MrDollarBills wrote:SelbyCobra wrote:MrDollarBills wrote:So what prevents Steve Cohen offering Yamamoto a 500m contract with a massive deferment until 2030 or some crazy sh*t like that?
I know that deferment isn't exactly new but this is kinda nuts that this is even allowed. The Dodgers are circumventing the luxury tax.
Not really, it's simply the contract that Ohtani agreed to. What prevents it from being done is a player wanting to be paid that way.
Think of it like Ohtani agreeing to a10/$460M deal, but with a unique pay schedule. The "10/$700M" thing is just eyewash.
The big "problem" non Dodger fans are feeling here isn't actually the structure of the deal they're pointing to, it's that Ohtani signed an extremely team-friendly contract when everyone thought he'd get more. This really is about Ohtani simply taking less than expected in order to build a championship roster with his preferred team; it's not really nefarious or gaming the system.
I don't think it's nefarious at all, and Ohtani offered this deal to his other suitors, but it is indeed gaming the system because it blatantly allows the Dodgers to circumvent the competitive tax.
It's an exploit of the current system because there's no cap on how much salary can be deferred. Not sure if this is the precedent that MLB wants to set since there's probably like what, a handful teams that can afford to do this? This makes me scared to death of the Mets next offseason.
It's a loophole that needs to be closed during the next CBA.
He signed a $460M present day value deal - not $700M - and counts $46M each year against the LT - how is that gaming the system?
I'm not being obtuse here, I get what you are saying, but the problem most people are running into with this is that they heard "$700 million" and think that's a real number regarding his contract value. That number was basically brand advertising on social and traditional media for Shohei and his agent Joel Wolfe - there's a reason it was so perfect and even at exactly $700; it creates shock, awe, and adds to a growing, Bunyonesque legend. But it was never real money in the context that we understand traditional sports contracts.
And there are more teams than not that can afford to do this - it isn't a rich teams only thing. This structure benefits the team, not the player; it doesn't cost more, it costs less and allows greater financial flexibility in terms of cashflow, ability to operate in the present, AND prepare for the future.