Ross Gload Fan Posted January 25, 2019 Share Posted January 25, 2019 So we still on for the party tonight? Link to comment Share on other sites More sharing options...
Bob Sacamano Posted January 25, 2019 Share Posted January 25, 2019 1 minute ago, SoCalSox said: IIRC, Machado has been pretty open about not liking the West Coast because it’s too far away from his family & friends in the DR. I don’t doubt the Padres are interested but at least for me, this doesn’t concern me. This may actually help get the price up where a deal can actually be closed sooner rather than later. This is all I want at this point. Thank God a new videogame came out today to distract me for the weekend from all of this. Link to comment Share on other sites More sharing options...
103 mph screwball Posted January 25, 2019 Share Posted January 25, 2019 72 degrees in San Diego right now. I'm interested in signing with the Padres. 1 Link to comment Share on other sites More sharing options...
ChiSox59 Posted January 25, 2019 Share Posted January 25, 2019 1 minute ago, 103 mph screwball said: 72 degrees in San Diego right now. I'm interested in signing with the Padres. For real tho. San Deigo is fucking awesome city. Easily one of my favs in the US. But living in CA and paying those taxes would be awful. 1 Link to comment Share on other sites More sharing options...
mqr Posted January 25, 2019 Share Posted January 25, 2019 3 minutes ago, Dick Allen said: If the Padres are in, there's a better chance Nightengale, Olney and Levine were pretty accurate, and the others....not so much. Then they won't be involved for long Link to comment Share on other sites More sharing options...
BigSexy23 Posted January 25, 2019 Share Posted January 25, 2019 Didnt someone mention that Manny hated the west coast? Link to comment Share on other sites More sharing options...
Dick Allen Posted January 25, 2019 Share Posted January 25, 2019 1 minute ago, 103 mph screwball said: 72 degrees in San Diego right now. I'm interested in signing with the Padres. Being a baseball player on the West Coast is a bit tougher. There is more travel. SD weather is nice, but Manny isn't there during the winter. He's from Miami so hot and humid is probably his thing. Chicago offers that during baseball season. Link to comment Share on other sites More sharing options...
Baron Posted January 25, 2019 Share Posted January 25, 2019 Padres have been an interesting team for the few years. They actually went out and got Hosmer. Link to comment Share on other sites More sharing options...
Soxbadger Posted January 25, 2019 Share Posted January 25, 2019 1 minute ago, Dick Allen said: I can't see a team going from 0 to $250 million. I would imagine if the Padres are suddenly in, it's at what we all thought would be laughably low when this thing started. My concern is that the reports of $175mil werent as crazy as people thought... Just now, BamaDoc said: If they were correct and were the only game in town, what should they have done? Continue to bid against themselves? Its not bidding. This isnt an auction where after going three times its sold to the highest bidder. Its a contract negotiation. Im not sure if you ever negotiated a deal like buying a house, but if a house is on the market for $500k and you offer $400k, 9/10 you dont just sit on your offer saying "im not bidding against myself." The 2 parties try to bridge the gap to get a deal that is mutually beneficial. Its all speculation, but if the Sox were the front runners, they should be working every day to bridge that gap and get the deal done, irrespective of other offers. Link to comment Share on other sites More sharing options...
BlackSox13 Posted January 25, 2019 Share Posted January 25, 2019 22 minutes ago, Baron said: https://www.sandiegouniontribune.com/sports/padres/sd-sp-padres-in-on-manny-machado-20190125-story.html The Padres are in Nah, the Padres aren't in. They just haven't read that tweet stating Machado will be announced today at Sox fest. Clearly the Padres are in denial. Link to comment Share on other sites More sharing options...
Baron Posted January 25, 2019 Share Posted January 25, 2019 Link to comment Share on other sites More sharing options...
Sleepy Harold Posted January 25, 2019 Share Posted January 25, 2019 Link to comment Share on other sites More sharing options...
Bob Sacamano Posted January 25, 2019 Share Posted January 25, 2019 Well, looks like they won't be in long then. Link to comment Share on other sites More sharing options...
SoxFan562004 Posted January 25, 2019 Share Posted January 25, 2019 If Sox wanted to get it done ASAP, they likely would have had to offer very close to the 300+ Manny was looking for, outside of that, there was no reason for him to take any offer right away, even if it's close to what he ends up getting. Link to comment Share on other sites More sharing options...
