Offseason rumors

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simplicio

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Feel like you're reading a bit too much into Cotillo's tweet. They were in the "top 4" could mean only four teams made an offer and/or the Sox valued him a lot less. I think the fact that he signed: (1) with the Royals; and (2) before Yamamoto is a pretty good sign that the Royals offer was likely considerably better than other offers. I don't think it's a sign of anything more than the Royals valued him more than the Sox (maybe a lot more). Maybe if we were a Lugo away from competing, or there were clearer reports that he was a top target of the Sox and we lost a bidding war, that would be a concern. I don't think Cotillo's tweet indicates anything of the sort.
Also, maybe Ragans is legit, but Lugo probably has a better chance of being the #1 in KC than elsewhere.
 

Average Game James

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Does it fell like this Ohtani contract is going to set some new kind of standard with teams that will inflate the AAVs on the surface?

I’m not going to be surprised if YY now gets a 12 year deal worth 420 with $300M of it deferred to 2035-2040 or something. And knowing that the Dodgers are now meeting with him, I feel like this is the exact kind of offer they are going to make to him — and it scares the shit out of me.
Not sure why it’s scary. If superstar egos want to see the bigger headline numbers, teams will deliver them. There is no reason the Sox or any other team can’t take whatever their standard offer looks like and increase the headline number with deferrals. And it’s not like YY and his agents don’t know how to do the math to compare 10 years/$300mn with no deferrals to 10 years/$400mn with deferrals.
 

RG33

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Not sure why it’s scary. If superstar egos want to see the bigger headline numbers, teams will deliver them. There is no reason the Sox or any other team can’t take whatever their standard offer looks like and increase the headline number with deferrals. And it’s not like YY and his agents don’t know how to do the math to compare 10 years/$300mn with no deferrals to 10 years/$400mn with deferrals.
It’s just scary because I want him to sign with the Red Sox. And, if the other deep-pocketed teams who are much deeper and more competitive than we are right now, start doing the deferred game so it opens up payroll/cash flow to add *one more* big-name free agent, then it increases the chances that the Sox get left out in the cold.
 

MuellerToldHisTale

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Does it fell like this Ohtani contract is going to set some new kind of standard with teams that will inflate the AAVs on the surface?

I’m not going to be surprised if YY now gets a 12 year deal worth 420 with $300M of it deferred to 2035-2040 or something. And knowing that the Dodgers are now meeting with him, I feel like this is the exact kind of offer they are going to make to him — and it scares the shit out of me.
I think the difference is that Ohtani makes a uniquely high amount in endorsements, so deferring the bulk of his MLB salary isn't as impactful to him in the near term. We likely won't see another MLBer for a while whose outside earnings are that strong where they would be willing to agree to such extreme deferrals.
 

jon abbey

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I think the difference is that Ohtani makes a uniquely high amount in endorsements, so deferring the bulk of his MLB salary isn't as impactful to him in the near term. We likely won't see another MLBer for a while whose outside earnings are that strong where they would be willing to agree to such extreme deferrals.
To put some numbers on this:

2023 MLB top endorsement earnings:

Ohtani: 40M
Harper: 6.5M
Trout: 5M
Judge: 4.5M

So yeah, very unlikely anyone else would agree or want to have their contract structured with anywhere near that level of deferred money.
 

bosox188

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It’s just scary because I want him to sign with the Red Sox. And, if the other deep-pocketed teams who are much deeper and more competitive than we are right now, start doing the deferred game so it opens up payroll/cash flow to add *one more* big-name free agent, then it increases the chances that the Sox get left out in the cold.
My understanding was that even for a heavily deferred deal like Ohtani's, the difference between the yearly salary and the calculated AAV needs to be put away into escrow anyway. So it's not like any team is going to open up additional cash flow for themselves by doing one of these deals. The Dodgers' yearly cash flow for the deferred Ohtani deal vs. a no-deferral 10/460 deal would effectively be the same.

