flavum Posted January 22, 2014 Share Posted January 22, 2014 QUOTE (NorthSideSox72 @ Jan 22, 2014 -> 09:30 AM) 7/155 with a player opt-out, plus another 20M to Japan? LOL, have fun with that NYY. You can have him. Yep. Just not in the Sox ballpark, and that's fine. If the comp is Dan Haren in his prime, then the Yankees are getting a good pitcher, but not worth that money. Quote Link to comment Share on other sites More sharing options...
pettie4sox Posted January 22, 2014 Share Posted January 22, 2014 So is Tanaka the number 1 in NY? Quote Link to comment Share on other sites More sharing options...
lasttriptotulsa Posted January 22, 2014 Share Posted January 22, 2014 QUOTE (Balta1701 @ Jan 22, 2014 -> 09:26 AM) And you only pay that tax rate when you're playing the game in that state, road tips get counted at the local state's rate, so there's lots of gimmicks going on and that's only a small portion of the difference in these deals. Really the only time it's worth mentioning state income tax in regards to professional contracts such as these is when a player goes to a state like Texas or Florida that has no income tax. Then roughly half their contract is state income tax free and that can be significant, but if you're talking a state being a couple percentage points higher than another it really doesn't make much difference to a player when they're making the kind of money they're making. Quote Link to comment Share on other sites More sharing options...
iamshack Posted January 22, 2014 Share Posted January 22, 2014 QUOTE (witesoxfan @ Jan 22, 2014 -> 07:14 AM) With the Rangers also paying a $51.7 mill posting fee, so in all, the Rangers commitment was for $111.7 million. That was also with them negotiating alone while Tanaka had multiple suitors. You can tell which is better for the player. Yeah, but I also think Darvish paved the way for this contract for Tanaka. Teams were looking at Tanaka as the next Darvish, and if you don't believe that, you are kidding yourself. Quote Link to comment Share on other sites More sharing options...
Dick Allen Posted January 22, 2014 Share Posted January 22, 2014 QUOTE (southside hitman @ Jan 22, 2014 -> 09:31 AM) Brutal either way, but you can only push so far. You assume that he pitches well enough to want to re-negotiate a contract that pays him like the a top five pitcher in all of baseball from his age 29-32 years. You also have to look at it if he needed an opt out after 4 years, is your team ready to win the next 4 seasons? If winning a WS isn't realistic the next 4 seasons, signing Tanaka and paying the fee makes less sense. Quote Link to comment Share on other sites More sharing options...
thxfrthmmrs Posted January 22, 2014 Share Posted January 22, 2014 QUOTE (Dick Allen @ Jan 22, 2014 -> 09:30 AM) If he sucks it's a 7 year deal. If he is awesome, it's a 4 year deal. If his performance is mixed, it depends on how good he was in 2016-2017. What is funny is all the speculation, all the fake information by supposed insiders who make their living being insiders, and in the end it winds up being almost exactly what was predicted when it first came out he may be posted. What's even funnier is people taking serious time in denying any rumors of Tanaka linking to other teams and trying just as hard to find any new rumors of Tanaka to Sox out there. This shouldn't have been a 160 page thread, it speaks volume to the number of irrelevant and overreacting posts in here. Quote Link to comment Share on other sites More sharing options...
lasttriptotulsa Posted January 22, 2014 Share Posted January 22, 2014 QUOTE (iamshack @ Jan 22, 2014 -> 09:34 AM) Yeah, but I also think Darvish paved the way for this contract for Tanaka. Teams were looking at Tanaka as the next Darvish, and if you don't believe that, you are kidding yourself. Agreed. If Darvish came over and flopped, you'd better believe Tanaka would have not gotten as good of a deal. Quote Link to comment Share on other sites More sharing options...
