I always thought Andy Messersmith got the first million dollar per year contract?
OT: 10 years $700,000,000 Ohtani to Dodgers
- Thread starter nutfromSEC117
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The deferral was due to his release on his 2nd time with the Mets. Everyone in baseball uses deferred contracts.
Yeah all well and good, but can we agree that he was a disappointment on the field?
How? Financially? They were contenders and when he arrived there they weren’t.
everyone liked the signing when it happened... the deferral allowed us to do other thing later to make us more successful- I am not debating his Met's career but the referral meant very little negative and much more positive. Anyone that refers to it anymore- just has no clue and just jumps off a cliff with all other Lemons
Definitely sounds like the 10-year $700 million figure is complete BS. A majority of the money is deferred for a long time. Bobby Bonilla 2.0. So, this really may be a 20-25 year contract with a real value much lower.
Still a huge contract, but plenty of smoke and mirrors for image purposes.
Still a huge contract, but plenty of smoke and mirrors for image purposes.
They must have calculated revenue impact in some very creative way. This cannot just be about winning... has to be about product sales, TV ratings, etc.
I would assume there is a lot deferred but his yearly most likely will still be 1 for a while
Buying Bonilla out with deferred money helped the Mets . This was not from the original deal . It was a later trade that the Mets got Bonilla . So they bought him out . It freed up money to get Hampton and then trade for Bordick . They got the Mets to the World Series
Then when Hampton left , the compensatory pick turned into David wright.
The wilpons were “making” madoff money at the time . Supposedly they were laughing up saying how they would make money on the Bobby bo deal !
Bonilla had two separate Met contracts.
His first, a five year contract, was the biggest in MLB history at the time. While he made the All Star team twice, he was a disappointment relative to expectations. After 3.5 years he was traded to the Orioles.
Then prior to the 1999 season, Bonilla signed a two year deal and was released after the first year. His salary for the second year was deferred as we all know. From a baseball standpoint, this decision worked out very well for the Mets:
* With the money they saved, the Wilpons had the budget flexibility to acquire Mike Hampton and Derek Bell in a trade with Houston. Both played major roles in the Mets pennant winning season of 2000.
* At the end of the year, Hampton left as a free agent. The Mets used the compensatory draft pick to draft David Wright.
I gotta give Mets fans credit, they are working very hard on spinning the Bonilla signing. Gotta love Mets fans. We beat SHU tonight so I’ll give you all a pass on this BS. 
We can work the butterfly effect on probably any contract. Bottom line is that the first contract was one of the biggest at the time and they didn’t win anything. Don’t even bring up the second one, that’s nonsense. Ask any Met fan if they have fond memories of Bonilla when BB day rolls around.
We can work the butterfly effect on probably any contract. Bottom line is that the first contract was one of the biggest at the time and they didn’t win anything. Don’t even bring up the second one, that’s nonsense. Ask any Met fan if they have fond memories of Bonilla when BB day rolls around.
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Dumbfuk- no one is saying it was a good signing for what they paid. We are discussing the deferred payment so many people are making fun of..,I gotta give Mets fans credit, they are working very hard on spinning the Bonilla signing. Gotta love Mets fans. We beat SHU tonight so I’ll give you all a pass on this BS.
Cripes- a Yankee fan thinking only the Mets overpaid on a contract- Stanton
Nice language and not a Yankee fan. And I don’t care what we are discussing, bad spin is bad spin. I think when you start talking about deferred payments and their merits you are already admitting that it’s a sh$tty contract to begin with.
Deferred payments are common place. And are used by owners for a reason. The Mets real screwup was not the contract or tge deferred money- it was Madoff.
But these contracts are benefiting the owners more than the player.
My guess is the injury cost him 75-100million. I was thinking 10-12 years at 750-800 million originally
Certainly not $700 million worth of merchandise. I'm sure the Dodgers top brass are waking up this morning thinking WTF did we just do?
