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Official Re-sign Paul Konerko Thread


JDsDirtySox

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QUOTE(BMac41 @ Nov 4, 2005 -> 12:02 PM)
We better have some as good as him to replace him if he doesn't comeback.

There aren't a lot of 40/100 guys laying around. We could in all likely hood replace some of his production but not all.

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QUOTE(SSH2005 @ Nov 4, 2005 -> 12:05 PM)
You do know that almost every player is just looking for the big bucks when they hit free agency, right?  It's usually their one big chance to cash in while they are in their prime.

Konerko's value will never be as high as it is right now. This is his one major payday for his career, he needs to take advantage of this moment.

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QUOTE(SSH2005 @ Nov 4, 2005 -> 12:07 PM)
BMac41 doesn't seem to understand this.  :huh

Every fan would love to believe that a good player that has been with their team for a while wants to stay in that city and continue to play for that team at a discounted price. Some people are able to convince themselves that this is the case where as others are able to understand that this is generally not the case.

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QUOTE(Steff @ Nov 4, 2005 -> 12:49 PM)
7 days to complete a deal before he can hear what the Angels (and others) have to say... My bet would be if they come to any terms it will be closer to Soxfest if at all.

 

I can't see Konerko signing with the Sox before he even gets a figure from another club, either.

 

Gotta root for that Manny Ramirez-to-the-Angels trade, which would suck up whatever Arte Moreno wants to spend for 2006.

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QUOTE(Kalapse @ Nov 4, 2005 -> 01:58 PM)
Just because he never said that he didn't want to be here doesn't mean that he wants to stay in Chicago, if someone offers more years + a bit more cash he'll sign with them. It's as simple as that.

Hopefully, the extra endorsement money available to him in Chicago - which won't be there in another city - will give the Sox a little boost. I saw an estimate of $2-$3 million in endorsements for Konerko (seems a bit high to me), which gooses the Sox's contract offer by a little bit. There's your hometown discount right there.

 

By the way, agents get single-digit fees on contracts, but get like 25% on endorsements/appearances. Landis has a reason to keep him in Chicago.

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what would you rather have...

say: 1 percent of 50 million + 25 percent of 3 million

or

say: 1 percent of 75 million?

 

---------

 

they both work out to equal the same amount of profit

so.. entrupt as you will.

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QUOTE(hi8is @ Nov 4, 2005 -> 02:32 PM)
what would you rather have...

say: 1 percent of 50 million + 25 percent of 3 million

or

say: 1 percent of 75 million?

 

---------

 

they both work out to equal the same amount of profit

so.. entrupt as you will.

 

Not quite the way the math works. It's more like this:

 

Agent share of contract=5% (4% sticks out in my head, but I'll use 5)

Agent share of endorsements=25%

 

Paulie endorsements in Chicago = $7.5 million over 5 years ($1.5 m/year)

Agent's share = $1.75 million

 

Paulie contract with White Sox (hypothetical)= 5 years/$65 million

Agent's share= $3.25 million

 

Total value to Paulie= $72.5 million

Total value to agent= $5 million

 

Paulie endorsements in LA (hypothetical)= $2.5 million over 5 years ($.5 m/year)

Agent's share= $0.625 million

 

Paulie contract with LA (hypothetical) = 5 years/$70 million

Agent's share=$3.5 million

 

Total value to Paulie= $72.5 million

Total value to Agent= $4.125 million

 

"Gee Paulie, don't you just love Chicago...why move?"

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QUOTE(hi8is @ Nov 4, 2005 -> 12:49 PM)
someone refresh my memory...

what did we offer maggs and what did he sign with detroit for?

i know we made the right decission with him, i just want to see the numbers again

 

was it 5/60 and 6/72?

I thought it was something like 5yrs/$14per that we offered him but my memory on the subject is kind of weak.

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