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Started By
Message
re: Manny Machado signs 10 year $300 million contract with Padres
Posted on 2/19/19 at 1:32 pm to TH03
Posted on 2/19/19 at 1:32 pm to TH03
quote:
Money > winning for Machado
Hmm.... $300 million guaranteed or maybe winning a few more games on a team that might not even make the playoffs.... yeah.... tough choice.
0
Posted on 2/19/19 at 1:45 pm to WestCoastAg
Well there was a report from Rosenthal this weekend after that 8/250 offer from SD came out that the White Sox were “major players still for Machado”. Maybe they topped that offer and SD came back with this. It sucks for White Sox fans I guess but you have to have a line and it sounds like this last SD offer went over it for them.
Posted on 2/19/19 at 2:02 pm to lsufball19
quote:
so it definitely makes sense
Sure but it's not like you get 50% Cali Tax on all the money
If they play in Texas/Florida no state Tax
quote:
But do they really only get paid during the season? No pay at all during spring training? Do they really go 6 months of the year with no paycheck? I honestly don't know.
Adrian and Edgar Gonzalez are really good friends with my business partners from way back. He says they get it all in 6mnths and yes the other months its endorsement money but he claimed Residency in Florida from when he played on the Marlins so no state tax on any of that money. Meanwhile he bought a 15mil mansion in La Jolla
Just called my bro and its paid every 2 weeks for the 6mnths they play
Posted on 2/19/19 at 2:18 pm to Lsuhoohoo
quote:
They gave Hosmer 8/$144 last year
Posted on 2/19/19 at 2:20 pm to ShaneTheLegLechler
quote:
@Ken_Rosenthal
Source: #WhiteSox offer to Machado was 8/$250M (a higher AAV than he will receive from #Padres. Total value of deal - with incentives and vesting options - could have been “well north” of $300M.
quote:
@Ken_Rosenthal
26m26 minutes ago
Second source says total value of #WhiteSox offer could have reached $350M if all options were vested and every incentive was reached. But Machado, as believed all along, wanted the $300M guarantee.
Eh, I'm less angry with the Sox now. Evidently Manny was content with the bird in the hand.
Posted on 2/19/19 at 2:21 pm to TH03
quote:
Money > winning for Machado
for 300 mil id take a kick to the dick everyday of the week
Posted on 2/19/19 at 3:36 pm to SDVTiger
quote:
Just called my bro and its paid every 2 weeks for the 6mnths they play
damn, I couldn't imagine being a minor league player and trying to budget with that low of a salary and knowing I won't be getting a paycheck of any kind from my ballclub for half the year.
Posted on 2/19/19 at 3:39 pm to lsufball19
Yeah would suck for a minor league player but he told me Adrian was getting 600k wires every 2 weeks
Posted on 2/19/19 at 3:41 pm to TigerFanInSouthland
quote:
Great player, clubhouse cancer
People say he doesn’t hustle all the time. I’ve never heard he is a problem in the clubhouse. He seems to be liked by his teammates.
Posted on 2/19/19 at 3:56 pm to Undertow
projections seem pretty favorable
Posted on 2/19/19 at 4:26 pm to Lsuhoohoo
10 year deal lol
Posted on 2/19/19 at 6:22 pm to nvasil1
quote:
could have reached $350M if all options were vested and every incentive was reached
quote:
Evidently Manny was content with the bird in the hand.
Assuming he would 100% reach all incentives would be a massive gamble. Players miss out on major incentives in their contracts due to injury, declining play, or straight up front office manipulation often enough that I don't begrudge any player who doesn't care to take that risk.
Posted on 2/19/19 at 6:50 pm to Lsuhoohoo
The average player sees about 35-45% of their contract money. He will be on the lower end mainly because he’s playing in California.
The state of California will tax him at approximately 50%, then the “jock tax” (other states he plays games in) will eat up another 5-10%, then his agent will get 10%. He will see 30-35% of that contract.
Some may have a hard time feeling sorry for a guy who will see $90-100 million, but the tax rates are absurd on players who make that kind of money.
The state of California will tax him at approximately 50%, then the “jock tax” (other states he plays games in) will eat up another 5-10%, then his agent will get 10%. He will see 30-35% of that contract.
Some may have a hard time feeling sorry for a guy who will see $90-100 million, but the tax rates are absurd on players who make that kind of money.
Posted on 2/19/19 at 6:57 pm to Lester Earl
quote:
opt out after the 5 year is there
Over under on years if he even makes it to year 5 in San Diego. No way he plays all 10 years with the Padres.
Posted on 2/19/19 at 7:28 pm to TigerScratch
With that kind of money he will be able to buy a sweet 2 bed 1 bath in Clairemont
Posted on 2/19/19 at 7:32 pm to TH03
quote:professional sports is a job; winning is not a job.
Money > winning for Machado
Posted on 2/19/19 at 7:46 pm to ZIGG
quote:
The average player sees about 35-45% of their contract money. He will be on the lower end mainly because he’s playing in California.
The state of California will tax him at approximately 50%
Nope, he lives in/has residency in Florida.
quote:
Darren Rovell Verified account @darrenrovell
Manny Machado will pay “Jock Taxes” in states he travels and plays in, but he’ll save money by being a Florida resident on salary and signing bonus. Will continue to claim Florida residency
Posted on 2/19/19 at 7:47 pm to Chad504boy
quote:
nice irrelevant spot for him to park the rest of his career.
Worse places to live for the next 10 years with $300 million than San Diego.
Posted on 2/19/19 at 8:11 pm to ZIGG
quote:
The average player sees about 35-45% of their contract money. He will be on the lower end mainly because he’s playing in California.
The state of California will tax him at approximately 50%, then the “jock tax” (other states he plays games in) will eat up another 5-10%, then his agent will get 10%. He will see 30-35% of that contract.
Some may have a hard time feeling sorry for a guy who will see $90-100 million, but the tax rates are absurd on players who make that kind of money.
A huge portion of this is not correct.
Posted on 2/19/19 at 8:12 pm to Undertow
quote:
People say he doesn’t hustle all the time. I’ve never heard he is a problem in the clubhouse. He seems to be liked by his teammates.
It's been a while since I've seen a player piss off an entire organization like Machado did with the Sox and others due to his dirty play.
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