The Most NIGHTMARE Contracts In Baseball
#mlb #baseball #sports
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48 Comments
Which one is the worst?
Yall need to consider the time value of money. For the most part, the teams benefit by prorating these contracts. Think about it like this: a million dollars today is worth ALOT more than a million dollars in the future b/c a dollar today can be invested and accrue interest/ produce returns. Reason why its better to take a lumpsum payment vs annuity if you win the lottery!
Every channel with the don't forget to to subscribe. How about if I want to I will and stop cyber begging.
Of course you didn't look at some of the really older contracts like that that Mike Hampton signed from the early phases of free agency. But considering what the average players were making the time these were all so highly ridiculous contracts that panned out really bad for various teams during the 1980s before the luxury tax
People act like Chris Davis and Bobby Bonilla are the only two players to ever get a deferred contract. There's been dozens of players who've done it going back to the 1980's. It's been a negotiation tactic for almost as long as there's been free agency. It seemed especially popular in the 90's. It's really a win-win, owners get to spread payments out over many years and the player gets a guaranteed paycheck for years after retirement.
A contract’s AAV is what goes against the luxury tax. Deferring just allows the club to pay a certain portion at a later date(s) and have more cash on hand at the current time. In this case is was to invest with Bernie Madoff.
Oops.
Honestly expected the D-backs and Madbum's albatross contract to popup
Really surprised you didn’t mention Patrick Corbin
Bonilla deal, while hilariously stupid (they literally end up paying him several times the value of his 6 million buyout), italso doesn't really matter to the mets financially. 1 million dollars is a drop in the bucket, even for the wilpons, let alone cohen. So I don't think it's the WORST.
So how many pitchers got great contracts because Spider Tack and now get rocked and aren't worth what they get for a single year?
Some of these wont look so bad when we are paying $75,000 for a loaf of bread thanks to inflation.
One thing i always wondered with deferred contracts was how does it affect the teams "reported payroll" like MLB doesnt have a Cap but they do have a payroll threshold 4:15 so Chris Sale for instance from 2024-2035 does his contract dissapear then in 2035 does his money still count toward the teams official payroll thats reported or is it just like part of the teams budget like a hitting coaches salary or whatever🤔
yo bro you gotta work on the background music, the background music in your videos has been getting progressively louder and at some points it was louder than you were in this video
You forgot Jacoby Ellsberry
These contract centric videos are great. They show how broken the free agency system is in baseball. It's borderline criminal. The MLBPA is a mafia organization. It's so broken and needs to be fixed.
Rendon sitting on the IL laughing
Keep producing the fire content!
Where’s Patrick Corbin
As a Yankees fan, I still think of that godawful Jacoby Ellsbury contract. That was absolutely brutal.
Is it too early to call the Christian Yelich contract a bad move on the part of the Brewers?
Jose berrios allowed the most runs and hits of any starter in the mlb last year. Only the first of seven years for $130 million. So happy that my team’s management are a bunch of crayon eaters
boo hoo billion dollar corporations loosing some change
Sale’s contract is weird and the Sox will
be paying him a long time, but despite bad luck with injuries the last two years and one uncharacteristic season the year before that at first ERA glance appears quite down (4.4 ERA despite a 3.39 FIP, 1.08 WHIP, 13.3 SO/9), he is just 34 and has a career 2.92 ERA, strikes out more people than most anyone, and finished top 6 in CY Young for SEVEN straight years before those unfortunate years. With how much people are getting paid nowadays, I’ll take a 34 year old with as good of career numbers as most any pitcher around for just $17m a year! I’d be very mad if we traded him.
I fully expect him to return to form. I do not think he is doomed for failure like some of the other examples here like Davis.
Bonilla still getting paid 🤣🤣🤣
Complaining about non subscribers watching your videos seems highly ungrateful
Jacoby Ellsbury has entered the chat….
I think the most embarrassing thing for the Tigers about Baez is that they are going to be done paying Cabreras ginormous contract in 2023. How do these baseball teams not learn their lesson overpaying for players?
Save some space for Correa here LOL
that javier baez strikeout compilation was sooooo brutal 😮 yikes
Uncle steve shits on Bobby
i though cohen gave bonilla an extension
Que cagada ese contrato de Stargburg
Well played Bonilla.
Strasburg has a World Series Ring and World Series MVP
Strausburg used to throw 100 and he got tommy John early on in his career
Bobby Boo, The Mets still pay you !!!!
the compilation of javy swinging at literally everything hurts to watch lol
This contract is the reason why it didn't surprise nobody that the Mets would follow their tradition of handing out atrocious contracts 🤣🤦♂️
I don't know if many people realize this, but the reason the Met's were confident to defer BB's payments at such a rate is because they had their money with Madoff. The Mets were "guaranteed" a rate of return well beyond prevailing interest rates so it made fiscal sense to defer the money. If Madoff's scheme were actually true, the Met's owners at the time would have made sizable profits on the spread between their return against deferred payments.
Great. I am happy for Bobby and Chris as individuals. I don't feel sorry for MLB teams that lose out on stupid long term business decisions.
What about Vernon wells, Carlos lee, Barry zito or Jason bay?
does the player feel shame in taking money while being useless? also does the organization resent the player knowing that they know that they have it made?
The title says it all
I love bing in the 60%
Did Javier dirty with that edit 🤣
So many of these videos involving deferred contracts miss the key point about a deferred contract. The lump sum is invested and the payments are done from interest on the lump sum and if done correctly and invested properly, benefit the team and the player.
It's important to make a distinction between toxic contracts and deferred contracts that are in fact not toxic.
As far as other famous deferred contracts, the reason Bobby bonilla's is so bad is because the specific investments his lump sum was tied up in expected to account for the interest payments to keep paying Bobby, were involved with Bernie Madoff. So basically the lump sum doesn't exist anymore and he's being paid directly out of pocket.
God i wish i could get paid not to go to work
Fun fact Bobby Bonilla also collects half a million from the Baltimore orioles from 2004 through 2028 every July first .