And you want to know what is wrong with major league sports.........
http://sports.yahoo.com/m...6-year-o?urn=mlb-wp11524
http://sports.yahoo.com/m...6-year-o?urn=mlb-wp11524
16 year old gets 5 million signing bonus from Rangers...
- Thread starter fishwater99
- Start date
In no other profession can you get paid well more than someone who has been in the field for a very long time without having proven anything. I had a pretty good GPA coming out of State in computer engineering and companies weren't willing to pay me 6 figures right out of school because of it (and rightly so).
Here is your analogy applied to sports.
If a young Bill Gates left school to sign with IBM, they would own the rights to his employment in all tech fields. "Hey, Bill! Thanks for writing DOS, and developing Windows and the mouse from Xerox's ideas. You don't get any of the money generated, we retain all the rights, and you can't take the ideas elsewhere for six years AFTER everything is developed and making money for us."
All that being said, all the pro-players I know (15-20) think its nuts for a kid to get paid on potential rather than performance. But that is the system the owners negotiated to keep the exclusive rights to a player until after his 6th year in the big leagues.
If a young Bill Gates left school to sign with IBM, they would own the rights to his employment in all tech fields. "Hey, Bill! Thanks for writing DOS, and developing Windows and the mouse from Xerox's ideas. You don't get any of the money generated, we retain all the rights, and you can't take the ideas elsewhere for six years AFTER everything is developed and making money for us."
All that being said, all the pro-players I know (15-20) think its nuts for a kid to get paid on potential rather than performance. But that is the system the owners negotiated to keep the exclusive rights to a player until after his 6th year in the big leagues.
If the Rangers are spending 5 million on a 16 year old kid and then they sign their top 4 round guys......maybe Brandon Woodruff won't get what it takes for him to sign.
no offense, but a "pretty good GPA" in computer engineering at MSU will land you a job and give you a chance to prove yourself and prove to be worth 6 or more figures, but from an employer's perspective, you are a dime a dozen. the true elites (the kids from MIT or cal tech or somewhere who have already shown glimpses of elite potential through programming or whatever) are probably landing jobs for 6+ figures right out of school and apple and ibm and microsoft get into bidding wars over these elite students.<div>
</div><div>no offense to you, i'm sure you are plenty smart. i had a "pretty good" GPA in undergrad and law school too and have a solid job, but i don't pretend to think i'm on the same level as the kid with the 4.0 from princeton undergrad and finishing at the top of his class from stanford law school. coincidentally, one day down the road, i might be able to work my way to making more money than the kid from stanford law school, but fresh out of the gates, he's gonna be making well over $100K while i'm not because he's already shown the promise of a higher ceiling. same thing applies here, this kid has apparently shown the talent to have an elite ceiling and get the big pay day upfront, but that doesn't mean one day down the road a less heralded signee or draft pick won't work his way into making more $$ than this kid.</div><div>
</div><div>$5M on a kid you believe is elite, when you can take your time developing him and once he makes the big leagues, you control him for at least 6 years, is really not that much $$ to big league franchises. funny how players don't complain about being paid based on potential when they are the young kid getting the signing bonus, but then complain that the young kids are eating up all the payroll with exorbitant contracts and that's why teams don't wanna sign them when they are 30+ (in the post-steroids era) and fringe big leaguers.</div>
</div><div>no offense to you, i'm sure you are plenty smart. i had a "pretty good" GPA in undergrad and law school too and have a solid job, but i don't pretend to think i'm on the same level as the kid with the 4.0 from princeton undergrad and finishing at the top of his class from stanford law school. coincidentally, one day down the road, i might be able to work my way to making more money than the kid from stanford law school, but fresh out of the gates, he's gonna be making well over $100K while i'm not because he's already shown the promise of a higher ceiling. same thing applies here, this kid has apparently shown the talent to have an elite ceiling and get the big pay day upfront, but that doesn't mean one day down the road a less heralded signee or draft pick won't work his way into making more $$ than this kid.</div><div>
</div><div>$5M on a kid you believe is elite, when you can take your time developing him and once he makes the big leagues, you control him for at least 6 years, is really not that much $$ to big league franchises. funny how players don't complain about being paid based on potential when they are the young kid getting the signing bonus, but then complain that the young kids are eating up all the payroll with exorbitant contracts and that's why teams don't wanna sign them when they are 30+ (in the post-steroids era) and fringe big leaguers.</div>
that some of the MLB players that are complaining are guys like Albert Pujols who was a 13th round pick and didn't get 5 million out of JUCO in his case.
