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Zack Greinke signs six-year, $206.5-million deal with Arizona Diamondbacks
http://www.latimes.com/sports/dodgers/la-sp-greinke-signs-arizona-diamondbacks-20151203-story.html ^ | Dec 4, 2015 | Dylan Hernandez

Posted on 12/12/2015 11:36:28 AM PST by Jim W N

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To: Don Corleone

Greinke is making $34 million a year. Who do you think will be the first $40 million a year player. (I have an idea who it’s likely to be.)


21 posted on 12/12/2015 2:25:27 PM PST by TBP (Obama lies, Granny dies.)
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To: Rome2000

A fundamental principle of Sabermetrics.


22 posted on 12/12/2015 2:26:15 PM PST by TBP (Obama lies, Granny dies.)
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To: Vaduz

Your math is good he’s over paid and yet sports fans whine about Ceo’s income who really do something for a living.

...

I suppose running a company into the ground and then being paid $80 million to leave is “something.”


23 posted on 12/12/2015 2:29:39 PM PST by Moonman62 (The US has become a government with a country, rather than a country with a government.)
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To: discostu
Not just a suggestion -- there is a luxury tax. The first couple of years you go over the threshold (currently $189 million), it's 17.5 percent. Then it increases to 40 percent, and then to 50 percent.

The good news is that if you get back under it, even for just a year, it reverts to the 17.5 percent rate. this is why the Yankees are off free agents for now. They have $100 million coming off the books the next couple of offseasons (Teixeira and Beltran after this coming season, Sabathia and Rodriguez after 2017), and they want to use their young players, lower the payroll, and get under $189 million.

24 posted on 12/12/2015 2:30:25 PM PST by TBP (Obama lies, Granny dies.)
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To: CaptainAmiigaf

No one pays to watch a doctor, surgeon, business owner, lawyer, plumber electrician and/or virtually anyone else do their work. People pay good money to watch baseball players do theirs.


25 posted on 12/12/2015 2:31:58 PM PST by TBP (Obama lies, Granny dies.)
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To: TBP

Yep.

Teams like the Yankees, Red Sox and Dodgers know they’re overpaying and wasting half of huge contracts. The don’t care about the risk.

It’s a little surprising from the D’backs. Might cost Dave Stewart his job in a couple years, or they might get lucky.


26 posted on 12/12/2015 2:34:03 PM PST by jjotto ("Ya could look it up!")
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To: Dilbert San Diego

The players who are getting hurt the most are the good, not great, veterans, the backups, the utility players, and the like. Why pay $3-4 million for those guys when you can get almost as good a performance from some rookie making the league minimum (which is quite generous.)

If the Diamondbacks contend for three or four seasons of Greinke’s contract and the attendance and the TV and radio ratings increase, he’ll make that money back for them. Tehre is no way on Earth that your backup catcher or your utility infielder can make back his salary.


27 posted on 12/12/2015 2:35:13 PM PST by TBP (Obama lies, Granny dies.)
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To: Boomer One

Performance bonuses are specifically against the rules, although there are ways around that. Perhaps profit-sharing? (i.e., the more money the team makes, the more the players make.)

I have long advocated that the teams put up money to fund an office at MLB whose specific function is to get the players endorsements. If they make substantial money off the field, perhaps they won’t need to make quite so much on it.

Find other ways to get them more money without it always costing the owners (who then pass it on to the fans.)


28 posted on 12/12/2015 2:38:35 PM PST by TBP (Obama lies, Granny dies.)
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To: jjotto

The Yankees have been pretty fiscally responsible (in baseball terms) lately.


29 posted on 12/12/2015 2:39:43 PM PST by TBP (Obama lies, Granny dies.)
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To: TBP

The “luxury tax” is joke. The day they signed that CBA Steinbrenner said “this changes everything” and then proceeded to make signings that increased his team’s salary by over 100 million dollars. That is not a salary cap.


30 posted on 12/12/2015 2:44:41 PM PST by discostu (Up-Up-Down-Down-Left-Right-Left-Right B, A, Start)
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To: TBP

Yep. Even the Yankees have limits.


31 posted on 12/12/2015 2:45:09 PM PST by jjotto ("Ya could look it up!")
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To: discostu

George was one thing. The sons are another. The luxury tax is restraining their spending, which was the point of it.