ChiSox_Sonix Posted January 22, 2014 Share Posted January 22, 2014 QUOTE (Lillian @ Jan 22, 2014 -> 10:21 AM) After the New York taxes, I wonder how much more Tanaka will actually receive, compared to the $120 Million which many of us conjectured was being offered. According to this site, his taxes based on his average yearly salary (22.143M), would be: NY: 1.941M CA: 2.230M IL: 664K Quote Link to comment Share on other sites More sharing options...
royoung Posted January 22, 2014 Share Posted January 22, 2014 QUOTE (Dick Allen @ Jan 22, 2014 -> 09:34 AM) You also have to look at it if he needed an opt out after 4 years, is your team ready to win the next 4 seasons? If winning a WS isn't realistic the next 4 seasons, signing Tanaka and paying the fee makes less sense. Yep. The way I see we have a 6 year window with our current roster construction. Correct me if I am wrong, but Sale, Abreu, Eaton, Garcia, Davidson, EJ, Semien, etc etc are all under team control for the next six seasons. That is why I believe Hahn felt comfortable offering six years at that price. But there is certainly other ways (and perhaps wiser) ways to upgrade the roster with that kind of money. Quote Link to comment Share on other sites More sharing options...
Chisoxfn Posted January 22, 2014 Share Posted January 22, 2014 That was a lot of money but the Yanks have it and they needed to spend it and I guarantee they'll bring in plenty of extra revenues through YES rights in Japan. Quote Link to comment Share on other sites More sharing options...
LittleHurt05 Posted January 22, 2014 Share Posted January 22, 2014 QUOTE (ChiSox_Sonix @ Jan 22, 2014 -> 09:37 AM) According to this site, his taxes based on his average yearly salary (22.143M), would be: NY: 1.941M CA: 2.230M IL: 664K I may be wrong, but I think he only pays that state's income tax for his home games. For road games, he pays state income tax for the state that game is in. Quote Link to comment Share on other sites More sharing options...
lasttriptotulsa Posted January 22, 2014 Share Posted January 22, 2014 QUOTE (ChiSox_Sonix @ Jan 22, 2014 -> 09:37 AM) According to this site, his taxes based on his average yearly salary (22.143M), would be: NY: 1.941M CA: 2.230M IL: 664K That's not exactly the way it works with players though. When the Yankees are playing the Sox at the Cell, Tanaka's check will be taxed at the Illinois level and so on. He will only be taxed at the ridiculous NY level when they are playing at home. Quote Link to comment Share on other sites More sharing options...
fathom Posted January 22, 2014 Share Posted January 22, 2014 I'm very content with this. Way too much for Sox to spend...and the Cubs don't get him. Quote Link to comment Share on other sites More sharing options...
Dick Allen Posted January 22, 2014 Share Posted January 22, 2014 QUOTE (lasttriptotulsa @ Jan 22, 2014 -> 09:37 AM) Agreed. If Darvish came over and flopped, you'd better believe Tanaka would have not gotten as good of a deal. Kaz Matsui being a huge flop helped the Sox get Iguchi for a song. Quote Link to comment Share on other sites More sharing options...
Kyyle23 Posted January 22, 2014 Share Posted January 22, 2014 QUOTE (Jose Abreu @ Jan 22, 2014 -> 09:28 AM) So is Hahn gonna comment on this or not? What does it matter? Quote Link to comment Share on other sites More sharing options...
lasttriptotulsa Posted January 22, 2014 Share Posted January 22, 2014 QUOTE (fathom @ Jan 22, 2014 -> 09:41 AM) I'm very content with this. Way too much for Sox to spend...and the Cubs don't get him. Yea it works out alright. It will be especially sweet now if he flops as the Yankees will be stuck with yet another ridiculous contract. Quote Link to comment Share on other sites More sharing options...
witesoxfan Posted January 22, 2014 Share Posted January 22, 2014 Per league rules, Hahn probably can't comment on it until it's official anyways. Quote Link to comment Share on other sites More sharing options...
lasttriptotulsa Posted January 22, 2014 Share Posted January 22, 2014 QUOTE (Dick Allen @ Jan 22, 2014 -> 09:42 AM) Kaz Matsui being a huge flop helped the Sox get Iguchi for a song. I really wanted the Sox to sign Kaz Matsui when he became available as I thought he would be pretty good.. Boy was I wrong on that one. Quote Link to comment Share on other sites More sharing options...
