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 Post subject: Bad Contract Thread
PostPosted: Fri Aug 03, 2018 12:53 pm 
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Joined: Thu Feb 14, 2013 2:12 pm
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pizza_Place: maciano's
Chris Davis may be in a world unto himself! Baltimore will pay 1.4 million dollars in 2037 on this deal.

2016: $23M .221/.332/.459
2017: $23M .215/.309/.423
2018: $23M .160/.247/.301
2019: $23M,
2020: $23M,
2021: $23M,
2022: $23M
No Trade: Limited
Other Notes: Will be paid $17,000,000 annually throughout length of contract; $3,500,000 from 2023 to 2032; $1,400,000 from 2033-2037


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 Post subject: Re: Bad Contract Thread
PostPosted: Fri Aug 03, 2018 1:06 pm 
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He will probably get better at some point. If he doesn't it'll really be an all-timer.


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 Post subject: Re: Bad Contract Thread
PostPosted: Fri Aug 03, 2018 1:17 pm 
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pizza_Place: Boni Vino
Matt Cain
100m, 3.1 WAR

Homer Bailey
105m, 0.9 WAR

Ryan Zimmerman
100m, 0.0 WAR

Pablo Sandoval
95m, -1.1 WAR

Yu Darvish
126m, ?

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 Post subject: Re: Bad Contract Thread
PostPosted: Fri Aug 03, 2018 1:22 pm 
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TurdFerguson wrote:
$3,500,000 from 2023 to 2032; $1,400,000 from 2033-2037


Now that is well done. Wow

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 Post subject: Re: Bad Contract Thread
PostPosted: Fri Aug 03, 2018 1:59 pm 
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Joined: Mon Apr 14, 2014 10:45 am
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pizza_Place: Salerno's
Quote:
The Mets owed Bonilla $5.9 million for the 2000 season and no longer wanted him. So the club negotiated with Gilbert to attach an 8 percent annual interest rate to that money. With the clock starting in 2000, that adds up to $29.8 million.

Bonilla and his agent offered the Mets a deal: Bonilla would defer payment for a decade, and the Mets would pay him an annual paycheck of $1.19 million starting in 2011 and ending in 2035, adding up to a total payout of $29.8 million.


Bonilla's agent got suckered because the Mets owners were earning 2x that rate on that money via their investments with Bernie Madoff, y0.


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