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The 7 - Baseball - Giancarlo Stanton is a rich man now Register and log in to post!
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StaggerLee
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#1 Posted on 17.11.14 1550.23
Reposted on: 17.11.21 1550.52
http://espn.go.com/mlb/story/_/id/11893223/giancarlo-stanton-miami-marlins-agree-13-year-325-million-deal

Seriously? How in the hell does this make sense to ANYBODY?
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Quezzy
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#2 Posted on 18.11.14 0927.32
Reposted on: 18.11.21 0929.01
I think it's funny that this contract includes a no-trade clause, as if anybody in the league would want to trade for that contract.
thecubsfan
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#3 Posted on 18.11.14 1118.48
Reposted on: 18.11.21 1119.16


Stanton gets a lot of money, so it makes sense for him. (Actually, Stanton gets a lot of money AND an opt out after five years, so if he even comes close to living up to this deal he can go get an even better one.)

In the short term, the Marlins try to rebuild some confidence with their fans - they're not just going to trade away everyone, they're going to build around Stanton, come buy some tickets! In the long term, ownership will have cashed out and the back end of the deal will be someone else's problem. (As will everyone else's deal escalating when they can use this as a comparison.) In the medium term, when they're not competitive and eveyrone points to this contract atking such a huge chunk of the available cash, that's probably not going to be a fun time for Stanton or the Marlins.
thecubsfan
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#4 Posted on 18.11.14 1421.20
Reposted on: 18.11.21 1421.27
To follow up on the "Loria's totally going to sell the team before he has to deal with the consequences of this deal", ESPN's reporting the contract as

2015: $6.5 mil
2016: $9 mil
2017: $14.5 mil
2018-2020: a total of $77mil (so averaging $25.6 mil/year)
(opt out is here)
2021-2028: a total of $218mil (so averaging $31 mil/year)

The Marlins are actually getting a discount on Stanton the next few years over what they'd have to pay him in aribitration; there's no reason they can't add more pieces around him right away (except maybe those pieces would have to choose to come to the Marlins.)

They kick all the problems down the road. It's so crazy backloaded that they've got to be hoping revenues continue inflating that $31mil (or 72% of last year's payroll!) isn't a big a deal as a chunk as it is now.

The only reasons they could be doing it this way are
* they plan on going for it over the next few years and were willing to heavily mortgage their future to build around Stanton around (and will have another fire sale around 2018)
* Loria is already planning on selling before this deal really kicks in and it'll be someone else's problem.

Both could be true. Both probably are a little bit true.
geemoney
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#5 Posted on 18.11.14 1823.43
Reposted on: 18.11.21 1824.04
FWIW, there's also a local TV deal coming up in 2017 or so (or they plan on renegotiating then). The deal they have now is said to be terrible so I'm assuming they're looking for a substantial raise there given their ratings are better than you'd think for the Marlins.
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