So even on the low chance that any other player wants to do an ultra-deferred deal like that... it's really not doing them or the team anything other than being able to announce a bigger looking number. There's no secret sauce here that would put the Red Sox at higher risk of being outbid by another team.
 

Yaz4Ever

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To put some numbers on this:

2023 MLB top endorsement earnings:

Ohtani: 40M
Harper: 6.5M
Trout: 5M
Judge: 4.5M

So yeah, very unlikely anyone else would agree or want to have their contract structured with anywhere near that level of deferred money.
I honestly would've thought that Judge would earn more in endorsements in such a large market being a larger than life and very likable guy. Not that $4.5M isn't a lot of money, but still.
 

BringBackMo

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I didn't want Lugo, but I've got to say, if the Sox truly did target him and went so far as to be one of his top 4 bidders and didn't land him, that is tough.

To be clear, I want them going after (and landing) much bigger pieces than Seth Lugo, but if he was someone Breslow targeted and they didn't get it done, that's not great and does make me a little less "confident" in the camp of it just meaning they're pleased with where they're at with other free agents.

Really hope Cotillo is flat out wrong on this one.
Come on. They wanted him at a price. Beyond that price they most likely think there are better options.
 

YTF

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Does it fell like this Ohtani contract is going to set some new kind of standard with teams that will inflate the AAVs on the surface?

I’m not going to be surprised if YY now gets a 12 year deal worth 420 with $300M of it deferred to 2035-2040 or something. And knowing that the Dodgers are now meeting with him, I feel like this is the exact kind of offer they are going to make to him — and it scares the shit out of me.
I think we all knew that he would eventually meet with the Dodgers so I read this as having an "Oh boy, shit's gettin' real now" vibe. Here's my concern about the Dodgers...I think it's reasonable to think that Yamamoto has had discussion Ohtani, Yoshida and any other Japanese players (past and present) who've made the transition to MLB. Without a doubt Ohtani's contract structure affords the Dodger's the opportunity to bring in other quality players. Is it unreasonable to think that any conversations between the two included so mention of what the two of them might be able to accomplish together? Especially if Yamamoto can help stabilize the rotation while Ohtani readies himself to join him and Buehler in '25. Being part of a big three with Buehler and Ohtani is a pretty good selling point, especially when you consider the rest of the roster AND the fact that Ohtani left some meat on the bone for you.
 

BigSoxFan

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I think we all knew that he would eventually meet with the Dodgers so I read this as having an "Oh boy, shit's gettin' real now" vibe. Here's my concern about the Dodgers...I think it's reasonable to think that Yamamoto has had discussion Ohtani, Yoshida and any other Japanese players (past and present) who've made the transition to MLB. Without a doubt Ohtani's contract structure affords the Dodger's the opportunity to bring in other quality players. Is it unreasonable to think that any conversations between the two included so mention of what the two of them might be able to accomplish together? Especially if Yamamoto can help stabilize the rotation while Ohtani readies himself to join him and Buehler in '25. Being part of a big three with Buehler and Ohtani is a pretty good selling point, especially when you consider the rest of the roster AND the fact that Ohtani left some meat on the bone for you.
Yeah, the simple reality is that LA can offer an awful lot. Great weather. Really good team. Proximity to Japan with lots of Japanese ex-pats. Chance to play with Ohtani. Potentially the most money. Strong branding and endorsement opportunities.

It’s going to take a lot to overcome that. My only hope is that Yamamoto has a competitive drive that wants him to separate from Ohtani’s shadow.
 

Petagine in a Bottle

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This is exactly right. Tom Werner out there saying they’ll be going “full throttle” turning into 2nd and 3rd tier guys would be the worst case scenario.
Well, the worst case scenario would be missing out on the second tier guys while waiting on them, and then missing out on the first tier guys. But, a bunch of the second tier guys should, theoretically at least, stick around to see what is left.

Yeah, the simple reality is that LA can offer an awful lot. Great weather. Really good team. Proximity to Japan with lots of Japanese ex-pats. Chance to play with Ohtani. Potentially the most money. Strong branding and endorsement opportunities.

