Bhaakon
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Registered: 10-2006
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Re: Payroll Update 12/02/07
quote: 2) The Free Agent Class of 2008 is much better than 2007
It seems like this has been the case almost every season since Vlad was a free agent, and every season a combination of extensions, injuries, and ineffectiveness totally deflates the impending free agent class. In a league with no salary cap, there's no way to accurately predict which players will actually become free agents and which teams will be able to pursue them. I'm beginning to suspect that saving up for future FA classes has become a fool's strategy. That's not to say that the team shouldn't maintain financial flexibility, just that they shouldn't purposely put themselves in a position to have to go out and find more than, maybe, one really good FA to sign in any given offseason (not that the Giants have much choice at this point).
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12/2/2007, 5:37 pm
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chefjuan
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Registered: 04-2006
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Re: Payroll Update 12/02/07
Great topic, Merk.
This is one of those things that could also be split into what the Giants should do and what they could do. I think they should and could hold onto the purse strings (of the MLB payroll) with an eye to the future. Maybe spend a little bigger in the draft (since they'll picking so high) or dedicate a little more money to the international market. I would hate for the Giants to be in place like they are with the 5th pick, and have to choose on signability rather than talent.
Based on the moves (or lack there of) so far, I think there may be a glimmer of hope that they are financially plannning of the future. Perhaps Magowan's change of tone about the deferred payments affecting payroll is a sign that the Giants won't go on a bargain basement spending spree like they did last year.
But I have little faith. I have little faith in Sabean avoiding the impluse to spend or out bidding himself or giving raises they just aren't warranted (vizquel). I have little faith in Magowan and Baer not pushing for signing a 'big name' for the sake of marketing.
--- "If the Pilgrims had landed in California the East Coast would still be wilderness"
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12/2/2007, 5:46 pm
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FATALFART
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Registered: 11-2006
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Re: Payroll Update 12/02/07
quote: chefjuan wrote:
I have little faith in Magowan and Baer not pushing for signing a 'big name' for the sake of marketing.
they should have the same amount of season ticket holders next year thanks to some clever deals they made with the allstar tickets this year.
either way i dont see a big signing at this point because that big time player isnt out there unless theres a trade.
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12/2/2007, 6:49 pm
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MarcoPolo666
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Registered: 07-2007
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…
A player becomes a FA when he has *at least* 6 years of sevice time before the start of the next season.
Mistakes in the numbers and/or years posted :
Ortmeier (FA just before 2013) isn't making over league minimum until he's arb eligible (just before the 2010 season)
Alfonzo (FA before 2013) isn't making over league minimum until he's arb eligible (just before the 2010 season)
Frandsen (FA before 2013) isn't making over league minimum until he's arb eligible (just before the 2010 season)
Lewis (FA before 2013) isn't making over league minimum until he's arb eligible (just before the 2010 season)
Schierholtz (FA before 2013) making over league minimum until he's arb eligible (just before the 2010 season)
Lowry isn't a FA until just before 2011 (he had 2 yrs, 113 days before the 2007 season)
Cain is a FA after the 2011 season (just bfore the 2012 season)
Lincecum will be a FA just before the 2013 season.
Ditto Sanchez.
Correia is a FA just before the 2011 season.
Hennessey is a FA just before the 2012 season.
Taschner is a FA just before the 2013 season
Last edited by MarcoPolo666, 12/2/2007, 7:26 pm
--- Posting any of the following is cause for mockery:
- Blalock trade (sign him as a FA 2 years from now)
- Cabrera trade (see above)
- Tejada trade (ditto)
- Jason Bay trade (ditto)
- Trading Zito (aka, "Mr No-Trade Clause")
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12/2/2007, 6:49 pm
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xxERICSMITHxx
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Registered: 09-2007
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Re: Payroll Update 12/02/07
I would love to see them put some of that money into the draft funds and maybe some international scouting. Maybe we could pick up some of those guys later in the draft that slip because of signability issues and get more players like Villalona. Invest in the future because we are gonna be bad no matter what we do this offseason.
