2023-24 free agency, trades, and signings

[Five Banners]

Sounds like Candelario to Reds

[imref]

Sounds like Candelario to Reds

deal is done per mlb.com (pending a physical)

[JCA-CrystalCity]

deal is done per mlb.com (pending a physical)

somebody around here predicted the terms - 3 years, $45 million, with a $15 million option for year 4. If that's a team option, then that's on the fringe of I might have offered, depending on how much the buyout adds.  If it ends up something like 3 years, $14 million, with a $15 million option or a $3 million buyout, then it is a nice deal for Candy. I've got to think the Nats got right up to the line, leading to the rumors the other night, but flinched. I can't blame them.

[JCA-CrystalCity]

Really curious now about Yamamoto, Imanaga, and Montgomery. I think one ends up in NYY, but they are in the highest "Steve Cohen" luxury tax penalty area for 2024 already.  Somebody like Yamamoto is going to cost his $25 million salary, plus a posting fee, plus another $15 million in luxury taxes, for a guy who hasn't played in MLB. But do you go $18-$20 million that Montgomery is going to cost, plus a $12-13 million luxury tax when you thought he was only worth Harrison Bader last year?

Edit - I'm way low on the luxury tax estimates. See the next post.

[JCA-CrystalCity]

Using Cot's current numbers, they estimate the NYY at ~$287 million for the CBT. The 3rd  threshold is $277 million, the highest threshold is at $297 million. They will be a 3rd time payer this year after resetting in 2021. 3rd time payer that crosses the 3rd threshold pays 95% (I think just on the amount over the 3rd threshold), and 110% over the 4th.

Using $287 million estimate, signing Yamamoto at $25 million would mean something like paying $9.5 million plus $16.5 million ($26 million) in taxes in addition to a posting fee paid to Yamamoto's NPB team. Assuming it's a $200 million contract, that's around $33 million (formula is 20% for 1st  $25 million, or $5 million, 17.5% for the next $25 million, or $4million and change, then 15% for the amount over $50 million). So, it's may be an additional $50 million or so on top of his salary to sign him, bringing the team to probably a $400 million in cash money out the door. 

https://docs.google.com/spreadsheets/d/1hl2xgQQReB8qPSoa2YAaDcBfkw0qYeFQFizVP3m2JZs/edit#gid=1520401900

[nobleisthyname]

BREAKING: Left-handed starter Eduardo Rodriguez and the Arizona Diamondbacks are in agreement on a four-year contract for around $20 million a year, pending physical, sources familiar with the agreement tell ESPN.

https://twitter.com/jeffpassan/status/1732609668017684576?t=sFQ1esZ2sOxJBCUP0CZX3g

[JCA-CrystalCity]

Braves flip Marco Gonzales to the Pirates.
https://blogs.fangraphs.com/pirates-add-veteran-throwback-gonzales-to-bolster-young-staff/

[Slateman]

Private jet chartered from LA to Toronto

Yusei Kikuchi reserves entire upscale sushi restaurant near Rogers Centre for tonight. Reservation made for 50+ people.


Ohtani going to the Jays

[JCA-CrystalCity]

Private jet chartered from LA to Toronto

Yusei Kikuchi reserves entire upscale sushi restaurant near Rogers Centre for tonight. Reservation made for 50+ people.


Ohtani going to the Jays

depends on the quality of the sushi. Does grayling and char make for good sushi?

[Natsinpwc]

Why would he want to pay Canadian taxes?  Just a ploy to get other teams to up their bids.

[Ali the Baseball Cat]

You haven't lived until you've eaten raw northern pike and pickled loon egg

depends on the quality of the sushi. Does grayling and char make for good sushi?

[Slateman]

Why would he want to pay Canadian taxes?  Just a ploy to get other teams to up their bids.

Do you really think he cares? He's Japanese.

[Ali the Baseball Cat]

He'll get a free Tommy John

Why would he want to pay Canadian taxes?  Just a ploy to get other teams to up their bids.

[Slateman]

He'll get a free Tommy John

Uh .... he's already had two . . .

[Slateman]

Its really an American thing to hate paying taxes. Largely because people rarely see the benefits. Or more precisely, they dont fully understand the benefits.

[Senatorswin]

You haven't lived until you've eaten raw northern pike and pickled loon egg

Now you've caused me to lose 5 pounds because I won't be able to eat for three days.

[Natsinpwc]

Its really an American thing to hate paying taxes. Largely because people rarely see the benefits. Or more precisely, they dont fully understand the benefits.

His agent is American.

[nfotiu]

Using a couple calculators on the internet, it looks like someone earning 50 million per year is taxed about the same in Ontario as they are in California.

[imref]

Morosi says ohtani decision is imminent

[Slateman]

His agent is American.

All his agent will care about is his 5%.  That comes out before taxes, not after.

[JCA-CrystalCity]

You haven't lived until you've eaten raw northern pike and pickled loon egg

He'll get a free Tommy John

[Lintyfresh85]

Actually like the Ohtani/Canada fit... I like it when non-traditional teams go big

[imref]

Brad Doolittle at ESPN predicts that the Dodgers essentially hand Yamamoto a blank check if Ohtani goes to Toronto. Passan says the same about the Mets.

[imref]

Nightengale says Ohtani hasn't made any decisions.

[Five Banners]

Nightengale says Ohtani hasn't made any decisions.

Waiting for a “mystery team” to arrive