It’s going to take a lot to overcome that. My only hope is that Yamamoto has a competitive drive that wants him to separate from Ohtani’s shadow.
which probably leads to him signing with the Yankees.
 

Bosoxman2004

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I'm not sure where to put this, but Jung Hoo Lee out of the KBO (Which most publications compared to America's AA) just signed a 6 year, 113 million contract with the Giants. He is 25 years of age.

Yoshida last year at 29 years old signed a 5 year 90 million contract.

I'm curious which player/contract most here would rather have?
 

BigSoxFan

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Well, the worst case scenario would be missing out on the second tier guys while waiting on them, and then missing out on the first tier guys. But, a bunch of the second tier guys should, theoretically at least, stick around to see what is left.



which probably leads to him signing with the Yankees.
Or, hopefully (if not us), Mets. This feels like a Yankees vs Dodgers battle. Hopefully Tupac wins.
 

BigSoxFan

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I'm not sure where to put this, but Jung Hoo Lee out of the KBO (Which most publications compared to America's AA) just signed a 6 year, 113 million contract with the Giants. He is 25 years of age.

Yoshida last year at 29 years old signed a 5 year 90 million contract.

I'm curious which player/contract most here would rather have?
Given that we’re currently trying to sign Yoshida’s immensely talented ex-teammate…give me Yoshida’s contract.
 

sezwho

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Yeah, the simple reality is that LA can offer an awful lot. Great weather. Really good team. Proximity to Japan with lots of Japanese ex-pats. Chance to play with Ohtani. Potentially the most money. Strong branding and endorsement opportunities.

It’s going to take a lot to overcome that. My only hope is that Yamamoto has a competitive drive that wants him to separate from Ohtani’s shadow.
100% not a tax person but wonder if deferring may particularly benefit a Japanese citizen. At least according to HSBC in 2020 the effective tax rate for the highest bracket was 45.945%

You also probably want to keep generating income after your career ends anyway, and if you already have more than you can practically spend at the moment this looks pretty sharp.

Shoot you could even borrow against the future income if you want an aircraft carrier or something.
 

simplicio

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I'm not sure where to put this, but Jung Hoo Lee out of the KBO (Which most publications compared to America's AA) just signed a 6 year, 113 million contract with the Giants. He is 25 years of age.

Yoshida last year at 29 years old signed a 5 year 90 million contract.

I'm curious which player/contract most here would rather have?
I can't speak to a defensive comparison, but as a hitter, I'd take Yoshida every time. He's been the better hitter in a harder league (and was also the better hitter there in his age 24 season, if you'd like to make that comparison).

Lee additionally has an opt out after 4 years, so if he turns out to be dynamite the Giants don't even have as much control as the Sox (but paid a posting fee on the full amount).
 

effectivelywild

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My understanding was that even for a heavily deferred deal like Ohtani's, the difference between the yearly salary and the calculated AAV needs to be put away into escrow anyway. So it's not like any team is going to open up additional cash flow for themselves by doing one of these deals. The Dodgers' yearly cash flow for the deferred Ohtani deal vs. a no-deferral 10/460 deal would effectively be the same.

So even on the low chance that any other player wants to do an ultra-deferred deal like that... it's really not doing them or the team anything other than being able to announce a bigger looking number. There's no secret sauce here that would put the Red Sox at higher risk of being outbid by another team.
Here is a relevant quote from The Athletic explaining the situation:
"The Dodgers can’t actually hold on to all the deferred money for 10 years, though. They’ll have to start putting a lot of money aside for Ohtani no later than 2026.
'Deferred compensation obligations … must be fully funded by the Club, in an amount equal to the present value of the total deferred compensation obligation, on or before the second July 1 following the championship season in which the deferred compensation is earned,' the CBA reads.
The CBA goes on to say that “fully funded” means 'the Club must have funded, for the duration of and without interruption in each year, the current present value of the then outstanding deferred payments, discounted by 5% annually.'"

