Devers signs 11 year $331 million extension

[moonslav59]

Well, this gives us about an extra 12 mill to play with this year. 12 mill over 10 years = 1.2 mill per year.

 

Seems to me this is better.

 

Only if we spend it or spend enough where it would have put us under, instead of over.

 

If this is the wasted year many seem to already be thinking it will be, then why spend, now? Every little bit might help for the ten years starting in 2024.

 

Who knows?

[Hugh2]

Well, this gives us about an extra 12 mill to play with this year. 12 mill over 10 years = 1.2 mill per year.

 

Seems to me this is better.

 

Or about an Elvis Andrus, which we need right now

[Bellhorn04]

Only if we spend it or spend enough where it would have put us under, instead of over.

 

If this is the wasted year many seem to already be thinking it will be, then why spend, now? Every little bit might help for the ten years starting in 2024.

 

Who knows?

 

The team doesn't seem to be writing off 2023. I think we'll see more spending but they'll stay under the limit.

[Bellhorn04]

Or about an Elvis Andrus, which we need right now

 

Badly.

[notin]

Are you going to pay more money for Soto’s contract also?

 

Yes and it would be well spent.

 

But we both know such an opportunity will never arise. So my biggest hope is the Padres cannot extend Soto. Rafaela, Mayer, Mata, etc all work out. And the Sox swoop in and sign Juan in two years.

 

Bit of a long term hope, but if there is one player worth locking up for 10-15 years, it’s Soto..

[notin]

Or about an Elvis Andrus, which we need right now

 

I’ll predict a trade for Paul DeJong and his $9mill salary, which Bloom will use an an opportunity to poach a prospect from St. Louis. No predictions on the quality of the prospect…

[Old Red]

Yes and it would be well spent.

 

But we both know such an opportunity will never arise. So my biggest hope is the Padres cannot extend Soto. Rafaela, Mayer, Mata, etc all work out. And the Sox swoop in and sign Juan in two years.

 

Bit of a long term hope, but if there is one player worth locking up for 10-15 years, it’s Soto..

I’ll pass on Soto for that big, and long a contract.

[Jasonbay44]

I’ll predict a trade for Paul DeJong and his $9mill salary, which Bloom will use an an opportunity to poach a prospect from St. Louis. No predictions on the quality of the prospect…

 

I like this idea. We aren’t going anywhere anyway and might as well use the extra money for a prospect, even if it’s a dart throw

[Jasonbay44]

I’ll pass on Soto for that big, and long a contract.

 

As risky as signing someone for that big and long of a contract is, Soto is one guy I’d do it for.

[moonslav59]

As risky as signing someone for that big and long of a contract is, Soto is one guy I’d do it for.

 

Agreed, but there has to be an upper limit where the percentage of the total player budget just gets too high to be able to support a good enough 39 other players to remain competitive. Of course, a strong farm that is continuously injecting new talent onto the roster helps, a lot.

[mvp 78]

Well, this gives us about an extra 12 mill to play with this year. 12 mill over 10 years = 1.2 mill per year.

 

Seems to me this is better.

 

Resetting in a throwaway year.

[mvp 78]

The Devers contract details were finally announced. The tax hit begins in 2024, which seems strange to me, unless we plan on spending $20-21M more, this season.

 

https://www.mlbtraderumors.com/2023/01/rafael-devers-extension-goes-into-effect-in-2024-for-luxury-tax-purposes.html

 

There are deferrals included, so the "tax hit" after 2023 will be about $29+M not $31+M, as previously thought.

 

The signing bonus part, again, looks confusing, since it appears he gets that, now, but it doesn't count on this year's tax line. Go figure. Here is the MLBTR quote"

 

Devers receives a $20MM signing bonus, followed by his established $17.5MM salary in 2023. He receives salaries of $27.5MM annually from 2024-26, $31MM per year from 2027-30 and $29MM salaries between 2031-33.

 

You should have just listened to Bellhorn last week.

[moonslav59]

You should have just listened to Bellhorn last week.

 

I always listen to Bellhorn. More than even you!

[Jasonbay44]

Agreed, but there has to be an upper limit where the percentage of the total player budget just gets too high to be able to support a good enough 39 other players to remain competitive. Of course, a strong farm that is continuously injecting new talent onto the roster helps, a lot.

Sure, but to get a talent like Soto, who pretty much the entire league is going to be competing for, it’s going to require a lot of money to acquire him. He has a swing/baseball eye that shouldn’t decline anytime soon. Dude is hall of fame talent hitter and an automated strike zone would actually benefit him with how good his knowledge of the zone is and we may see that change sooner rather than later

[moonslav59]

Sure, but to get a talent like Soto, who pretty much the entire league is going to be competing for, it’s going to require a lot of money to acquire him. He has a swing/baseball eye that shouldn’t decline anytime soon. Dude is hall of fame talent hitter and an automated strike zone would actually benefit him with how good his knowledge of the zone is and we may see that change sooner rather than later

 

I'm not against the idea. I was pretty much on an island when I suggested I'd go as high as $400M/14 for Betts. Now, that seems like an underpayment for someone like him.

