Any actual report on frontload/structure yet. I saw $20 million is a signing bonus (that will come to him state tax-free in Nevada too).
Why do we think he is a DH after 5 years? He is only 31 then. He may not be a good OF at that point, but he will probably be passable for 7-8 years. He also might be our 1B. He is almost the same age as Hoskins and one could reasonably think they may not want to re-sign him at age 31 if the cost were $30 million a year.
I have always assumed Hoskins is gone. But either way it would be good to have the DH. Harper, Hoskins and a re-signed Realmuto could all play there or 1B, even if Harper can still play LF too.
[quote="zambonir, post:41, topic:51310, full:true"]Any actual report on frontload/structure yet.
Haven't found any yet. Soon, no doubt - every national-level baseball writer is going to be on this.
The front load also makes him much more tradable on the back side of this deal. If DH is universal as most expect, there are that many more contending teams looking for LH bat at the trade deadline.
Also, luxury tax will be much higher after the next CBA.
So the deal is 40 million a year for 5 years and then 16.5 a year after that?
I'm not really hating that.
Do we know for sure that it is frontloaded?
I am just enjoying this for right now. I think we had to do this. And at the end of the day this seems cheaper than I thought it would be.
It would not surprise me if we signed Dallas Keuchel in the next week as a concession
No details have been published that I've seen.
Side note. Today is, as it happens, my birthday. My thanks to Harper, Boras, Middleton and MacPhail for saving this one for an appropriate occasion!
Cots contracts is already updated:
We are $18 million under the luxury tax threshold at the moment.
Middleton, the closer!
Love the commitment to being a top 5 payroll team. You have to spend money to make money...but not be stupid.
Are they assuming it is spread out or do they know something?
They are just assuming the $330/13 is how you calculate the AAV. Actual payment schedules are meaningless for luxury tax purposes.
This spreadsheet is "updated," but it assumes a level contract. In other words, it's likely not the real numbers.
As andyb noted, that's what the AAV calculation looks like.
For AAV it is real though. Not for payroll.
Signing bonus still goes into AAV?
Yes. But it can be taxed in income tax-free Nevada.