Pay that man his money.
Smartest guy out there.
Happy Bobby Bonilla day!
- Thread starter Baller23Boogie
- Start date
Pay that man his money.
Smartest guy out there.
Apparently a bunch of dudes get deferred comp on 7/1.
Scherzer
Manny Ramirez
and my favorite, Chris Davis.
It's 2023 but this must be a thing in the MLB, whose salary structures I just can't understand.
MLB Teams Paying Deferred Salaries in 2023 - Sports Illustrated
Bobby Bonilla isn’t the only one still getting paid by his old team.
www.si.com
Huh. I would have taken only $500,000 a year not to play center field for the Dodgers for twenty years.
Is it inflation adjusted? If not, he's not as bullet proof as he should be.
He's been getting paid over a million per year to do nothing with another 11 payments due to do nothing.
I'd say that's pretty bullet proof.
Well, nearly 1.2 million a year won’t buy much anymore.
Agree. You can always argue time value of money, opportunity cost, etc. But for your average ballplayer (not saying Bonilla necessarily), this type of structure protects them from themselves financially.
Are we really at the point where we are poo pooing someone making 1.2 million for doing nothing?
I'd love to have that problem.
All I'm saying is that same sum in 2001 felt a bit different
$1,200,000 here. $1,200,000 there. And $1,200,000 in a bunch of other places, and pretty soon we’re talking real money.
He's been making 1.2 since 2000.
Here's also a little known fact, he's getting 500k from the Orioles every year until until 2028, so he's actually been getting $1.7 million a year since 2004.
He's pretty damn smart.
Are the Spirits of St Louis owners still receiving NBA tv revenue from their ABA/NBA merger settlement?
In perpetuity was the original agreement, but the NBA settled with them in 2014 or '15 with a fat lump sum payment to end it. It was something like 15% annually of the share for the TV deal money of the Pacers, Spurs, Nuggets and Nets.
Didn’t know they had settled. I knew they got 1/7 of each of the 4 ABA teams tv money in perpetuity.
They were getting on in age and decided to end it. One of them passed away not long after.
ETA
Spirits of St. Louis owner Ozzie Silna, who made incredible deal in NBA-ABA merger, dies
Ozzie Silna, who turned a fading American Basketball Association franchise into a four-decade windfall of nearly $800 million from the NBA in what's commonly called the greatest deal in sports history, has died at age 83.
www.nbcsports.com
My nephew just started farming on his own a few years ago. I offered him some capital to help him get started. All I wanted back was 10% every year til I die. He passed. I think his wife had something to do about it. LolThey were getting on in age and decided to end it. One of them passed away not long after.
ETA
Spirits of St. Louis owner Ozzie Silna, who made incredible deal in NBA-ABA merger, dies
Ozzie Silna, who turned a fading American Basketball Association franchise into a four-decade windfall of nearly $800 million from the NBA in what's commonly called the greatest deal in sports history, has died at age 83.
My dad always joked that the way to have a million dollars in the bank from farming was to start with 2 million.
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