Other Sports: Philadelphia Phillies: The Road To .500 Continues Into Red October (2024 Edition)

[ponder719]

I think this is the one that finally broke me. Bring on the hard cap and floor.

 

[DancingPanther]

Lolllll how much of that is deferred? 70mil?

The dodgers are what everyone thought those Yankees teams were

21mil deferred
20mil signing bonus

Surprise!!

Solution, since simply implementing a cap is pretty unreasonable: have a set number of deferred contract slots. Let's start at 2

 

[FLYguy3911]

A cap would only hurt the Phillies.

 

[LegionOfDoom91]

I don’t know why so many of them are accepting deferred money.

 

[DancingPanther]

I don’t know why so many of them are accepting deferred money.

To join a superteam and win. It's a positive feedback loop, like I said a while ago

 

[LegionOfDoom91]

To join a superteam and win. It's a positive feedback loop, like I said a while ago

But there’s other teams that present a chance to win & wont make you defer the money. I’m not even trying to be a hater but that wouldn’t be appealing to me if I was in their shoes. I want my money asap.

 

[CanadianFlyer88]

But there’s other teams that present a chance to win & wont make you defer the money. I’m not even trying to be a hater but that wouldn’t be appealing to me if I was in their shoes. I want my money asap.

There's probably something appealing to pro athletes deferring money that guarantees they won't go broke shortly after retirement.

Though these Dodgers contracts are for players that are unlikely to fall into this problem...

 

[Flybynite]

I don’t know why so many of them are accepting deferred money.

When it comes to the Dodgers it's also a way to dodge California taxes. The signing bonus is taxed based on where the player legally resides when signing. I think Blake Snell got a large signing bonus and lives in Washington and it has no wage tax.

There are more complications with deferred,but I believe if the earner gets the deferred money 10 years later it bypasses state taxes from the employers state.