Danchat Old-Timey Member Posted December 12, 2023 Posted December 12, 2023 6 hours ago, Vanimal46 said: Me either. Just some made up accounting practices thanks to a crap CBA. People complain about void years in the NFL, but at least those are only allowed on signing bonuses and can only go out one year after the player is no longer on the team. This is ludicrous in comparison and should not be allowed.
Riverbrian Old-Timey Member Posted December 12, 2023 Posted December 12, 2023 14 hours ago, lecroy24fan said: I have no idea how this was calculated but somehow the luxury tax per season is $46M. No clue where that number comes from. I won't be able to explain it either but from what I'm reading it is because of present value vs. future value. In 2034 680 million won't be worth as much as 680 million today. Because of this... It's being reported that the true value of the contract is around $480 million and therefore a cap hit of $48 million dollar cap for 10 years. Not only does the CBA allow this... I would go as far to say that the CBA encourages this because the Dodgers just yanked 22 million a year off the cap. Wouldn't every team want to do that? It should work like this in my opinion. What are you paying a player in a given year. That's your cap hit. The Dodgers carry a 2 million dollar cap hit for 10 years and then carry a 68 million dollar cap hit for the next 10 years until they stop dropping money into his bank account. Dave Borton 1
lecroy24fan Verified Member Posted December 13, 2023 Posted December 13, 2023 Or preferably they take the hit while he is playing. This is no different than NLF teams transferring future money owed to signing bonuses to avoid cap hits.
Dave Borton Verified Member Posted December 14, 2023 Posted December 14, 2023 Q&A at Ohtani press conference: Jack Harris, LA Times: "Do you have any special thanks to anyone you wish to express?" Ohtani: "Yes, I wish to thank the Twins for their bid in the process. The $900MM offer was overwhelming but it is just too cold to pitch up 'der in April. Besides, English is hard enough to learn without adding Minnesodan." lecroy24fan and Nine of twelve 2
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