southsider2k5 Posted January 22, 2014 Share Posted January 22, 2014 QUOTE (ChiSox_Sonix @ Jan 22, 2014 -> 09:37 AM) According to this site, his taxes based on his average yearly salary (22.143M), would be: NY: 1.941M CA: 2.230M IL: 664K The IL numbers are old. They now pay 5% income tax instead of just 3%. Then you also have to add in City of Chicago and Cook County stuff. Quote Link to comment Share on other sites More sharing options...
southsider2k5 Posted January 22, 2014 Share Posted January 22, 2014 QUOTE (LittleHurt05 @ Jan 22, 2014 -> 09:40 AM) I may be wrong, but I think he only pays that state's income tax for his home games. For road games, he pays state income tax for the state that game is in. That is true. Quote Link to comment Share on other sites More sharing options...
Soxbadger Posted January 22, 2014 Share Posted January 22, 2014 (edited) QUOTE (lasttriptotulsa @ Jan 22, 2014 -> 09:41 AM) That's not exactly the way it works with players though. When the Yankees are playing the Sox at the Cell, Tanaka's check will be taxed at the Illinois level and so on. He will only be taxed at the ridiculous NY level when they are playing at home. This is correct. You are taxed where income id earned. So 81 games at NY rates, the rest at whatever state yankees played in. Edited January 22, 2014 by Soxbadger Quote Link to comment Share on other sites More sharing options...
witesoxfan Posted January 22, 2014 Share Posted January 22, 2014 QUOTE (iamshack @ Jan 22, 2014 -> 09:34 AM) Yeah, but I also think Darvish paved the way for this contract for Tanaka. Teams were looking at Tanaka as the next Darvish, and if you don't believe that, you are kidding yourself. Oh I absolutely agree. But, if MLB was using the old posting system, the Yankees probably win the bid at like $60-70 million, and Tanaka signs for considerably less (though perhaps a similar overall amount). If the Yankees bid $65 million and win, does it surprise anyone if the Yankees sign him for 6/$90? Quote Link to comment Share on other sites More sharing options...
ChiSox_Sonix Posted January 22, 2014 Share Posted January 22, 2014 QUOTE (LittleHurt05 @ Jan 22, 2014 -> 10:40 AM) I may be wrong, but I think he only pays that state's income tax for his home games. For road games, he pays state income tax for the state that game is in. QUOTE (lasttriptotulsa @ Jan 22, 2014 -> 10:41 AM) That's not exactly the way it works with players though. When the Yankees are playing the Sox at the Cell, Tanaka's check will be taxed at the Illinois level and so on. He will only be taxed at the ridiculous NY level when they are playing at home. QUOTE (southsider2k5 @ Jan 22, 2014 -> 10:44 AM) The IL numbers are old. They now pay 5% income tax instead of just 3%. Then you also have to add in City of Chicago and Cook County stuff. I know. It was more to make the point that tax ramifications probably didn't come into play at all. You'd be talking about a couple hundred grand one way or another. Quote Link to comment Share on other sites More sharing options...
Steve9347 Posted January 22, 2014 Share Posted January 22, 2014 (edited) QUOTE (SoxnGiants @ Jan 22, 2014 -> 09:12 AM) I believe that`s the 5th largest pitcher contract in league history. While Abreu`s deal looks like a bargain compared to what Tanaka got, how about Darvish. Generally thought to be the superior pitcher, he got (I believe) 6/60. Less than half. True, but he also came with an unlimited (and ultimately) $51.7 million dollar posting fee. It's not nearly as high as Tanaka, but still 6 years for $111.7 million comes out at almost $19 million per year. Edited January 22, 2014 by Steve9347 Quote Link to comment Share on other sites More sharing options...
iamshack Posted January 22, 2014 Share Posted January 22, 2014 QUOTE (witesoxfan @ Jan 22, 2014 -> 07:46 AM) Oh I absolutely agree. But, if MLB was using the old posting system, the Yankees probably win the bid at like $60-70 million, and Tanaka signs for considerably less (though perhaps a similar overall amount). If the Yankees bid $65 million and win, does it surprise anyone if the Yankees sign him for 6/$90? or 7/105? nope. Quote Link to comment Share on other sites More sharing options...
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