Giancarlo Stanton Newsbeat
Friday, January 02, 2015
Which executives, managers and players will drive the MLB narrative in the coming season? Here’s a look at the 15 most interesting people in baseball heading into 2015:
1. Rob Manfred
After an extended run as Bud Selig’s most trusted aide, Manfred takes center stage in late January as baseball’s 10th commissioner. He’ll try to maintain the momentum that has made baseball a $9 billion industry while setting an agenda on pace of play, changes in the draft and free-agent compensation system, and MLB’s efforts to reach out to a younger fan base. Manfred also needs to connect with Tony Clark and the players’ association while navigating the usual array of ownership labor hawks and doves in negotiations toward a new collective bargaining agreement in 2016.
2. Alex Rodriguez
Where do we start? A-Rod, who missed the entire 2014 season with a drug suspension, turns 40 in July. He’s six homers shy of tying Willie Mays’ total of 660 and collecting a $6 million bonus on top of the $61 million the Yankees already owe him. But the Yankees just signed third baseman Chase Headley to a four-year deal—yet another sign that they want Rodriguez to go away. Mariano Rivera and Derek Jeter were universally revered at the end of their runs in the Bronx. The reception won’t be quite as fawning when the most polarizing figure in baseball reports to Steinbrenner Field for duty in February.
They don’t always drink beer. But when they do, its Dos Equis. Wait, is that a centaur joke?
Posted: January 02, 2015 at 09:59 AM | 14 comment(s)
Tuesday, December 16, 2014
Wait, we’re supposed to be mad at Coonelly here??
We looked at the Giancarlo Stanton mega-contract with suspicious eyes… Well, Pirates president Frank Coonelly spilled the beans to Rob Biertempfel of Trib Live:
“(Coonelly) talked about an exchange he had with Miami Marlins owner Jeffrey Loria and president David Samson during the recent owner’s meetings.
“‘They thought it was a great deal,’ Coonelly said. ‘I just couldn’t get my head around the $325 million. They said to me, ‘You don’t understand. (Stanton) has an out clause after six years. Those first six years are only going to cost $107 million. After that, he’ll leave and play for somebody else. So, it’s not really $325 million.’”
I couldn’t believe what my eyes were telling me. I went back and read this at least a half dozen times to make sure I wasn’t misinterpreting anything. No, I saw it exactly as I thought I did the first time. Frank Coonelly completely sold out the Miami Marlins…
I asked an executive with another club if I was reading too much into this and what he thought about Coonelly’s comments. He told me, “They were not professional and show an integrity flaw.”
Monday, November 24, 2014
The Miami Marlins outfielder two days ago signed a 13-year, $325 million deal, the richest in North American sports history. Federal, state, city and payroll taxes will eat about $141 million, or 43.3 percent of the total, according to Robert Raiola, a certified public accountant who specializes in sports and entertainment. That brings Stanton’s haul to about $184.1 million. Florida has no state income tax.
Posted: November 24, 2014 at 06:35 AM | 93 comment(s)
Saturday, November 22, 2014
An interesting perspective on the Stanton contract.
In the 1970s and again in ‘80s, I signed that era’s version of the Giancarlo Stanton deal.
I was considered the Giancarlo Stanton of those times. I had led the league in home runs and RBIs a few times, so the Phillies decided I was worthy of becoming the highest-paid player in baseball.
Now he’ll get to experience batting slumps as the highest-paid player, a totally different feeling. He’ll be at home plate with the bases loaded and strike out to a chorus of boos. He’ll miss a ball in right field and want to crawl in a hole because of what he hears. Work as hard as you want behind the scenes, it doesn’t matter, now you are expected not to fail.
Off the field, he will have choices to make. Undesirable people will find him and want a piece of his financial future. He will be able to buy anything and everything — planes, yachts and expensive automobiles. He will need financial advisers and personal assistants, leading to the usual entourage.
Gratuities will be expected to double. Cell phones will follow him everywhere. Facebook and Twitter will chronicle his every public minute. ESPN and the MLB Network will feature his performance, good and bad nightly.
For someone who likes to stay under the radar, the question becomes: Is it worth it? The answer, of course, is “hell, yes!”