Even the students from the top schools don't get all that much coin compared to a veteran in the industry. My point was that you have a system where top picks who haven't done anything at the professional level get paid far more than veterans who have proved themselves. Kind of backwards from the way other businesses work. Even the ivy league students aren't getting signing bonuses worth 10 times the average starting salaries and the ratio of average starting salaries of an MIT engineering student to the average MSU engineering student is a factor of 2 at most. Sure, you can talk about the elites, but in the professional ranks of any sport, almost everyone is elite; you don't get on an NFL or MLB roster by being average in your field.<div>
</div><div>Of course, sports are entirely different from other professions. A 40 year old doctor or engineer is just getting into the swing of his career and probably hasn't even put up the best years of his career, both earnings and performance-wise. An athlete is lucky to still be close to playing shape at 40.</div>
</div><div>Of course, sports are entirely different from other professions. A 40 year old doctor or engineer is just getting into the swing of his career and probably hasn't even put up the best years of his career, both earnings and performance-wise. An athlete is lucky to still be close to playing shape at 40.</div>
the article says this guy "doesn't play in any of the major leagues that have popped up in the Dominican Republic and has been showcased judiciously."
So he is getting paid $5 million though he doesn't play in any of the high level baseball leagues in the Dominican Republic. And unless I missed it, the article didn't list his batting average for whatever league he does play in.
I have no idea what "showcased judiciously" means.
And to think we are the ones Washington D.C. politicians constantly lecture about "fiscal responsibility."
So he is getting paid $5 million though he doesn't play in any of the high level baseball leagues in the Dominican Republic. And unless I missed it, the article didn't list his batting average for whatever league he does play in.
I have no idea what "showcased judiciously" means.
And to think we are the ones Washington D.C. politicians constantly lecture about "fiscal responsibility."
Some guy that will try to act as his agent has put him in what is essentially a showcase for MLB teams. It happens all over the Dominican- and these guys rarely teach them any baseball skills other than how to throw hard and run fast. It would be like preparing someone for the NFL combine only without ever having played football before.
That's why he has no stats listed- because he has no stats.
That's why he has no stats listed- because he has no stats.
Some teams are planted in better markets than others (cough cough, Yankees), and by convention the owners in smaller markets are mostly prevented from the normal means of adjusting to that disadvantage (moving to New York, etc.)
So, you want a way that teams with less money to throw around have a better chance to succeed against teams with worse management. And the ability to take a chance early onunproven talent is just that.
If anyone is looking for a way to help underpaid talent, i'd suggest making it harder for teams to hold onto draftees not on the roster for so long, and paying the minor leaguers on the roster (40-man, or a new one) more. This would also have the bonus effect of incentivizing going to college.
Think of it this way, in MLB you can hold onto a draftee for 11 years (5 in minors, 6 in majors) without him or anyonehaving a single say. In the NBA all you get is 3. Maybe the NBA should get a year or two to stick a guy in the D-League before his 3-year clock starts.
So, you want a way that teams with less money to throw around have a better chance to succeed against teams with worse management. And the ability to take a chance early onunproven talent is just that.
If anyone is looking for a way to help underpaid talent, i'd suggest making it harder for teams to hold onto draftees not on the roster for so long, and paying the minor leaguers on the roster (40-man, or a new one) more. This would also have the bonus effect of incentivizing going to college.
Think of it this way, in MLB you can hold onto a draftee for 11 years (5 in minors, 6 in majors) without him or anyonehaving a single say. In the NBA all you get is 3. Maybe the NBA should get a year or two to stick a guy in the D-League before his 3-year clock starts.
If you are in the minor leagues for six years in baseball, you automatically become a free agent after your sixth year.
So, it would be six in the minors and then six in the Big Leagues.
So, it would be six in the minors and then six in the Big Leagues.
and albert is gonna sign a $200M+ deal this year and retire having made well over $300M in salary over his career plus however much in endorsements. this guys might only make $5M plus his salary the next couple of years and never pan out. pretty much every legit MLB'er that spends significant time in the bigs ends up making more than $5M. i mean, i'm sure the rangers would love to pay a few hundred grand for this kid's rights, but he's a free agent. it's a bidding war.