Extend Rendon

[GburgNatsFan]

I've seen three people say some variation of "I hope he gets paid." 

I don't think Rendon ultimately comes back. He seems adverse to deferred money and he'll get paid by plenty of other teams. Strasburg could have done the same thing, but I get the feeling he's a guy who places a high value on comfort and organizational trust and didn't want to start over somewhere new. Rendon seems more of a "I'll do whatever my agent says" kind of guy, which is totally fine. Love the dude, hope he gets paid.

[The Chief]

Rather than hoping he gets paid, I hope he'll be happy.  Probably a strong correlation but the distinction is worth making.

[GburgNatsFan]

Rather than hoping he gets paid, I hope he'll be happy.  Probably a strong correlation but the distinction is worth making.

I agree. I hope he is in the frame of mind to draw that distinction for Boras.

[nfotiu]

What kind of cap circumvention rules are there in mlb?  If Rendon is sure he only wants to play 5 years, could we offer a 7 year contract where he makes 200 in the first 5 years, and 2 million in the last 2 years?   Essentially giving him 40 million per year at less than 30 cap hit?   Defer some of that 200 million and they’re all set? 

[Senatorswin]

Rendon deserves to get paid and I hope he's happy but I hope he gets paid and happiness in the American League with Texas so we don't have to deal with him.

[Natsinpwc]

What kind of cap circumvention rules are there in mlb?  If Rendon is sure he only wants to play 5 years, could we offer a 7 year contract where he makes 200 in the first 5 years, and 2 million in the last 2 years?   Essentially giving him 40 million per year at less than 30 cap hit?   Defer some of that 200 million and they’re all set?

So you want him to get more money up front and then defer it? 

You can’t do that anyway.

[nfotiu]

So you want him to get more money up front and then defer it? 

You can’t do that anyway.

Why not?

Something like
Years 1-5   $40 million per year (15 million of which is deferred by 7 years)
Years 6-7    $1 million per year.

[Slateman]

So you want him to get more money up front and then defer it? 

You can’t do that anyway.

I don't think he means to defer it. I think he means front load it.

Say Rendon wants 200 million and only wants to play 5 years. Give him a 7 year contract for 210 million and allocate the money like this:
2020-2025: 40 million each
2026: 5 million
2027: 5 million

Rendon simply chooses to retire after the 2025 season, leaving money on the table. But he got what he wanted, and the AAV is calculated off the total length of the contract.

[Natsinpwc]

I don't think he means to defer it. I think he means front load it.

Say Rendon wants 200 million and only wants to play 5 years. Give him a 7 year contract for 210 million and allocate the money like this:
2020-2025: 40 million each
2026: 5 million
2027: 5 million

Rendon simply chooses to retire after the 2025 season, leaving money on the table. But he got what he wanted, and the AAV is calculated off the total length of the contract.

The end of his post says then we can defer some of that money.

The way he structured it they take a 40 million hit the first five years. Don’t see how that helps the team.

Harper took a big signing bonus his first year. That may be soemthing Rendon wants.

[Slateman]

The end of his post says then we can defer some of that money.

The way he structured it they take a 40 million hit the first five years. Don’t see how that helps the team.

Harper took a big signing bonus his first year. That may be soemthing Rendon wants.

It helps because the entire deal's AAV is based on the amount of money and the number of years.

So if it's 7 years, 210 million, that's a 30 million AAV.

[Natsinpwc]

It helps because the entire deal's AAV is based on the amount of money and the number of years.

So if it's 7 years, 210 million, that's a 30 million AAV.

I think there is an 80 percent rule that keeps you from doing that. Not sure how it works exactly.

[HalfSmokes]

The end of his post says then we can defer some of that money.

The way he structured it they take a 40 million hit the first five years. Don’t see how that helps the team.

Harper took a big signing bonus his first year. That may be soemthing Rendon wants.

NHL contracts used to do that all the time- the devils gave out a 17 year contract with the last 5 years at 550k to lower aav knowing the player would retire prior to those years actually taking effect

[Natsinpwc]

NHL contracts used to do that all the time- the devils gave out a 17 year contract with the last 5 years at 550k to lower aav knowing the player would retire prior to those years actually taking effect

I believe each year has to be at least 80 percent of the AAV. Eric Hosmer has a front loaded contract. $21 million the first few years and $13 million near the end.

The way to give more money is to give a big bonus in year one. That doesn’t count against AAV.

[Mattionals]

It helps because the entire deal's AAV is based on the amount of money and the number of years.

So if it's 7 years, 210 million, that's a 30 million AAV.

If there are deferrals though, the CBT AAV will go down, hence why the Nats always want to defer money.

[Natsinpwc]

If there are deferrals though, the CBT AAV will go down, hence why the Nats always want to defer money.

No. Sorry but the AAV is not impacted by deferrals. It only saves them cash.