So basically the accounting structure allows Ohtani to have the *biggest* professional sports contract ever signed while still making his contract more roughly in line with actual dollar value predictions. But again, given his massive endorsements, he is maybe the only player in MLB who could agree to such a contract structure and....still be making tens of millions a year. I don't think this will herald in a new era of deferred money and even if it does, I see no reason to assume that Boston would be any less likely to hop on the deferment train than most other teams, aside from your regularly scheduled griping about ownership. If Boston misses out on a high value free agent and the Yankees sign him using a deferred contract, then we can worry but Ohtani is such a unique player in many ways that I can't imagine it becoming commonplace.

And on the subject of this possibly serving as a precursor to the Dodgers getting YY as well....to be honest, if YY doesn't sign with Boston, I'd vastly prefer him in the NL. (Also I live in LA, so obviously my opinions is slightly skewed).
 

mr_smith02

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It’s going to take a lot to overcome that. My only hope is that Yamamoto has a competitive drive that wants him to separate from Ohtani’s shadow.
This notion feels very unlikely. The man has a chance to join the roster of a team that would be rather impressive and for a organization that appears fully committed doing what it can to put its team in a place to win championships. I cannot imagine his ego would be bigger than that.
 

BigSoxFan

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This notion feels very unlikely. The man has a chance to join the roster of a team that would be rather impressive and for a organization that appears fully committed doing what it can to put its team in a place to win championships. I cannot imagine his ego would be bigger than that.
It’s extremely unlikely but it’s all I got! Objectively, there is very little reason to favor Boston over LA when the money is comparable. And it’ll be very hard and even more unlikely to outbid the market here by any material measure.
 

sezwho

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Dont think so. Otherwise why would he be “feeling better”.
if they met with him i wonder if he was told how it went.
Gotta figure Lou is just too savvy to drop a deuce here.

The most compelling message to a guy who can get 300+ and be competitive anywhere might be the one that he thinks can get the best performance out of him…Go pitching savant Breslow!
 

SouthernBoSox

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I mean Lou isn’t one to just say something like that. Weird.

I still put it at a very low possibility but maybe the Red Sox are A) willing to match any offer and B) The Yoshida impact has been improperly downplayed

I don’t know. Would shocked me to see it still.
 

MuppetAsteriskTalk

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I would be shocked if anybody in a position to know would tell Merloni anything. Especially considering what we've been told about Yamamoto's sensitivity about not wanting leaks.
 

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Gotta figure Lou is just too savvy to drop a deuce here.

The most compelling message to a guy who can get 300+ and be competitive anywhere might be the one that he thinks can get the best performance out of him…Go pitching savant Breslow!
Or maybe he and Masa really are good buddies and they've talked a lot.
 

SouthernBoSox

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I would be shocked if anybody in a position to know would tell Merloni anything. Especially considering what we've been told about Yamamoto's sensitivity about not wanting leaks.
I really think it’s as simple as someone on the Red Sox side telling him they are going to be very aggressive. It’s as simple as that.

So are the Dodgers, Mets, and Yankees.
 

Bob Montgomerys Helmet Hat

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I mean Lou isn’t one to just say something like that. Weird.

I still put it at a very low possibility but maybe the Red Sox are A) willing to match any offer and B) The Yoshida impact has been improperly downplayed

I don’t know. Would shocked me to see it still.
I do think that ownership/management has targeted him and will spend significant money. I think the Yoshida connection is worth something. I also think that people undersell the Sox as a desirable destination, as I think that the record of winning over the past 20 years is way more powerful than the rebuild over the past 2. So I won't be shocked at all if the Sox get him.
I also won't be shocked if they don't.

Basically, nothing is going to shock me about his outcome, unless he follows Lugo to Kansas City.
 

BornToRun

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Yah. Thats the thing. Lou is not the type of reporter who likes to clickbait (Engagement farm).
So wonder what (or who told him something ) to cause him to send that tweet out.
I’m not gonna put a whole lot of stock into it. Wouldn’t be the first time a vague-ish tweet gets everyone’s hopes up before the disappointment hits.
 
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