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Posted on 4/24/16 at 10:50 am to RyanL
As an Angels fan I think Hamilton ' s is worse. His salary is $28,000,000 this year and I believe the Angels are paying 85% of that.
Posted on 4/24/16 at 10:56 am to SlowEasyConfident
quote:
Matt Ryan may not be the worst but his contract is ridiculous
Matthew Stafford's is no baragin either.
The Cards weren't smart letting Pujols go, the Angels were just a tad dumber.
I don't understand how teams can't understand incremental impact. Pujols got that much money to be how much better than the average 1st baseman? He wasn't batting .340 any more when it started.
Of course, while I say that the Cards 1st base situation has been in the dumper for awhile, hard to say how much they are paying for it because they use 3 or 4 guys for 3 positions.
Posted on 4/24/16 at 10:56 am to LL012697
That is insane
Posted on 4/24/16 at 11:12 am to RyanL
arod?
Pujols looks pretty rough. Haynesworth is an all-time bad contract
Pujols looks pretty rough. Haynesworth is an all-time bad contract
Posted on 4/24/16 at 11:13 am to Smalls
quote:
Whatever Kobe was being paid.
Posted on 4/24/16 at 11:15 am to LL012697
The dumbest move in any franchise in ANY sport ever. I don't know who was smarter or dumber. Bonny's agent or the Mets front office. How could somebody sign off on a deal like that is just mind boggling.
Posted on 4/24/16 at 11:16 am to dukke v
Contract with NBA and Silna brothers.
Posted on 4/24/16 at 11:18 am to dukke v
quote:
The dumbest move in any franchise in ANY sport ever. I don't know who was smarter or dumber. Bonny's agent or the Mets front office. How could somebody sign off on a deal like that is just mind boggling.
If i remember correctly his deal was huge and they offered to pay 1 mill for 25 years instead and he took it.
Posted on 4/24/16 at 11:19 am to Rickdaddy4188
Wouldn't you???? Now as of now I would rather . Have $25 million.
Posted on 4/24/16 at 11:19 am to dukke v
I think he's going to get paid till he's 72.
Posted on 4/24/16 at 11:21 am to PeteRose
And he wasn't really that good.
Posted on 4/24/16 at 11:26 am to dukke v
quote:
The dumbest move in any franchise in ANY sport ever. I don't know who was smarter or dumber. Bonny's agent or the Mets front office. How could somebody sign off on a deal like that is just mind boggling.
I actually think the thing that was most surprising was that Bonilla agreed to it. It was supposed to give the Mets more flexibility wth their payroll, but I don't feel like most athletes would opt for annuities than a lump sum payment
Posted on 4/24/16 at 11:36 am to vengeanceofrain
quote:
Bobby Bo still getting paid by the mets
I bet the Angels would trade the Pujols contract with the Mets and the Bonilla contract. That contract gets a lot of pub because he isn't playing, but it boils down to renegotiating $5.9M they owed him into annual payments from 2011-2035 that will cost $29.8M.
In baseball Mike Hampton has to be up there. $121M over 8 years when he signed with the Rockies in 2001.
Posted on 4/24/16 at 11:42 am to vengeanceofrain
I'd say paying $1 million per year to Bonilla for the next 19 years (which is only $19 million in total) is much less of a bad contract for that team than paying Pujols $25 million PER SEASON until he's 42 years old...
Posted on 4/24/16 at 11:43 am to dukke v
quote:
The dumbest move in any franchise in ANY sport ever. I don't know who was smarter or dumber. Bonny's agent or the Mets front office. How could somebody sign off on a deal like that is just mind boggling.
The deal was negotiated in 2000. He gets $1.19M starting in 2011 for the next 25 years. If you assign an 8% discount rate to that, it has a cash value of $6.35M in 2000.
By almost any financial measure it wasn't a bad deal in 2000 and it still isn't a bad deal today provided they invested the money accordingly.
Posted on 4/24/16 at 11:44 am to PrimeTime Money
quote:
I'd say paying $1 million per year to Bonilla for the next 19 years (which is only $19 million in total) is much less of a bad contract for that team than paying Pujols $25 million PER SEASON until he's 42 years old...
Exactly. The Bonilla contract gets a bunch of pub because he isn't playing, but it is a drop in the bucket compared to the financial impact these others have on their teams.
Posted on 4/24/16 at 11:46 am to LL012697
quote:
It was supposed to give the Mets more flexibility wth their payroll
It did. The freedom helped them and they ended up getting Hampton for a year and then got a compensatory pick when Hampton left in free agency. They picked David Wright with that compensatory pick.
Guarantee the Mets don't feel like it was a bad deal.
Posted on 4/24/16 at 12:02 pm to slackster
That Wright connection really is a cool story, bro.
Posted on 4/24/16 at 12:05 pm to RyanL
I agree with Pujols.
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