 

I'm just saying, a team runs the risk of becoming like the Angels, if you can't or won't pay for a supporting cast or build a strong enough farm to create a strong surrounding group of teammates.

[Jasonbay44]

I'm not against the idea. I was pretty much on an island when I suggested I'd go as high as $400M/14 for Betts. Now, that seems like an underpayment for someone like him.

 

I'm just saying, a team runs the risk of becoming like the Angels, if you can't or won't pay for a supporting cast or build a strong enough farm to create a strong surrounding group of teammates.

I’d like to think this team isn’t as incompetent as the Angels. The Angels couldn’t build a team around Trout, even when he was on a rookie contract. Trout has as many MVPs as he does playoff games played in.

[moonslav59]

I’d like to think this team isn’t as incompetent as the Angels. The Angels couldn’t build a team around Trout, even when he was on a rookie contract. Trout has as many MVPs as he does playoff games played in.

 

It starts with the farm. It's not worth spending so big on players, unless you are pretty sure you can fill many slots on your roster with capable players at a low cost. That is much easier to do with a strong farm than by having a GM who is a genius at finding stars at $3-7M/1 yr contracts.

[mvp 78]

I always listen to Bellhorn. More than even you!

 

That's only because he doesn't listen to me enough!

[Jasonbay44]

It starts with the farm. It's not worth spending so big on players, unless you are pretty sure you can fill many slots on your roster with capable players at a low cost. That is much easier to do with a strong farm than by having a GM who is a genius at finding stars at $3-7M/1 yr contracts.

 

I don’t disagree, but Angels have been pretty inept all together. They’ve drafted almost all busts and made some horrible signings. They have arguably the two best players in the league and can’t even sniff playoffs.

[moonslav59]

I don’t disagree, but Angels have been pretty inept all together. They’ve drafted almost all busts and made some horrible signings. They have arguably the two best players in the league and can’t even sniff playoffs.

 

Our supporting signings don't look all that great, either, and I'm talking going back to CC, Pablo, HRam, Price and then the Sale extension.

 

Our farm additions all but dried up after Devers in 2017, which led to the point where they all reached free agency within a few short years, and we had no Michael Tuckers and Jeremy Penas to take their places.

 

I don't think we are disagreeing, here, and we both know, we'll need farm help and better supporting signings and trades than we have been getting to make a Soto signing worthwhile.

[moonslav59]

That's only because he doesn't listen to me enough!

 

Bell hears all.

[mvp 78]

Bell hears all.

 

Hearing and listening are two different things bucko.

[moonslav59]

Hearing and listening are two different things bucko.

 

I hear ya.

[Old Red]

I didn’t watch the Raffy press conference yesterday, but I heard it was quite the dog, and pony show with lots of back slapping going on with each other, and self too. Even Tom Werner showed up. No JH, and I’m guessing he is still unhappy he had to shell out a lot more money than he wanted to, or had to, because of not locking Raffy up a year, or two earlier.

[TylerD]

Also, I didn’t know MLB had signing bonuses. I thought that was just an NFL thing.

 

I don't think they are near as common as the NFL... It seems almost every QB now days that signs a big contract has a signing bonus with the NFL... I don't think MLB offers bonuses unless you are a top 10 player in the entire league which Devers no doubt is offensively.... I wasn't surprised he got a signing bonus.

[moonslav59]

I don't think they are near as common as the NFL... It seems almost every QB now days that signs a big contract has a signing bonus with the NFL... I don't think MLB offers bonuses unless you are a top 10 player in the entire league which Devers no doubt is offensively.... I wasn't surprised he got a signing bonus.

 

Upfront money is a huge selling point. Investing up front money in hand well can become way more than getting it piecemeal over years and years.

[Bobe2]

Redsox are deferring $75 million of Devers money through 2043

[moonslav59]

Redsox are deferring $75 million of Devers money through 2043

 

I heard that before, but it wasn't mentioned again. It may bring down the AAV, some.

[mvp 78]

@SoxNotes

Rafael Devers leads the AL with 7 HR. Prior to Devers, the last Red Sox player to be leading the AL outright in homers entering play on April 18 was Fred Lynn in 1979 (6).

 

Devers’ AL rankings:

7 HR – 1st

16 RBI – T4th

14 R – T4th

.652 SLG – 3rd

11 XBH – 3rd

43 total bases – 3rd

[moonslav59]

@SoxNotes

Rafael Devers leads the AL with 7 HR. Prior to Devers, the last Red Sox player to be leading the AL outright in homers entering play on April 18 was Fred Lynn in 1979 (6).

 

Devers’ AL rankings:

7 HR – 1st

16 RBI – T4th

14 R – T4th

.652 SLG – 3rd

11 XBH – 3rd

43 total bases – 3rd

 

Nice numbers.

 

His .314 OBP seems out of place, but that SLG% has carried us.