Thursday, November 20, 2014
A bunch of Marlins tidbits.
All Marlins talk in the wake of today’s press conference for Giancarlo Stanton’s historic 13-year, $325 million deal:
### By accepting below-market salaries of $6.5 million and $9 million over the next two seasons, Stanton has given the Marlins flexibility to augment. And the Marlins are acting quickly.
According to a source, the Marlins have made a two-year, $20 million offer to free agent first baseman Adam LaRoche, who hit .259 with 26 homers and 92 RBI for Washington in 2014.
Wednesday, November 19, 2014
PITCHf/x and The Contract.
I don’t believe the trade is crazy. It is extremely risky, especially for a franchise that has cried poor for years.
According to Lee Sinins’ Complete Baseball Encyclopedia, Stanton is the fifth player in history to hit 100 more home runs than the average player in his league before his age-25 season. The other four—Eddie Mathews, Jimmie Foxx, Mickey Mantle and Mel Ott—all went on to join the 500-Homer Club and end up in the Hall of Fame.
So tell me again then, please, why this contract is “crazy.” To me, it’s the thought of pushing a player like this out the door that seems way more insane than doing what it took to keep him.
Talk about crafting your argument narrowly to leave out players who don’t fit your premise.
According to Baseball References by age, here are the home run leaders as of age 24:
Rank Player HR PA
1. Eddie Mathews 190 3141
2. Alex Rodriguez 189 3515
3. Mel Ott 176 3978
4. Jimmie Foxx 174 3270
5. Mickey Mantle 173 3491
6. Ken Griffey 172 3606
7. Frank Robinson 165 3155
8. Albert Pujols 160 2728
9. Orlando Cepeda 157 3220
10. Johnny Bench 154 3229
Giancarlo Stanton 154 2640
Here are the home run leaders as of age 25:
Rank Player HR PA
1. Alex Rodriguez 241 4247
2. Jimmie Foxx 222 3940
Eddie Mathews 222 3807
4. Mel Ott 211 4649
5. Mickey Mantle 207 4114
6. Frank Robinson 202 3790
7. Albert Pujols 201 3428
8. Orlando Cepeda 191 3849
9. Ken Griffey 189 3920
10. Andruw Jones 185 3971
If you go back to age 22 and age 23 leaders, you get guys like Tony Conigliaro. and Juan Gonzalez. Although he is in pretty good company, the risk the contract can turn out poorly is high enough that the Marlin’s pucker factor should be pretty high. And that’s not crazy.
Posted: November 19, 2014 at 09:06 AM | 4 comment(s)
Tuesday, November 18, 2014
Wow! In the short term Stanton is walking away from a lot of money. Don’t get me wrong. His option years make up for it if he goes in the tank. If he plays well, though, he’s leaving a bunch of money on the table.
If Giancarlo Stanton opts out of his new 13-year, $325 million contract with the Miami Marlins after the first six seasons, he’ll be walking away from a staggering $218 million over the final seven seasons, sources familiar with the deal told ESPN.com Tuesday.
However, one source said Stanton was so motivated to give his team the financial flexibility to win now, he agreed to a heavily backloaded contract structure that will pay him just $30 million over the first three seasons.
According to a major league source who had seen the terms, Stanton’s salaries over those first three seasons will be only $6.5 million in 2015, $9 million in 2016 and $14.5 million in 2017, far less than he could have earned through arbitration in 2015 and 2016 and then via free agency. He would earn $77 million over the next three seasons and could opt out of the contract after 2020, following his age 30 season.
So the Marlins would be on the hook for only $107 million of the deal over the first six seasons, which computes to an average annual value of just $17.83 million per season before Stanton would have the right to exercise the opt-out clause.
