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Everything posted by Dam8610
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I wish I lived in the universe where the Eddie DeBartolo led group was allowed to buy the White Sox.
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1 6 WAR season that then regressed to his mean of 3 isn't worth all these crazy packages I'm seeing, 3 years of control or not.
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I'm sad because I'll miss Abreu's annual clowning of Ron after he makes his annual Abreu doubting thread.
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1 year/$10 million with a $10 million team option and $2 million buyout is your 1 year/$12 million
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State of the White Sox
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I feel like "blow it all up" is simultaneously an unworkable bad option and the best option. Too many of these players' trade values have completely tanked.
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Anderson has already put up close to 5 WAR, Moncada did in 2019, Robert was supposed to be the next Mike Trout (that's why he was paid so much at 18), and Eloy was supposed to be an all bat 4 WAR guy. If you get 5 from Tim, 6 from Yoan, a bad Trout season from Robert (so like 8 ) and 4 from Eloy, that's 23.
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My phone autocorrected Moncada I see as I come back to look at the replies.
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Robert, Anderson, Montana, and Eloy were supposed to be giving this team 20-30 WAR. They provided 6.7 WAR. That's why this team wasn't in the playoffs.
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In paying the estate tax, Michael Reinsdorf will get a step up in basis to the current market value of the franchise, which will be whatever it is valued at on the estate tax return, so that when he sells, the capital gains tax will be near $0. If Jerry Reinsdorf sells now, he has to pay capital gains tax, then the estate has to pay estate tax on the proceeds. Using your $2 billion example above: Jerry's Capital Gains tax = $2 billion - $19 million = $1.981 billion x 20% capital gains tax = $396.2 million capital gains tax Jerry's estate tax on sales proceeds = $1.585 billion x 40% estate tax = $634 million Total tax paid = $1 billion+ (not counting state tax) If Michael sells the team, using $2 billion as the valuation and sale price: Jerry's estate tax on the franchise interest = $2 billion × 40% = $800 million Michael's capital gains tax on sale of franchise = $2 billion - $2 billion = $0 x 20% = 0 Total tax paid = $800 million (with no state tax paid) Obviously those numbers are for the full franchise and since he doesn't own the full franchise, the numbers would probably be less, but the tax savings would be similar.
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Estate tax hits either way. If he sells before he dies, it's capital gains tax AND estate tax. If taxes are the concern, maybe we could convince a Florida or Texas franchise to do a 1035 exchange with Jerry and get new ownership before he dies.
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To borrow from a famous local politician: YES WE CAN! Anyway, this entire season is worthy of a front office house cleaning, right? We surely didn't endure the latter half of the 2010s for this, did we? This got me thinking, if there is a new front office, which by all rights there should be, with all the holes they'll be looking at filling, while simultaneously having a roster with admittedly a lot of talent, would another rebuild be the best option? A lot could be had for Cease, Kopech, Vaughn, Anderson, Robert etc. You could probably also get some halfway interesting pieces for some of the other players as well. I think with a competent ownership group and front office, investing everything into scouting and development and starting over would be the obvious choice, which is why I'm hesitant with the current ownership group even if they did put a new front office in place.
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When the fanbase can, in foresight, predict which moves will be bad for the team, and the team does them anyway, that's my bar for replacing the front office. Go back and read what everyone here said about the Rodon decision at the time.
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If the White Sox trade for Carlos Rodon they have a chance
Dam8610 replied to CentralChamps21's topic in Pale Hose Talk
This makes too much sense, no way they do it. -
If the White Sox trade for Shohei Ohtani they have a chance
Dam8610 replied to caulfield12's topic in Pale Hose Talk
It's mind boggling to me that the Angels have quite possibly the 2 best players in baseball and cannot surround them with enough talent to even consistently break .500. -
If they're 2% better than the next best team, that sounds like they're an outlier that will regress to the mean.
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Here's to hoping he clowns you as he has every other year you've done this.
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Cleveland at Sox-Game one, 7:10 CT
Dam8610 replied to ScootsMcGoots's topic in 2022 Season in Review
Can't blame him, he had to K Naylor 3 times to get credit for it.