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Guest El Segundo Escupidor
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Posted


This thread needs a musical compliment:

[youtube:yuxotfo8]_nLLlynkz_A[/youtube:yuxotfo8]


Posted


Per Heyman, the deal from the Nats was 4 years, 100 million, plus the opt out. Some money deferred, but man that is really a lot of money to walk away from.


Guest themetfairy
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Posted


To quote Studious Metsimus, Yo Gotta Believe!


Posted


No problems with his hip? If that had come up, I think there would be tears.

And here's an analysis of the Nationals' offer to Cespedis. It seems that the $100 million figure included a lot of deferred money, so the net present value of the offer was $77 million. That only slightly more than the $75 million the Mets are paying.*

The Nationals are caught in a financial bind over TV rights fees. It's nothing like Madoff, but it forced them to have to offer deferred payments to the free agents this year, meaning they were actually paying less than they claimed to be offering.

*I don't pretend to understand NPV, but it calculates on the basis that money in the hand is worth more than money down the road. The Mets contract is actually slightly less than $75 million using NPV, since it's over three years.


Guest LeiterWagnerFasterStrongr
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Posted


HOW much does Yo heart NY? Cespedes negged two teams to be with us, according to Heyman.

Baltimore had a five-year offer on the table, says Heyman, but it was obviously turned down... But it hasn’t been reported what kind of guarantee and payout structure was involved in the O’s offer.


Posted


Just listened to the conference call. The agent went out of his way to make it very clear that Yo is NOT looking at this as only a one-year deal!!


Posted


What Yespedes means for the New York Mets and their owners
By Howard Megdal 7:16 a.m. | Jan. 26, 2016

EXCERPT:

Well, with the Cespedes 2016 contract number at a reported $27.5 million, the Mets will have a payroll north of $140 million. It still isn't remarkable by MLB standards, placing them somewhere around ninth in the league by 2015 standards, but no longer is the contrast between revenue and payroll so vast, and no longer is the team's roster starved of what it needs at a moment it can best take advantage of generational young talent.

Ultimately, the years-long story of Mets ownership, Bernie Madoff and the lies that followed mattered only to the extent it led to a Mets team that operated primarily, if not exclusively, as a cash machine for ownership, rather than as a baseball team. If the Mets owners are taking in enough money to siphon off a bunch of it for their still-enormous debts, but still fielding a competitive baseball team financially, it really doesn't matter to fans, nor is it much of a story. And merely the ability to sign Cespedes is a welcome sign that the Mets at least have the capability to do this, though how fleeting that capability is, and how dependent on postseason revenues, is still a great unknown.

If the Cespedes contract—a rare moment where the Mets, given a chance, significantly improved their team with nothing more than a huge outlay of money—is the new way the team is doing business, payroll will continue to rise accordingly. The young pitchers will be more expensive in the years to come, and a basic cost of doing business in MLB will be to extend at least some of them. Should Cespedes opt out, the Mets will need to sign him again, or replace him offensively. A return to even the 2015 payroll of $110 million would represent a continuing of the post-Madoff reality so many hope the Mets shattered Friday night, given the players on this team and what great talent costs.

But that is for next offseason. And for now, the Mets have increased their payroll by approximately $30 million—nearly all of that increase coming in an 11th-hour acquisition of the team's best offensive player in 2015, all of which set off riotous celebration in a fan base that had come to believe such things were no longer possible.


http://www.capitalnewyork.com/article/city-hall/2016/01/8589091/what-yespedes-means-new-york-mets-and-their-owners


Posted


Gee, Howie waited to the second paragraph to mention Madoff.
Here's the key sentence to me:

If the Mets owners are taking in enough money to siphon off a bunch of it for their still-enormous debts, but still fielding a competitive baseball team financially, it really doesn't matter to fans, nor is it much of a story.


So, Howie, you finally realized it. Now, STFU and go find another story line.

Later


Posted


Gee, Howie waited to the second paragraph to mention Madoff.
Here's the key sentence to me:
If the Mets owners are taking in enough money to siphon off a bunch of it for their still-enormous debts, but still fielding a competitive baseball team financially, it really doesn't matter to fans, nor is it much of a story.


So, Howie, you finally realized it. Now, STFU and go find another story line.

Later


If you're interested in this sort of stuff, Madoff isn't mentioned until the 11th paragraph. The above quote is merely an excerpt.
And what is it that Megdal finally realized (after the Mets finally started spending)?


Posted


What I bolded.
Megdal has been a one trick pony, and now he admits that trick doesn't matter to the fans any more.



Later


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