32 posted on 12/12/2015 2:54:05 PM PST by TBP (Obama lies, Granny dies.)
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To: jjotto
A win-above-replacement is worth $8 mil

So a 4 WAR would be worth $32 million.

33 posted on 12/12/2015 2:55:09 PM PST by TBP (Obama lies, Granny dies.)
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To: TBP

Something like that, yes. In theory.

ESPN lists Greinke with a WAR of over 9 for 2015!

I remember his WAR from a year or two ago.

I’m not a fantasy player so I don’t keep up with the exact details, but I do find the general trends interesting.

http://espn.go.com/mlb/war/leaders


34 posted on 12/12/2015 3:02:30 PM PST by jjotto ("Ya could look it up!")
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To: TBP

The luxury tax isn’t restraining their spending. Realizing that they’ve been grossly overpaying for talent lately and haven’t even gotten a whiff of a championship in 6 year and clearly need to rebuild the team is restraining their spending. And that’s only because you don’t rebuild a team paying huge some to aging veterans. They’ll be back to their spendy ways, they’re the Yankees, they have enough revenue that the luxury tax is completely meaningless to them. Any “cap” that isn’t a hard cap is a joke. The Yanks have been proving that for a quarter of a century and they will resume proving that as soon as they have a team that’s actually talented and worth spending money on.


35 posted on 12/12/2015 3:08:04 PM PST by discostu (Up-Up-Down-Down-Left-Right-Left-Right B, A, Start)
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To: discostu

They have $100 million coming off teh books in the next two offseasons, and they are not planning to lay out nearly that much. They’ve been making a deliberate effort to get younger and more athletic (and thus cheaper) and to rely on their homegrown talent.

The Yankees pay a 50 percent luxury tax rate and have for a while. The 1996 World Champions had the #10 payroll in baseball. They’ve publicly said, “You don’t need to have a $200 million payroll to win.”

So they’ve started going to homegrown players like Severino, Bird, Heathcott, Mason Williams, Romine, Sanchez, and others, with others such as Aaron Judge and Jorge Mateo on the way. They’ve surrounded that core with an “outer core” of younger, more athletic, cheaper players like Didi Gregorius, Starlin Castro, Aaron Hicks, Nathan Eovaldi, Tanaka, Pineda, and others.

If they can get under $189 MM in 2018, they reset the luxury tax rate from the current 50 percent back to 17.5 percent, which makes a lot more money available as their players win, gain experience, and grow into higher salaries.


36 posted on 12/12/2015 3:15:26 PM PST by TBP (Obama lies, Granny dies.)
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To: TBP

They aren’t planning to NOW, because they don’t have the players to spend the money on. But once those younger more athletic players get old enough for their second and third contracts the Yanks will be 100 million over the “cap” in a jiffy.

Never believe the words. The words are a lie. Believe the actions. The actions are that the Yankees don’t give a damn about the cap and as soon as they have players they feel are worth spending the money on they spend it. They can afford the luxury tax, so they don’t worry about it. Saying they won’t do that now is just hoping to catch other teams off guard later. Even you admit it, the players WILL grow into the higher salaries, and those salaries WILL be over the “cap”.


37 posted on 12/12/2015 3:19:29 PM PST by discostu (Up-Up-Down-Down-Left-Right-Left-Right B, A, Start)
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To: TBP

Dunno, but I think the diamondbacks may have bought themselves a ticket to a winning playoff season. To do the same, the Giants need some better pitchers, much more than hitters.

Dunno the Giants’ budget but if you factored in deep playoff revenues with some chances at the World Series, maybe it would have been worth it.


38 posted on 12/12/2015 5:01:18 PM PST by Jim W N
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To: jjotto

How would a WAR of 4 or so make Greinke worth it for the Giants. Would that be four years of playoff baseball and sellout seasons?


39 posted on 12/12/2015 5:05:11 PM PST by Jim W N
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To: Jim 0216

Win Above Replacement (Player) is strictly statistical analysis.

I believe the idea is that an average team will have a record of 81W - 81L. If that average team replaces an exactly average player with a player with a WAR of 4, the expected result would be a team record of 85W - 77L.

The average cost of one Win-Above-Replacement is calculated to be around $8 million for this next season.

It’s more complicated than that, but that’s the idea.

WAR is one of those stats that drives up salaries for above-average players.


40 posted on 12/12/2015 5:28:44 PM PST by jjotto ("Ya could look it up!")
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