EvilMonkey Posted January 13, 2005 Share Posted January 13, 2005 I was wondering how come all the people on here, who constantly b**** and moan about the Sox putting deferred money into contracts (or at least trying to), haven't mentioned anything about Beltran having 28% of his total contract deferred? In the last 4 years of his contract, $8.5 million of the $18.5 he will be getting is deferred, for each of those years. Gee, sounds like a Reinsdorf contract, eh? I guess using dereffer money is an acceptable baseball practice, as long as it isn't the White Sox doing it. I hate Borassssss. Quote Link to comment Share on other sites More sharing options...
EvilJester99 Posted January 13, 2005 Share Posted January 13, 2005 They don't b**** about it because it doesn't help their bashing of JR... Quote Link to comment Share on other sites More sharing options...
southsider2k5 Posted January 13, 2005 Share Posted January 13, 2005 QUOTE(EvilJester99 @ Jan 13, 2005 -> 07:30 AM) They don't b**** about it because it doesn't help their bashing of JR... /\/\/\/\/\/\/\ Yeah, that. Quote Link to comment Share on other sites More sharing options...
Yossarian Posted January 13, 2005 Share Posted January 13, 2005 Easy explanations don't fly. Many teams offer deferred money, not just the White Sox. I'm not anything close to a financial whiz but Big League contracts can be highly complicated and nuanced. Problems with deferred money appear to have hurt the White Sox in the past. There is no question that JR does not have the best reputation with regards to contracts and this predates his ownership of the White Sox. To say that the Beltran contract definitely proves the benevolence of JR is pure nonesense. 24 years of the 87 years of futility belongs to his regime. That being said he can quiet the naysayers once and for all if the Sox actually win the WS. Then he will be like a conquering Roman general. For a guy that professes to value a WS ring more than his six Bulls rings that fact seems to be totally lost on him. Quote Link to comment Share on other sites More sharing options...
YASNY Posted January 13, 2005 Share Posted January 13, 2005 I don't like the idea of deffered contracts. I'd really hate it if we still had Jamie Navarro on the payroll. Back loaded contracts are more acceptable since the player is at still on team and giving you something for your overpayment of him. I can see situations where a backloaded contract would make sense. Quote Link to comment Share on other sites More sharing options...
EvilMonkey Posted January 13, 2005 Author Share Posted January 13, 2005 QUOTE(Yossarian @ Jan 13, 2005 -> 02:14 PM) To say that the Beltran contract definitely proves the benevolence of JR is pure nonesense. In no way, shape, or form was I trying to say or impy that, but to jab at the few people on here that seem to think JR is the only owner who pulls things like that. The contract in itself suprises me, since Borasss seems to really hate having his clients sign deals with deferred money. I seem to recall it not being good enough for mags. Well, Mags, you are no Beltran. Quote Link to comment Share on other sites More sharing options...
YASNY Posted January 13, 2005 Share Posted January 13, 2005 QUOTE(EvilMonkey @ Jan 13, 2005 -> 08:27 AM) In no way, shape, or form was I trying to say or impy that, but to jab at the few people on here that seem to think JR is the only owner who pulls things like that. The contract in itself suprises me, since Borasss seems to really hate having his clients sign deals with deferred money. I seem to recall it not being good enough for mags. Well, Mags, you are no Beltran. It wasn't good enough for Maggs because Boras always want to get his clients on the free agent market. Once he switched to Boras, there was no way in the Sox had a shot at signing him. Deferred money was just the excuse they used. Quote Link to comment Share on other sites More sharing options...
southsider2k5 Posted January 13, 2005 Share Posted January 13, 2005 QUOTE(YASNY @ Jan 13, 2005 -> 08:36 AM) It wasn't good enough for Maggs because Boras always want to get his clients on the free agent market. Once he switched to Boras, there was no way in the Sox had a shot at signing him. Deferred money was just the excuse they used. Even thought a few different sources have said their last 3 offers didn't include any different money. Quote Link to comment Share on other sites More sharing options...
Punch and Judy Garland Posted January 13, 2005 Share Posted January 13, 2005 I don't know the answer to this but is Beltran's money deferred with or without interest and over what time period.? Quote Link to comment Share on other sites More sharing options...
JUGGERNAUT Posted January 13, 2005 Share Posted January 13, 2005 The difference is short-term deferment vs long-term deferment. JR likes to make use of l-t d. Teams like the Yanks & Mets make use of s-t d. AZ made use of l-t d with RJ's first contract. They'll be paying him til he's in his 50's. NY made use of s-t d to fit RJ in such that they reduce their luxury tax costs. They will be paying RJ for 6 yrs. NYM did the same thing. Making use of s-t d to reduce luxury tax costs. Each passing yr from now until 2007 raises the bar for that cost. Quote Link to comment Share on other sites More sharing options...
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