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OT: Other Chicago & General Sports Thread XXVII: Baez Time!

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Kurtosis

Kurtosis

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May 26, 2010
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The Village Within the City
coldsteelonice84 said:
As long as there is no internal budget, **** it. The Yankees have no budget and that's why they always get great players. Tanaka got hurt. They'll just get somone else. They don't care. It's not funny that they are "wasting" money because it has no effect on their decision making process when it comes to the baseball side. Nobody is going to tell Cashman not to bring in any more high priced players. He's going to do whatever he wants and they are going to approve it.
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I just want to know how you would know that they do not have any internal budget...
 
ColdSteel2

ColdSteel2

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Aug 27, 2010
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Kurtosis said:
I just want to know how you would know that they do not have any internal budget...
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Really, the how would know routine again, that low? A Yankees budget is like giving someone no more than 20 dollars to go the store and buy a ****ing orange.
 
G0AT

G0AT

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Jun 1, 2014
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So it looks like it's going to be Melo to the Knicks (no surprise). It will be real interesting if LBJ really does go back to Cleveland.

It probably won't happen but still hoping for K Love. I guess realistically for the Bulls it's either pau gasol or lance Stephenson. Ugh
 

RomersWorld*

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HCC Specialty Underwriters, Inc. President Marc Idelson said that most MLB teams "insure their long-term deals, even though premiums can be as high as 10% of the contract's annual value," according to Jon Paul Morosi of the DETROIT FREE PRESS. Most insurance policies "cover three-year intervals and are renewable." Policy premiums are "linked to the comprehensiveness of the coverage," and Idelson said that "most policies cover between [50-80%] of a player's salary."

....most MLB teams "obtain some form of coverage for their stars." MLB teams are "only able to collect on a policy" if a player is on the DL. And while policies "generally require players to remain on the [DL] for 60 or 90 days before the payments begin,"
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link: http://www.sportsbusinessdaily.com/...Term-Deals-To-Protect-From-Player-Injury.aspx

So if the Yankees did take out an insurance policy then they could realistically be only paying about 25% of Tanaka's contract while he is injured.

So even if they are without Tanaka for the rest of this year and next year they still will have 5 years of a presumably healthy Tanaka. If he continues to get injured or isn't as good when he gets back then that is another story but for now I don't think the Yankees regret it at all. They have a true #1, ace type pitcher for 5 years if he comes back the same or similar to before the injury. If it costs them $5 mil a year for this year and next year for him not to pitch at all(if insurance is around 75%) I think it is still well worth it. I guess it depends on his return and future stability.
 

Illinihockey

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Jun 15, 2010
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RomersWorld said:
They have a true #1, ace type pitcher for 5 years if he comes back the same or similar to before the injury. If it costs them $5 mil a year for this year and next year for him not to pitch at all(if insurance is around 75%) I think it is still well worth it. I guess it depends on his return and future stability.
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No they don't, he has an opt out after year 4. If he's pitching like an ace, he'll opt out and sign another, similar if not larger deal.
 

Slopo

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Nov 3, 2011
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Baseball America ‏@BaseballAmerica 2h
Carlos Rodon and the White Sox agree on bonus of $6,582,000, largest in franchise history.
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Still no official word from the Sox yet, though.
 

Illinihockey

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Jun 15, 2010
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A Windy City sweep! @ARizzo44 (8.8 million votes) and Chris Sale (6.7 million) win #FinalVote sponsored by Experian.
 

RomersWorld*

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Illinihockey said:
No they don't, he has an opt out after year 4. If he's pitching like an ace, he'll opt out and sign another, similar if not larger deal.
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Good point.

But still...I'd make that signing for the Cubs even knowing the injury. 2 years, 22 mil each year for an ace is still a good deal...especially since the Cubs could use pitching. If the insurance policy was at 75%...then it basically costs 10 million dollars to have him on the team for 2 seasons before you (hopefully) get an ace for the next 2 seasons and a greater chance to sign him for longer afterwards.
 
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