The Dodgers don't get that TV money. MLB gets all foreign rights money. They will get the advertisement money for in the stadium
They must have had RutgersAl negotiate the contract for the Dodgers.
No, the majority owner, Mark Walter, is worth 5.8 billions. What‘s a couple of hundred millions compared to a Championship? These billionaires waste their money like Bezos spending millions on a clock in a mountain or rocket ships that Bezos and Musk are building.
No, the majority owner, Mark Walter, is worth 5.8 billions. What‘s a couple of hundred millions compared to a Championship? These billionaires waste their money like Bezos spending millions on a clock in a mountain or rocket ships that Bezos and Musk are building.
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Angels had arguably the top two players in the MLB. Haven't been to the playoffs with both of them. This doesn't guarantee a World Series.
No but teams have been willing to add free agents in baseball and basketball, not as much in football, at outrageous cost for over the last decade.
From a baseball standpoint he isn't worth $300 million more than Judge especially when he won't be adding to the Dodgers attendance.
I know but the dodgers don’t know. They have someone like RutgersAl working over there.
All the baseball players that have contracts expiring are happy.
I'll give you the language- uncalled for...but the dumb stuff ignorant people post about the Bonilla deferral(including very ignorant Met fans as well) - are like sheep.
I have very little patience for dumb sheep now-a-days...
And contract wasn't ******- player just didn't live up to expectations. And the crazy thing is that was actually pretty good for the Met's the first time here...
The best one I can remember was in,1984
Magic Johnson signed a 25 year contract for 25 million total, worked out to one million a year
Sounded like a ton of money..... for a little while, then others got salaries that flew past that
Shaquille O'Neal later said that was the worst ever contract in NBA history
I have read the same story you guys did. But it’s still just spin. The Mets made chicken salad out of chicken sh$t, I’ll give them that. But they were lucky to do so. Even a “dumb sheep” of a Mets fan can acknowledge and see that.
I actually don't understand what point you are trying to make- this post makes it sound like the deferral worked out well.
My point is that the spin is that somehow the Mets were shrewd with this and they knew what they were doing when they doled out the bad contract. And as for BB’s first go around here, he was a cancer in a dysfunctional clubhouse.
The Yankees didn't give that contract to Stanton and none of its deferred. The Marlins are also paying the Yankees $15 million in each of the last two years. Yankees will only pay Stanton $10 mill in his last year.
I went out to dinner with my wife last night. As we're in the car, I tell her about Ohtani, how he's like Babe Ruth with the pitching and hitting, and such a rare and unique talent. I then tell her that he signed a 10 year contract and asked her to take a guess at how much it was worth.
Her guess for the full 10 years? $50M
I share this because I think it accentuates how insane sports salaries have become. It can't even be comprehended by people not actively interested in sports.
Her guess for the full 10 years? $50M
I share this because I think it accentuates how insane sports salaries have become. It can't even be comprehended by people not actively interested in sports.
We’re numb to it now as fans. But I have to admit that as a fan, I have tough time even comprehending this number.
yeah- he was a clubhouse mess.
Met's were actually shrewd with the contract. Until Madoff.
Wipon's took the chuck of money and pretty much making enough interest off it with Madoff that it made great business sense.
Now- was the contract way overpaying for his performance- well, yes it was.
Interesting with Ohtani- he is deferring almost half the salary from what I understand, so that it allows LA to still have some money to spare over the next 10 years.
They did kinda “know” what they are doing . Like I posted the Mets were laughing about it because they were going to make money on the deal since they were getting huge returns with madoff. That was the whole basis of the financial end . Run the numbers assuming madoff’s ridiculous returns.
But since madoff was a sham, the deal financially backfired . But the results on the field are hard to argue with as it helped get them to the World Series and then David wright.
Rutgers athletics made way worse decisions
He would have to. There’s no way they would be able to put more pieces around him. Dodger for life.
I am hoping Pete is strictly talking that there was no way in a baseball sense that Hampton/Wright would come out of it when they made the deal- as the business move, as you and I are trying to point out, was a huge business move and smart as all heck