Come and get your $325 mil, it’s in the Brinks truck parked outside your front door.
Stanton, Marlins OK historic deal
They have a lot of young talent they are gonna have to pay up on in a few years…will be interesting to see how they deal with that kind of outlay long term.
Curt Schilling made some comments last night on ESPN. Effectively saying, good for the player that he’s able to make a boatload of money. However…
Nobody is the same player 10 years (much less 13 years) from now.
The Marlins don’t make much money from TV nor at the gate.
Stanton is a corner outfielder.
How will the fastball that hit him in the face affect him?
At least they’re giving a 25 year old a ridiculous contract instead of a 35 year old. Stanton will likely live up to half-to-two-thirds of the contract before his skills decline.
of course he’s playing in Miami, home of the neighborhood anti-aging clinic, so maybe he’ll get better over the life of the contract /only slightly pink
Just read an interesting analysis that says it will be good for the Marlins if Stanton takes the opt-out clause after 5 years. The gist of it was if he’s played well enough the next 5 years to think he’s worth more on the open market at age 30, then that bodes well for the Marlins and they ditch the most expensive years of the contract.
Just read an interesting analysis that says it will be good for the Marlins if Stanton takes the opt-out clause after 5 years. The gist of it was if he’s played well enough the next 5 years to think he’s worth more on the open market at age 30, then that bodes well for the Marlins and they ditch the most expensive years of the contract.
Absolutely. If he plays well for the next 5 then someone will be foolish enough to sign him for his 30’s. If he stays for the whole 13 years this will be an anchor for the team.
The Marlins are only thought to get around $13 - $15 million/year for their local TV deal (as opposed to the Dodgers who are thought to get $320+million). And Loria has not shown himself to be an owner with a lot of reliable long range plans. This deal has all the makings of a complete disaster for the team.
I think you’re kind of overlooking the time value of money, not only in the classic business sense, but also in sports with regards to salaries and salary caps. Someone else will get a ridiculous contract, worth more per year than Stanton, at some point. The salary cap will rise too. So at some point this insane deal will start to look less insane (maybe never normal).
The Nats (full disclosure, my team) paid Jayson Werth on a deal that many people laughed at. But now, several years later, it doesn’t even make the threshold of “what were they thinking?!?” deals.
Yes, 13 years is an insanely long time. But he can also always move to 1B once he can’t play the OF any more. And if you get 8 or 9 good years out of a 13 year deal, the team has basically “won.”
Also, look for this to become more of the trend. Scott Boras is really pushing these types of deals for his young players (ala Bryce Harper).
I don’t see any way the team wins, with ‘win’ defined as getting more performance or attendance value per dollar than a replacement contract.
Best case I see is they break even for 3 - 5 years. Hey, I’d love to see Stanton on the A’s. But not at that price. If the Marlins had the payroll flexibility of the Yankees or Dodgers maybe, but they don’t. If they don’t get full production from him they don’t have the room to bring in other talent.
As for Werth, 7 year deal, they are 4 years in and have two years of decent production. He is 35 with 3 years left. They certainly have not won on that contract. And when you factor in decline this really is not a good contract. If the Marlins do as well as the Nats have done I will be surprised.
I know $25 million doesn’t buy what it used to, but it will still be a giant contract 13 years from now.
Absolutely. If he plays well for the next 5 then someone will be foolish enough to sign him for his 30’s. If he stays for the whole 13 years this will be an anchor for the team.
The Marlins are only thought to get around $13 - $15 million/year for their local TV deal (as opposed to the Dodgers who are thought to get $320+million). And Loria has not shown himself to be an owner with a lot of reliable long range plans. This deal has all the makings of a complete disaster for the team.
Marlins have a new local TV contract coming up…they’re using this contract to leverage that deal.
Stanton will stick around for 6 years then make even more $ elsewhere.
How will the fastball that hit him in the face affect him?