[CoryTheFormerExposFan]

Here's my question...if the money is at least very close, where does Rendon prefer?  LA?  Texas?  DC?  There might not be 1 team that just blows the others out of the water with the dollars, so it's a matter of where he wants to play/live 7 or 8 months a year.

[expos1994]

Here's my question...if the money is at least very close, where does Rendon prefer?  LA?  Texas?  DC?  There might not be 1 team that just blows the others out of the water with the dollars, so it's a matter of where he wants to play/live 7 or 8 months a year.

If I had to guess, his home state of Texas. Or his home for many years, DC.

Although I think with a lot of these guys it's about the money. If he wants to win, he'd pick the Nats again. The rotation is just too good.

[bluestreak]

If signing Rendon means you lose Turner in free agency, do you do it?

[HalfSmokes]

If signing Rendon means you lose Turner in free agency, do you do it?

Absolutely

[Mattionals]

No. Sorry but the AAV is not impacted by deferrals. It only saves them cash.

But it does. Check Cots:

https://docs.google.com/spreadsheets/d/1Au_xTIni1eJbDGzravS1482wBbzN9DBQaOY1wwo2Mr0/edit#gid=1520401900

  * - a: Accounts for deferrals in 2019-21 salaries in Scherzer's contract                                       
  * - b: Deferrals in Strasburg's contract reduce his salary for AAV purposes by an undisclosed amount.                                       
  * - c: Deferrals in Corbin's contract reduce his salary for AAV purposes by an undisclosed amount.      

                                 

[JCA-CrystalCity]

But it does. Check Cots:

https://docs.google.com/spreadsheets/d/1Au_xTIni1eJbDGzravS1482wBbzN9DBQaOY1wwo2Mr0/edit#gid=1520401900                                 

I think it has to do with whether they are paying interest and net present value that is assumed.  that's how Scherzer's AAV is $28.7MM due to discounting.

[Natsinpwc]

But it does. Check Cots:

https://docs.google.com/spreadsheets/d/1Au_xTIni1eJbDGzravS1482wBbzN9DBQaOY1wwo2Mr0/edit#gid=1520401900

Technically you are correct. Not much though based on this article. Says his salary counted as $28.7 million for luxury tax purposes in 2019. Much more than the $15 million he was actually paid. But slightly less than the 30 million AAV.

http://natsbaseball.blogspot.com/2018/10/payroll-vs-luxury-tax.html?m=1

[Senatorswin]

If signing Rendon means you lose Turner in free agency, do you do it?
[/quote

No. Turners speed makes the difference.

[GNatsNoMore]

Boswell writes about why the Nats won't (and shouldn't) extend Rendon:

https://www.washingtonpost.com/sports/if-stephen-strasburg-staying-means-anthony-rendon-leaving-the-nationals-will-be-fine/2019/12/10/9749d0d0-1b80-11ea-8d58-5ac3600967a1_story.html

He basically says that Nats really shouldn't even spend $25 million on Donaldson.  He says they should spend the $38.6 million left under the luxury tax threshold on a first basemen, second basemen, third baseman and two new good relievers (the later part of Martinez's wish list).  He notes:
"To illustrate what all that might cost, the Nats could probably fill those voids with 2019 Nats — Ryan Zimmerman, Matt Adams, Hudson and either Asdrúbal Cabrera or Brian Dozier — for $20 million to $25 million. Then they would still have $15 million to try to upgrade their historically weak bullpen. Now that makes sense."

He also notes that the Nats will have to replace or re-sign Eaton, Sanchez, Doolittle, Kendrick and Suzuki after the 2020 season, and pay Turner and Soto a lot more a few years thereafter.

I would support bringing back FACE, Hudson and maybe Cabrera and a few good relievers.

[Five Banners]

Boswell writes about why the Nats won't (and shouldn't) extend Rendon:

https://www.washingtonpost.com/sports/if-stephen-strasburg-staying-means-anthony-rendon-leaving-the-nationals-will-be-fine/2019/12/10/9749d0d0-1b80-11ea-8d58-5ac3600967a1_story.html

He basically says that Nats really shouldn't even spend $25 million on Donaldson.  He says they should spend the $38.6 million left under the luxury tax threshold on a first basemen, second basemen, third baseman and two new good relievers (the later part of Martinez's wish list).  He notes:
"To illustrate what all that might cost, the Nats could probably fill those voids with 2019 Nats — Ryan Zimmerman, Matt Adams, Hudson and either Asdrúbal Cabrera or Brian Dozier — for $20 million to $25 million. Then they would still have $15 million to try to upgrade their historically weak bullpen. Now that makes sense."

He also notes that the Nats will have to replace or re-sign Eaton, Sanchez, Doolittle, Kendrick and Suzuki after the 2020 season, and pay Turner and Soto a lot more a few years thereafter.

I would support bringing back FACE, Hudson and maybe Cabrera and a few good relievers.

Or they can pop over the tax since they reset, not get crushed by it, and reset in two years.