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Sunday, December 24, 2017

Other Marlins Bidders Had Plans Very Different From Jeter’s

Miami businessman Jorge Mas conveyed to me this month that if his Marlins offer had been accepted, he would have had a $130 million payroll in 2018, retained Giancarlo Stanton and hired a new general manager.

Instead, the Marlins intend to have a payroll of $90 million or less – a drop from $115 million last season and much lower than the $140 million it would have taken to keep the 2017 team together.

Merry Christmas!

Bote Man is no David Posted: December 24, 2017 at 09:09 PM | 16 comment(s) Login to Bookmark
  Tags: finances, marlins, owners

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   1. The Ghost of Logan Schafer Posted: December 28, 2017 at 12:21 AM (#5597972)
Why did Jeter even want the headache?
   2. Fancy Crazy Town Banana Pants Handle Posted: December 28, 2017 at 07:17 AM (#5597978)
Merry Christmas!

I feel like this is a real missed opportunity for an amazing pun on Jorge Mas' name...
   3. McCoy Posted: December 28, 2017 at 07:57 AM (#5597984)
Yeah, well. If my offer had been accepted I would have had a 200 million dollar payroll and I would have slashed ticket and beer prices too!
   4. Jeff Frances the Mute Posted: December 28, 2017 at 08:33 AM (#5597987)
Why did Jeter even want the headache?


He invested about $25 million and will receive about $10 million per year in annual compensation.
   5. You Know Nothing JT Snow (YR) Posted: December 28, 2017 at 08:36 AM (#5597989)
He’s been paid by the Yankees his entire career, why stop now?
   6. Lassus Posted: December 28, 2017 at 09:11 AM (#5597993)
He invested about $25 million and will receive about $10 million per year in annual compensation.

Ashtray money. Armchairing is always dumb, but I'd imagine he requires public attention more than he or anyone else thinks. Some people also hate retiring.
   7. Jose is an Absurd Force of Nature Posted: December 28, 2017 at 09:15 AM (#5597995)
This has the feeling of a politician who lost an election saying what people want to hear. Maybe it’s all true but it has a ring of convenience.
   8. Jeff Frances the Mute Posted: December 28, 2017 at 09:32 AM (#5597999)
Ashtray money. Armchairing is always dumb, but I'd imagine he requires public attention more than he or anyone else thinks. Some people also hate retiring.

Jeter made a lot of money while playing, but that $25 million is probably a significant percentage of his net worth. He is wealthy, but he needs to keep the cash flowing if he wants to live the lifestyle to which he has become accustomed.
   9. Rally Posted: December 28, 2017 at 09:43 AM (#5598005)
Jorge Mas could have had the team if he upped his bid. He wouldn't even have had to use his own money, he should have just recruited a ring bearing Yankee to pitch in as a minority partner. Maybe the catcher. Marlins would be owned by the two Jorges.
   10. McCoy Posted: December 28, 2017 at 09:49 AM (#5598010)
So Jorges mas?
   11. cercopithecus aethiops Posted: December 28, 2017 at 10:42 AM (#5598030)
So Mas was going to keep Stanton, but spend $10M less than it would take to keep the 85-loss Marlins together. IOW, he wasn't going to try to win either.
   12. Cris E Posted: December 29, 2017 at 01:07 PM (#5598597)
It's easy to say this, and even to do it for a year or two. But in the third or fifth year of losing money hand over fist that resolve can sour. There's no saying how the Marlins are going to play out over time, but it would be nice to find out how a fan-friendly regime might do.
   13. stevegamer Posted: December 29, 2017 at 10:25 PM (#5598762)
But in the third or fifth year of losing money hand over fist that resolve can sour.


MLB franchises don't really lose money in this day and age, so that's not an issue.
   14. Buck Coats Posted: December 30, 2017 at 11:31 AM (#5598817)
Right, it's "not making as much money as otherwise hand over fist"
   15. Batman Posted: December 31, 2017 at 09:35 PM (#5599171)
It’s usually the county’s hand and the city’s fist.
   16. Jeff Frances the Mute Posted: January 01, 2018 at 07:52 AM (#5599196)
It's easy to say this, and even to do it for a year or two. But in the third or fifth year of losing money hand over fist that resolve can sour. There's no saying how the Marlins are going to play out over time, but it would be nice to find out how a fan-friendly regime might do.

Mas’s plan was to more or less break even the first 3 years and attempt to build the fan base. With his debt level it would have been possible for the Marlins to break even with a $140 million payroll.

If Mas actually wanted to make Jeter look bad he could have lied that he was going to spend on a top free agent pitcher and say he planned to run at a loss short term.

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