BamaDoc Posted January 25, 2019 Share Posted January 25, 2019 16 minutes ago, BamaDoc said: At 463 pages its time to introduce a new concept into the discussion. The new tax proposals being floated by a variety of announced candidates propose all kind of new rates on the rich which big time ballplayers will certainly fall into that category. This is not meant to be political but could be why we may see some new types of structures to these mega deals which would take a lot longer to work out. Structuring your contract for tax diversification. Example: May avoid some of the new proposed taxes on super rich which since some talk of 70-90% tax on over 10 million actually makes sense. (not trying to be political but for some of these guys it would make a lot of sense). If Manny gets AAV of 30 to make math easier, 70% tax on over 10 million, 30-10= 20x70%=14 million in tax on just that 20! It would make sense to pay the 20 out over time+/- interest. Maybe 7 million a year x3 years for each year you defer the 20. So 8 yr 240 million would actually be 10 million for 8 years then 7 million for 24 years. If you revert to previous top income tax rates of about 40%, he would save 6 million per year in taxes. If after the 8 years, you move to a state with no state income tax, the savings would be even greater. Also as we all have a great feeling about all politicians, once that on over 10 million tax is in place, you can expect politicians to move it lower and lower cause thats what they do! I wonder if you can have a yearly player option on having a portion of your salary deferred? In the above situation a stipulation of 30 or 10 with 20 deferred payable at 7 per for three years after contract ends. Would give the player some tax options. Shouldn't matter in first couple years so maybe a player would want a really front loaded contract? Think about it a player/agent probably would prefer front loaded. Link to comment Share on other sites More sharing options...
toasty Posted January 25, 2019 Share Posted January 25, 2019 20 minutes ago, BamaDoc said: At 463 pages its time to introduce a new concept into the discussion. The new tax proposals being floated by a variety of announced candidates propose all kind of new rates on the rich which big time ballplayers will certainly fall into that category. This is not meant to be political but could be why we may see some new types of structures to these mega deals which would take a lot longer to work out. Structuring your contract for tax diversification. Example: May avoid some of the new proposed taxes on super rich which since some talk of 70-90% tax on over 10 million actually makes sense. (not trying to be political but for some of these guys it would make a lot of sense). If Manny gets AAV of 30 to make math easier, 70% tax on over 10 million, 30-10= 20x70%=14 million in tax on just that 20! It would make sense to pay the 20 out over time+/- interest. Maybe 7 million a year x3 years for each year you defer the 20. So 8 yr 240 million would actually be 10 million for 8 years then 7 million for 24 years. If you revert to previous top income tax rates of about 40%, he would save 6 million per year in taxes. If after the 8 years, you move to a state with no state income tax, the savings would be even greater. Also as we all have a great feeling about all politicians, once that on over 10 million tax is in place, you can expect politicians to move it lower and lower cause thats what they do! 70%+ tax is not happening. Link to comment Share on other sites More sharing options...
joejoesox Posted January 25, 2019 Share Posted January 25, 2019 padres in on manny fyi Link to comment Share on other sites More sharing options...
Baron Posted January 25, 2019 Share Posted January 25, 2019 (edited) 2 minutes ago, soxfan2014 said: Well, looks like they won't be in long then. Why should the Padres take us seriously? Atleast there's some history that the Padres will actually pony up. Edited January 25, 2019 by Baron Link to comment Share on other sites More sharing options...
Chicago White Sox Posted January 25, 2019 Share Posted January 25, 2019 (edited) Gotta love Hahn spreading fake San Diego rumors to maintain the SoxFest surprise! Edited January 25, 2019 by Chicago White Sox 1 3 Link to comment Share on other sites More sharing options...
Princess Dye Posted January 25, 2019 Share Posted January 25, 2019 Padres?? 1 2 Link to comment Share on other sites More sharing options...
BlackSox13 Posted January 25, 2019 Share Posted January 25, 2019 2 minutes ago, Sleepy Harold said: Sure,why shouldn't they be interested as long as the 40% off sale continues. Link to comment Share on other sites More sharing options...
joejoesox Posted January 25, 2019 Share Posted January 25, 2019 1 minute ago, toasty said: 70%+ tax is not happening. marginal tax, but yeah not something that will happen with this congress Link to comment Share on other sites More sharing options...
IowaPG Posted January 25, 2019 Share Posted January 25, 2019 Bob nightengale is intelligent. I aspire to be atleast half the man he is. So stylish, so humble, so fascinating. So inspirational Link to comment Share on other sites More sharing options...
Rowand44 Posted January 25, 2019 Share Posted January 25, 2019 9 minutes ago, Sleepy Harold said: 2 Link to comment Share on other sites More sharing options...
Dick Allen Posted January 25, 2019 Share Posted January 25, 2019 2 minutes ago, IowaPG said: Bob nightengale is intelligent. I aspire to be atleast half the man he is. So stylish, so humble, so fascinating. So inspirational People can make fun of him all they want, but he's made a living covering baseball, something a lot of us wouldn't mind doing. 2 Link to comment Share on other sites More sharing options...
Recommended Posts