This is the biggest thing I keep coming back to. I would have waited to see how he reacts in spring training and then once the season starts to see how comfortable he is facing live pitching again as well as how he handles a pitch that comes in high and tight. He wasn’t due to hit free agency yet so there was no real urgency to sign him to a mega-deal like this now, so I don’t think there would have been any harm in waiting before making such a huge financial commitment that could potentially be an albatross for the franchise if it doesn’t pan out. Justin Heyward has rebounded well from getting hit a few years back but players like Tony Conigliaro (save for one season when he hit 36 HR in 1970) and Dickie Thon were never the same afterwards. I hope it works out well for Stanton where he’s an exciting player to watch.
The Marlins made 43 mil last yr in their tv deal. Mlb struck a new deal that will boost each teams revenue by 25 mil.
A player is worth as much as a team is willing to pay. It sounds crazy yes, but let’s not forget the guys that own these teams didn’t get rich making terrible decisions.
Uh, maybe he won’t - http://espn.go.com/mlb/story/_/id/11897600/giancarlo-stanton-325m-miami-marlins-heavily-backloaded
“If Giancarlo Stanton opts out of his new 13-year, $325 million contract with the Miami Marlins after the first six seasons, he’ll be walking away from a staggering $218 million over the final seven seasons, sources familiar with the deal told ESPN.com Tuesday.”
IT’S A BACK LOADED DEAL! WTF ARE THE MARLINS THINKING!!!
Evidently Stanton wants to give them financial flexibility to make moves now. I think this now flips to an insanely good deal for Stanton. If he gets through the first six years, and he’s SHOT, then he stays in the deal. If he’s so overwhelmingly great he could do BETTER than 7 years $218M then he’ll go get it.
His agent is brilliant.
Wow, and the Marlins front office is almost as stupid as the taxpayers that funded that waste of space.
This contract sounds like pure insanity. These baseball deals continue to boggle the mind.
The Marlins made 43 mil last yr in their tv deal. Mlb struck a new deal that will boost each teams revenue by 25 mil.
A player is worth as much as a team is willing to pay. It sounds crazy yes, but let’s not forget the guys that own these teams didn’t get rich making terrible decisions.
The $13 mil is the local TV deal. At least according to Jerry Crasnick at ESPN. The $330+ million difference between the Marlins and the Dodgers (or Yankees or Red Sox) is why those teams can make bad deals and thrive.
The Marlins’ TV deal reportedly pays them $16-18 million a year, and some insiders say it’s closer to $13 million annually. The Dodgers, in contrast, will average $334 million a year over the life of their 25-year agreement with Time Warner Cable.
Jeff Loria will make money off of the Marlins. He will consider that a success. That is not the same as the Marlins producing a winning baseball team, which is what the fans would consider a success.
A team with a restricted payroll will not consistently produce winning teams with this kind of contract. The Marlins have a restricted payroll.
Go read mnbrotha’s comment. The “regional sports networks” are making most (not all) teams flush with cash, so there’s a bit of an arms race escalation with salaries.
Now if salary caps don’t go up…
Go read mnbrotha’s comment. The “regional sports networks” are making most (not all) teams flush with cash, so there’s a bit of an arms race escalation with salaries.
Now if salary caps don’t go up…
It’s odd to me that these regional team baseball networks are making teams money, given that MLBs TV ratings have been declining.
Do you mean MLB.tv, or just MLB in general?
MLB has done arguably the best job of the pro sports leagues in USA in digitizing its content, so they’ve done very well there. And I think the RSNs are doing well because not only are they getting the MLB team broadcast rights, but showing other sports content. Locally in DC, we have MASN (and MASN2) which shows Orioles and Nats games. But they also do CFB, basketball and other sports. It’s owned by the O’s and Nats…
I was talking more about the local networks like MASN, NESN, etc. I understand that they fill with other content because there isn’t 24/7 baseball, but they seem to ride on baseball, which has had declining TV ratings for awhile now.
Live events, sporting or other, are still the absolute best advertising mechanisms. So they do better than TV shows that get DVRd and YouTubed. Or at least that’s how it’s been explained to me.