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12/2/2007, 6:52 pm
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MarcoPolo666
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Concerning deferred payments...
They are always a "grey area" (since nobody really know what the hell is going on), but :
Where did you get the figures for Bonds' deferred monies? I had always heard that there's the $5M deferred from his 2002 contract (but that's already in the bank). There's also $4.2M salary deferred from his 2007 contract (with no interest) and his perf bonuses (about $3.5M) deferred to 2009 (with interest). That doesn't even remotely match the figures you've put up for Bonds.
Why won't the Giants be paying Morris' deferred signing bonus? It's not a late payment of salary, it's a *signing bonus* - owed by the signing team. $2M is "paid at end of contract", which might be iether 2009 or 2010.
Dito, why won't the Giants be paying Benitez's deferred signing bonus? That's 1.6M for each of 2008 and 2009.
Ditto, why won't the Giants be paying Matheny's buyout? I doubt he was going to simply walk away from the millions of dollars owed him and MLB contracts are guaranteed even if the players are injured (unlike the NHL, for example). His contract had a $2M buyout due him for 2008 if his option wasn't picked up.
M Alou appears to have a deferred payment due in 2008, but the exact amount is unclear.
Last edited by MarcoPolo666, 12/2/2007, 7:27 pm
--- Posting any of the following is cause for mockery:
- Blalock trade (sign him as a FA 2 years from now)
- Cabrera trade (see above)
- Tejada trade (ditto)
- Jason Bay trade (ditto)
- Trading Zito (aka, "Mr No-Trade Clause")
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12/2/2007, 7:23 pm
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merkin
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Registered: 02-2006
Location: Hiding behind a couch
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Thx Marco
Dont know why I had 5 years service stuck in my head....
On Bonds, from Cots Contracts I extracted this
$5.8M of 2007 salary deferred
$3.5M in 2009
$5M/year of 2002-06 salaries deferred at 3.5%, paid 07-11
10-year personal services contract begins after playing career ends, paying nearly $1M annually to the
Not sure how the $5.8 is spread, so I spread over 5 years.
I seem to remember something about it being paid over 2 years,
so I am updating based on that
Will investigate the other deferred and see if I can fine tune this
--- "...the best evaluation of players is subjective judgment...The real baseball world is inevitably going to be hundreds of times more complicated than the model that we construct...." -Bill James
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12/2/2007, 11:38 pm
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merkin
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Morris owed $2, Benitez owed $3.2
Matheny retired, so the buyout in unclear...
If he retired due to injury, is he due the $?
and the sheets been updated
--- "...the best evaluation of players is subjective judgment...The real baseball world is inevitably going to be hundreds of times more complicated than the model that we construct...." -Bill James
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12/2/2007, 11:48 pm
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MarcoPolo666
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Re: …
About Bonds' defferred salary -
Concerning his 2002-06 deferments :
The $5M deferred from 2003 (that he will collect in 2008) has been in the bank for years - funding deferred payments has been required under the CBA since 2002. (It would have been put in the bank sometime before January 2005.) In fact, the only payments from his 2002-6 contract that aren't required to already be in the bank are the 2005 & 2006 seasons (which must be put in the bank sometime before January 2008 and 2009, respectively, if it hasn't been funded already). So, although Barry will collect them moving forward, most of those $5M payments (+ interest) have already been put in the bank. They would only affect the 2008 budget if the 2006 $5M isn't already in the bank. We can't know.
Concerning the deferred money from that ridiculously stupid contract the Giants gave Bonds last year :
from an article in the SJMercury :
Bonds deferred $5.8 million of this season's $15.8 million salary until 2008. He earned $3.5 million in incentives this season that will be paid (plus 3 percent interest) in 2009.
Last edited by MarcoPolo666, 12/14/2007, 9:34 am
--- Posting any of the following is cause for mockery:
- Blalock trade (sign him as a FA 2 years from now)
- Cabrera trade (see above)
- Tejada trade (ditto)
- Jason Bay trade (ditto)
- Trading Zito (aka, "Mr No-Trade Clause")
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12/3/2007, 12:48 am
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