he seeks ways to avoid paying taxes as all billionaires do.

 

At worst, we try to restructure his deal to lessen the tax hit and give Pedey his money spread out. If it doesn't work, fine. We tried.

 

I doubt we get fines for trying to restructure.

[Spudboy]

With the latest set back, Pedroia's story continues just to get worse and sadder. I think that at this time it is a legit discussion as to whether or not he could help us even if if he was able to come back and play. It is very sad but as much as we hear "You can't count him out" - "if anybody can do it, he can" - reality seems to be saying something different. I understand that we are going to keep paying him but even if he was able to make an appearance on the field, I'm not sure if he could really help us at this point. It was a wonderful run but personally I'm going to accept what is looking inevitable.

 

Yup. Great player that was wicked fun to watch. But no one comes back after Micro-Fracture Surgery. He is done.

 

Only his vanity and remaining salary keep him from retiring.

[notin]

Yup. Great player that was wicked fun to watch. But no one comes back after Micro-Fracture Surgery. He is done.

 

Only his vanity and remaining salary keep him from retiring.

 

 

And his gritty ignorance and refusal to quit...

[Spudboy]

what i’m saying is it cannot work. It goes against the cba. You cannot convert a player from a salaried player to a salaried coach and wipe the money off the lux tax. It will not and cannot happen

 

boom.

[cp176]

Yup. Great player that was wicked fun to watch. But no one comes back after Micro-Fracture Surgery. He is done.

 

Only his vanity and remaining salary keep him from retiring.

 

I agree

[cp176]

And his gritty ignorance and refusal to quit...

 

 

i know right but I admire him for it. I am sure that he will take the money owed him but he is just one tough little bastard. It is all about the love of the game with him. It is really sad when these types of things happen.

[Bellhorn04]

Can you restructure it from 2 years to 30 at a slightly higher amount?

 

If you were Pedroia, or any sane individual, would you agree to defer money you were due to receive over the next 2 years until the year 2048 or so?

 

You're really asking a lot of the guy in order to save his owner a bit of tax.

[Slasher9]

Can you restructure it from 2 years to 30 at a slightly higher amount?

 

you want to have a "bobby bonilla day" for the next 30 years? i dont. i'll take the hit for the next 2 seasons and be done with him.

[moonslav59]

If you were Pedroia, or any sane individual, would you agree to defer money you were due to receive over the next 2 years until the year 2048 or so?

 

You're really asking a lot of the guy in order to save his owner a bit of tax.

 

I'd rather get $30M over 30 years than 25M over 2, yes.

[Bellhorn04]

I'd rather get $30M over 30 years than 25M over 2, yes.

 

You would? That would be a seriously bad deal for you.

[notin]

I'd rather get $30M over 30 years than 25M over 2, yes.

 

 

Really? Bad move for multiple reasons.

 

Even a 2.35% interest rate on a $25,000,000 deposit would yield a balance of over $50,000,000 in 30 years...

[moonslav59]

You would? That would be a seriously bad deal for you.

 

Well, the way the multi-millionaire players often go broke so quickly, maybe it's not such a bad deal.

[moonslav59]

Really? Bad move for multiple reasons.

 

Even a 2.35% interest rate on a $25,000,000 deposit would yield a balance of over $50,000,000 in 30 years...

 

You don't get taxed on $25M?

[notin]

You don't get taxed on $25M?

 

You do even if you take it yearly...

[fxkatt]

Failed Royals right-hander Gil Meche walked away after the 2010 season "he felt it was unfair to collect $12 million when he simply could not play. Meche had already earned $52 million in his career, but the decision was either generous, foolish, stupid, ethical, or moral." (McNair, Fansided) No such luck with Pedroia.

 

Probably already discussed several times over, but can he DH for a year or two?? Or play left field?

[Swiharts Ghost]

I get that, but my point is that JH has shown he seeks ways to avoid paying taxes as all billionaires do.

 

At worst, we try to restructure his deal to lessen the tax hit and give Pedey his money spread out. If it doesn't work, fine. We tried.

 

I doubt we get fines for trying to restructure.

 

Honestly as a small Buisiness owner myself it would be irresponsible for John and Dave not to try every loop hole afforded to them .The CBA is not iron clad it's not a shady situation if all parties agree on this action .The CBA is meant to protect the player .I would argue we have done everything humanly possible for Pedey and this will never be an under pay .I do see this as a likely scenario and welcome a brilliant baseball mind into the fold for the future .Sounds to me like we have some very good financial advisors here !!! Pedey needs to sock that money away immediately no doubt.

Edited May 14, 2019 by Swiharts Ghost

[mvp 78]

Love to hear hitting coach Pedroia yell “it’s not me, it’s them”.

[Bellhorn04]

Honestly as a small Buisiness owner myself it would be irresponsible for John and Dave not to try every loop hole afforded to them .The CBA is not iron clad it's not a shady situation if all parties agree on this action .The CBA is meant to protect the player .I would argue we have done everything humanly possible for Pedey and this will never be an under pay .I do see this as a likely scenario and welcome a brilliant baseball mind into the fold for the future .

 

The Castillo thing was a loophole. This would not be a loophole.

[Swiharts Ghost]

The Castillo thing was a loophole. This would not be a loophole.

 

Loophole or agreement by all parties .I personally think of Pedey as a player coach already .Maybe I want the guy as my infield coach more than I can convey .maybe I think Pedey could help Devers and Chavis so much as a Coach we could repeat ? Or maybe I'm just full of s*** .Thats how I'd play it if I'm John and Dave .i happen to want Pedey in this capacity regardless

[moonslav59]

You do even if you take it yearly...

 

Yes, but maybe not at the same rate, but my point was that earning $25M in 2 years does not mean you get to invest the whole $25M.

 

I get how interest compounds, even if $15M not $25M, but there are advantages to taking a fixed annuity.

[Slasher9]

Love to hear hitting coach Pedroia yell “it’s not me, it’s them”.

Lol. Well played.