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41
The Clubhouse / Re: Extend Rendon
« Last post by GburgNatsFan on Yesterday at 02:17:17 PM »
Sure, but I'd imagine it's deferred, too.

Agents are like lawyers. They always get their money.
42
The Clubhouse / Re: Extend Rendon
« Last post by hotshot on Yesterday at 02:16:20 PM »
Chris Russo predictions> Stras returns to DC, Rendon to LA Dodgers for $200M contract, Donaldson resigns with ATL.
43
The Clubhouse / Re: Extend Rendon
« Last post by Slateman on Yesterday at 01:51:38 PM »
I’m positive they get their cut on all the funds.
Agents are like lawyers. They always get their money.
44
The Clubhouse / Re: Extend Rendon
« Last post by bluestreak on Yesterday at 01:51:12 PM »
Maybe their agents don't like the cut they can't take on deferred money.

I’m positive they get their cut on all the funds.
45
The Clubhouse / Re: Extend Rendon
« Last post by Slateman on Yesterday at 01:51:01 PM »
Taxes compound too. You can’t say they care about deferrals but not about taxes. It’s literally the same thing. The reasons people don’t like deferred payments is because they lose whatever they could have done with that money. So whatever interest you caN get. I seriously doubt these guys are getting significantly more than 8-13% annual return on their money. It’s literally the same thing.

So maybe you’re saying the athletes are too dumb to notice, but their agents and financial guys certainly do know.

Maybe some players just care about having the highest number in the press release, but for people in the tier below Harper, they definitely care.
When you're talking about over 10 million a year being deferred, that's a significant amount of money.

If they really cared about it, LA wouldn't be able to sign anyone except for obscene amounts of money. Same with the Mets or the Yankees. Everyone would be running to the Rangers, the Diamondbacks, or the Florida teams. But they aren't. Because things like franchise culture, clubhouse atmosphere, and potential of the teams. Grandal didn't sign with the White Sox because the taxes were better than somewhere else he got offered. He signed there because it was the best offer he got.

Also, taxes don't "compound." You only get taxed on the money you make. So you get taxed once on the 10 million, and then only on the percentage you make beyond that. The state doesn't get to re-tax the principal.
46
The Out of Town Scoreboard / Re: Out of Town Ballparks
« Last post by GburgNatsFan on Yesterday at 01:49:27 PM »
 :hysterical:
and they are honoring Ron Washington with 2 white powdery lines marking fair territory.
47
The Clubhouse / Re: Extend Rendon
« Last post by GburgNatsFan on Yesterday at 01:48:43 PM »
Maybe their agents don't like the cut they can't take on deferred money.

Taxes compound too. You can’t say they care about deferrals but not about taxes. It’s literally the same thing. The reasons people don’t like deferred payments is because they lose whatever they could have done with that money. So whatever interest you caN get. I seriously doubt these guys are getting significantly more than 8-13% annual return on their money. It’s literally the same thing.

So maybe you’re saying the athletes are too dumb to notice, but their agents and financial guys certainly do know.

Maybe some players just care about having the highest number in the press release, but for people in the tier below Harper, they definitely care.
48
The Clubhouse / Re: Extend Rendon
« Last post by bluestreak on Yesterday at 01:45:04 PM »
Taxes compound too. You can’t say they care about deferrals but not about taxes. It’s literally the same thing. The reasons people don’t like deferred payments is because they lose whatever they could have done with that money. So whatever interest you caN get. I seriously doubt these guys are getting significantly more than 8-13% annual return on their money. It’s literally the same thing.

So maybe you’re saying the athletes are too dumb to notice, but their agents and financial guys certainly do know.

Maybe some players just care about having the highest number in the press release, but for people in the tier below Harper, they definitely care.
49
The Clubhouse / Re: Extend Rendon
« Last post by Slateman on Yesterday at 01:44:03 PM »
I would love to see your ‘math’ on this

Deferred money is money you aren't earning anything on. Its the same as shoving it in a mattress or a safe instead of investing it. This is common knowledge and it's the reason why deferred contracts have to be so much more than market value. 
50
Just look at last year and this year with an example closer to home. If the Nats had signed Harper, it affects their ability to pay Rendon. Assuming Rendon wants to stay with Nats, maximizing Harper’s money hurts Rendon. He either has to take less money from the Nats or go somewhere else.

Yes, this isn’t how it actually happened, but very easily could have. I don’t see how he can competently represent all of these guys.
And yet, he does. He's literally the best in the world at this.
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