Posted: November 18, 2014 at 03:06 PM | 16 comment(s)
Jay Jaffe’s take on the Stanton deal. He estimates Stanton’s value of the contract based on the cost per win on the free agent market. I’m not a huge fan of the approach when players are extended. Teams don’t win championships by paying “market” rates for players, especially those still under control for two years. Using the market approach, teams would be making sound financial choices if they spent anything less than $284.2 million for a 95 win team in 2014. (95 wins = 47.6 base wins + 47.4 WAR, 47.4 x $6 million = $284.2) Granted, you can’t generally pick up players less than market rate on the free agent market. Granted, free agents are only part of the payroll mix. But, not taking into account how much they would have been actually paying him in 2015 (around $13M) and 2016 (around $19M, if he is healthy and performs similarly next year) greatly underestimates the risk the Marlins are assuming right now. Had the Marlins let him play himself into free agency, they could have paid him an AAV of $30.6 million over the 11 remaining years and still broken even without assuming the risk now.
What if I’ve underestimated the cost of a win, as I did last winter? Bump the current cost to $6.5 million with that last set of assumptions in place, including the 0.6 WAR per year decline, and Stanton’s value over the life of the pact jumps back up to $342.9 million; in other words, it means he has to produce even less to make it worth Miami’s while.
Posted: November 18, 2014 at 09:50 AM | 31 comment(s)
Monday, November 17, 2014
Sunday, November 16, 2014
It’s a guaranteed $325 million with an opt-out in five years *and* with some type of no-trade clause. $325,000,000.
The Marlins can keep Stanton for two more cost-controlled years. Right now, Stanton is *gambling* on Loria’s word for three years control. The Marlins are *gambling* that Stanton will remain healthy and productive for at least five years. Sorry, Stanton has much better odds.
This isn’t about trust.This isn’t some type of deal with the devil. It’s business, big business.
Unless Loria is truly bargaining for Stanton’s soul, Stanton would be a dope to turn down this offer.
Over the next few years, Stanton will find out whether his trust was well-placed or this truly was a Faustian bargain. He’s about to inherit a title: highest-paid athlete ever. He wants another: World Series champion. The latter ultimately goes back to the Marlins, to Loria and Samson, whose past actions would doom Stanton’s sobriquets mutually exclusive.
No, you can’t turn down $325 million. Giancarlo Stanton will get his money if he wants it, and there’s great solace in that, and he’ll opt out if he wants that, and there’s comfort there, too. Ever present will be Jeffrey Loria, the majordomo of the Marlins, paying his hefty price, getting exactly what he wanted, smiling with his devilish grin.
Posted: November 16, 2014 at 08:18 AM | 30 comment(s)
A few people have written that the opt-out after five years is the mechanism for Loria to get out of the last eight years of the contract. A few have suggested the opt-out removes the risk. That’s a best case scenario where Stanton does well in the first five years. If he gets an injury that drops him from an elite to an OK, slightly above-average player (think Don Mattingly), they will end up eating a lot of money. So, no matter how you tweak the numbers, this will be an extremely risky contact for the Marlins.
So it makes sense, for those reasons and more, that the Miami Marlins and Stanton are engaged in talks on an extension that would be the first baseball contract worth more than $300 million. If the deal becomes official, it could stretch for 13 years at $25 million per season, taking Stanton through age 37.
For now, five players have guaranteed contracts worth at least $225 million, and all the deals extend beyond the player’s 40th birthday: the Yankees’ Alex Rodriguez, the Detroit Tigers’ Miguel Cabrera, the Los Angeles Angels’ Albert Pujols, the Seattle Mariners’ Robinson Cano and the Cincinnati Reds’ Joey Votto.
The chance that those players will remain elite performers through the end of their contracts is slim. Through that prism, Stanton’s prospective deal seems more sensible. Some powerful outfielders of the past, like Frank Robinson and Dave Winfield, remained viable offensive players at 37 or beyond.
Posted: November 16, 2014 at 08:04 AM | 18 comment(s)
Friday, November 14, 2014
This is a lot of coin, especially considering it’s the Marlins. Other reports say the deal might include some type of no-trade clause. Based on their track record and the size and length of the rumored contract, I can’t see them including no-trade language.
The two sides are discussing a deal that would be for at least 10 years and at least $300 million, major-league sources say.
The contract, according to one source, is in the range of 12 years, $320 million.
Posted: November 14, 2014 at 09:43 AM | 69 comment(s)
Friday, November 07, 2014
for his generous support.
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