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Post by inger on Mar 17, 2024 10:57:08 GMT -5
Kole Calhoun (35) has announced his retirement from baseball…
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Post by Max on Mar 17, 2024 12:31:49 GMT -5
The Dodgers, because of course they are.
Ohtani signing a deferred contract really helped the Dodgers out. |
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Post by azbob643 on Mar 17, 2024 12:32:45 GMT -5
Kole Calhoun (35) has announced his retirement from baseball… Thought he was injured at the OK Corral.... |
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Post by chiyankee on Mar 17, 2024 12:34:25 GMT -5
The Dodgers, because of course they are.
Ohtani signing a deferred contract really helped the Dodgers out. That and the idiotic way that MLB accounts for deferred contracts when it comes to salary tax. |
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Post by ypaterson on Mar 17, 2024 16:08:53 GMT -5
Ohtani signing a deferred contract really helped the Dodgers out. That and the idiotic way that MLB accounts for deferred contracts when it comes to salary tax. It was my understanding that MLB uses the "present value" of the money owed the player and allocates it equally over the years the player will be active on the roster. Am I "off base" ? |
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Post by 1955nyyfan on Mar 18, 2024 9:07:16 GMT -5
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Post by ypaterson on Mar 18, 2024 9:14:29 GMT -5
I'd be good with Lorenzen. Whether he ends the season at the end of the rotation of in the bullpen I think the guy is competient. I like the Yankees adding guys who have pitched in ballparks that play small and Philly meets that condition. |
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Post by chiyankee on Mar 18, 2024 9:30:16 GMT -5
That and the idiotic way that MLB accounts for deferred contracts when it comes to salary tax. It was my understanding that MLB uses the "present value" of the money owed the player and allocates it equally over the years the player will be active on the roster. Am I "off base" ? MLB does use the present value but in my opinion they shouldn't. The Dodgers agreed to pay Ohtani 700 million for 10 years of his service. The salary tax hit should be 70 million per year and it should be irrelevant when the team actually pays it. The Dodgers are cheating the tax with this fake 56 million dollar figure or whatever it is they are using. |
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Post by Max on Mar 18, 2024 10:14:58 GMT -5
Ohtani signing a deferred contract really helped the Dodgers out. That and the idiotic way that MLB accounts for deferred contracts when it comes to salary tax. Agreed. |
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Post by inger on Mar 18, 2024 10:51:48 GMT -5
It was my understanding that MLB uses the "present value" of the money owed the player and allocates it equally over the years the player will be active on the roster. Am I "off base" ? MLB does use the present value but in my opinion they shouldn't. The Dodgers agreed to pay Ohtani 700 million for 10 years of his service. The salary tax hit should be 70 million per year and it should be irrelevant when the team actually pays it. The Dodgers are cheating the tax with this fake 56 million dollar figure or whatever it is they are using. It’s (deferred contracts) a subject that should be addressed. The Ohtani deal is as much about him taking advantage of the tax laws in his country. This could become pervasive in signing the Japanese pitchers, giving them a leg up on getting higher paychecks and an advantage in free agency that non-Japanese players won’t have… |
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Post by chiyankee on Mar 18, 2024 20:30:30 GMT -5
It looks like Snell finally found someone to pay him. Didn't the Yankee offer 150 million over 5 years?
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Post by inger on Mar 18, 2024 21:19:41 GMT -5
It looks like Snell finally found someone to pay him. Didn't the Yankee offer 150 million over 5 years? The greed of Boros & Co… |
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Post by ypaterson on Mar 18, 2024 23:09:44 GMT -5
MLB does use the present value but in my opinion they shouldn't. The Dodgers agreed to pay Ohtani 700 million for 10 years of his service. The salary tax hit should be 70 million per year and it should be irrelevant when the team actually pays it. The Dodgers are cheating the tax with this fake 56 million dollar figure or whatever it is they are using. It’s (deferred contracts) a subject that should be addressed. The Ohtani deal is as much about him taking advantage of the tax laws in his country. This could become pervasive in signing the Japanese pitchers, giving them a leg up on getting higher paychecks and an advantage in free agency that non-Japanese players won’t have… From what got published the salary deferral is to allow Ohtani to "Dodge" the income tax levied by California and its local jurisdictions. When the money starts rolliing in he can move out and avoid the bill. It would work the same way for US born players. |
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Post by inger on Mar 19, 2024 3:08:36 GMT -5
It’s (deferred contracts) a subject that should be addressed. The Ohtani deal is as much about him taking advantage of the tax laws in his country. This could become pervasive in signing the Japanese pitchers, giving them a leg up on getting higher paychecks and an advantage in free agency that non-Japanese players won’t have… From what got published the salary deferral is to allow Ohtani to "Dodge" the income tax levied by California and its local jurisdictions. When the money starts rolliing in he can move out and avoid the bill. It would work the same way for US born players. Only if they leave the country though, right? And if their country doesn’t have a law to levy a tax on the money. Maybe Chi can help us out on that. He’s our expert on everything money… (watch him deny it)… chiyankee |
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Post by ill636 on Mar 19, 2024 7:56:31 GMT -5
It looks like Snell finally found someone to pay him. Didn't the Yankee offer 150 million over 5 years? The greed of Boros & Co… |
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