2024 MLB Hot Stove

[Hornets]

The Angels did nothing with this guy in the lineup. Was it worth it? I suppose he helped increase ticket sales and lots of merchandise sales, but if their goal was to win a championship they failed miserably.

[Hoop Dreams]

[jffl_commish]

The only Twins news revolves around them shedding more salary. Super.

[Hornets]

If Jorge can bring us a number 2 or 3 starter in return that's about the best we can expect.

[D_H]

We should have kept Sonny no reason to let him go with a terrible message to send your fan base

[feekdogg]

Ohtani to the Dodgers.
10 years 700 million.

[weimy froob]

Ohtani to the Dodgers.
10 years 700 million.

ugh. i guess LK will be happy though.

[jffl_commish]

I'm sure the Twins were close on Ohtani.

[feekdogg]

It is obviously an insane amount of money out. I wonder what they project as increased revenue directly or indirectly related to signig him.

[Ask Not]

It is obviously an insane amount of money out. I wonder what they project as increased revenue directly or indirectly related to signig him.

And what's the cost had he gone to the Giants or another rival?

[The Lizard King]

Ohtani to the Dodgers.
10 years 700 million.

ugh. i guess LK will be happy though.

Kind of. It's a lot of money to spend on one player. Not sure how the other "superstars" (ie. Betts and Freeman) will react to having someone on the payroll who makes 3-4x as much as they do.

[The Lizard King]

It is obviously an insane amount of money out. I wonder what they project as increased revenue directly or indirectly related to signig him.

And what's the cost had he gone to the Giants or another rival?

I would've committed seppuku.

[The Lizard King]

Can any strong baseball minds tell me what the hell is going on here?

[Phil Leotardo]

Can any strong baseball minds tell me what the hell is going on here?

I assume it's just LA clearing roster space. They probably want to get at least a chance of something in return, instead of just releasing the 2 players in question. But I could be wrong.

[The Lizard King]

Can any strong baseball minds tell me what the hell is going on here?

I assume it's just LA clearing roster space. They probably want to get at least a chance of something in return, instead of just releasing the 2 players in question. But I could be wrong.

That's what I've come to learn too. Thank you.

[ForCaleb]

Ohtani to the Dodgers.
10 years 700 million.

ugh. i guess LK will be happy though.

Kind of. It's a lot of money to spend on one player. Not sure how the other "superstars" (ie. Betts and Freeman) will react to having someone on the payroll who makes 3-4x as much as they do.

Well, they're halfway there. All they need to do is throw 150 IP with a 3.00 ERA

[Hoop Dreams]

Should this be allowed?

[weimy froob]

Should this be allowed?

was just going to post this. i wonder what the cash now offers were? the guy is probably still going to be making 10-20 million a year with the endorsements and has a hundred million dollars in the bank already--but that's a huge amount of the salary to be deferred.

[j-one]

Should this be allowed?

was just going to post this. i wonder what the cash now offers were? the guy is probably still going to be making 10-20 million a year with the endorsements and has a hundred million dollars in the bank already--but that's a huge amount of the salary to be deferred.

He gets to work in CA and pay high taxes on the $2M per year but can move elsewhere (probably South Dakota!) once the big $ kicks in and save ~$10m per year.

[weimy froob]

Should this be allowed?

was just going to post this. i wonder what the cash now offers were? the guy is probably still going to be making 10-20 million a year with the endorsements and has a hundred million dollars in the bank already--but that's a huge amount of the salary to be deferred.

He gets to work in CA and pay high taxes on the $2M per year but can move elsewhere (probably South Dakota!) once the big $ kicks in and save ~$10m per year.

i thought about that but i don't know if that works. maybe--but i think you have to pay taxes in the state where you earn the money. you could be right though.

[weimy froob]

i just read something where deferred payments are not viewed as salary--but as a bonus--so where you live would be your tax rate. he won't be living in california when he gets these would be my guess.

[D_H]

i just read something where deferred payments are not viewed as salary--but as a bonus--so where you live would be your tax rate. he won't be living in california when he gets these would be my guess.

The government taxes bonuses at a much higher level.

[weimy froob]

i just read something where deferred payments are not viewed as salary--but as a bonus--so where you live would be your tax rate. he won't be living in california when he gets these would be my guess.

The government taxes bonuses at a much higher level.

maybe. there's a california law that says that if you defer your income for 10 or more years and you're not living in the state then they can't tax that money.

[D_H]

i just read something where deferred payments are not viewed as salary--but as a bonus--so where you live would be your tax rate. he won't be living in california when he gets these would be my guess.

The government taxes bonuses at a much higher level.

maybe. there's a california law that says that if you defer your income for 10 or more years and you're not living in the state then they can't tax that money.

Ok. I’m just my work bonus I get once a year for sales I’ve created. I only get 58% of it the government gets the rest!!

[D_H]

i just read something where deferred payments are not viewed as salary--but as a bonus--so where you live would be your tax rate. he won't be living in california when he gets these would be my guess.

The government taxes bonuses at a much higher level.

maybe. there's a california law that says that if you defer your income for 10 or more years and you're not living in the state then they can't tax that money.

Ok. I’m just my work bonus I get once a year for sales I’ve created. I only get 58% of it the government gets the rest!!

[bubu dubu.]

The government taxes bonuses at a much higher level.

maybe. there's a california law that says that if you defer your income for 10 or more years and you're not living in the state then they can't tax that money.

Ok. I’m just my work bonus I get once a year for sales I’ve created. I only get 58% of it the government gets the rest!!

Bonuses get taxed at the same rate as regular earnings unless you are below the 22% bracket (if you are, then bonuses are taxed 22%). If they took more, its because the bonus would have caused you to jump a tax bracket.

[feekdogg]

Giants president claims they made Ohtani an offer that was "nearly identical", but I'd guess that's more damage control than anything else.
Then they went out and gave Korean league star Jung Hoo Lee $113 million over 6 years.
Twins seem to have zero interest in signing players from Korea/Japan after how hard they got burned by Nishioka and Park.

[bubu dubu.]

Giants president claims they made Ohtani an offer that was "nearly identical", but I'd guess that's more damage control than anything else.
Then they went out and gave Korean league star Jung Hoo Lee $113 million over 6 years.
Twins seem to have zero interest in signing players from Korea/Japan after how hard they got burned by Nishioka and Park.

Twins also signed Nishioka and Park when they were late in their 20s and had zero patience for them.

[Hornets]

Giants president claims they made Ohtani an offer that was "nearly identical", but I'd guess that's more damage control than anything else.
Then they went out and gave Korean league star Jung Hoo Lee $113 million over 6 years.
Twins seem to have zero interest in signing players from Korea/Japan after how hard they got burned by Nishioka and Park.

Twins also signed Nishioka and Park when they were late in their 20s and had zero patience for them.

Not going to take the time to find out but I'm curious how their baseball careers went after leaving Minnesota.

[Phil Leotardo]

Giants president claims they made Ohtani an offer that was "nearly identical", but I'd guess that's more damage control than anything else.
Then they went out and gave Korean league star Jung Hoo Lee $113 million over 6 years.
Twins seem to have zero interest in signing players from Korea/Japan after how hard they got burned by Nishioka and Park.

Twins also signed Nishioka and Park when they were late in their 20s and had zero patience for them.

Not going to take the time to find out but I'm curious how their baseball careers went after leaving Minnesota.

Park still plays in Korea. Both of them went back home and were mostly fine players, just not up to the level of MLB competition.