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Post by bumper on Nov 4, 2024 9:44:41 GMT -5
alright so the deadline is today. surprising the yankees didn't jump right on this. the fact they're waiting brings up questions. would cole get $180mil/5yr on the open market. both verlander and scherzer injury problems started around age 37 with verlander needing TJs and max having a bunch of different injuries. while cole does have the elbow thing. will that be an eventual TJ where you lose him for 2 seasons. lots of miles on all 3 arms.
also what does it say about cole when he's willing to take a chance of walking away from the team he wanted to be from when he was a kid. was he so sure the yankees were gonna pick up that option. realize of course it's always about the money and loyalties mean nothing. anyway tick tock ...
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Post by bumper on Nov 4, 2024 9:49:38 GMT -5
I wonder if there's some creative math they can do with Cole. Instead of picking up the option and making it 5 years, $180M, would he take a 7 year, $210M deal with some deferrals? Depending on how much is deferred, the luxury tax number of that could be $10M or more less than the $36M his exercised option would be. So Hal saves the $10M in salary and the $15M in tax on top of that. And then you factor in the cash flow impact of the deferrals and Hal is saving even more. Assuming they put the funds towards Soto, they can potentially still add in the next 4 years. Then after that, all the salaries and dead money charges of Rodon/Stanton/Stroman/DJ/Hicks/Rizzo will be long gone and they'll really only have Judge/Soto/Cole on the books so they can try to rebuild with a more sustainable payroll model for Hal. the only problem with adding another year is that it's another year of wear on an arm that's already had a lot of wear and is a potential TJ in the waiting. and how has the added year thing worked out w DJ. get the short term benefits but it's double edged. |
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Post by chiyankee on Nov 4, 2024 10:08:17 GMT -5
I wonder if there's some creative math they can do with Cole. Instead of picking up the option and making it 5 years, $180M, would he take a 7 year, $210M deal with some deferrals? Depending on how much is deferred, the luxury tax number of that could be $10M or more less than the $36M his exercised option would be. So Hal saves the $10M in salary and the $15M in tax on top of that. And then you factor in the cash flow impact of the deferrals and Hal is saving even more. Assuming they put the funds towards Soto, they can potentially still add in the next 4 years. Then after that, all the salaries and dead money charges of Rodon/Stanton/Stroman/DJ/Hicks/Rizzo will be long gone and they'll really only have Judge/Soto/Cole on the books so they can try to rebuild with a more sustainable payroll model for Hal. the only problem with adding another year is that it's another year of wear on an arm that's already had a lot of wear and is a potential TJ in the waiting. and how has the added year thing worked out w DJ. get the short term benefits but it's double edged. I think 5 years is already a gamble with Cole, 7 is too much. You're just setting yourself up for another dead contract. |
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Post by yankeesfaninboston on Nov 4, 2024 10:57:53 GMT -5
Definitely understand it's a risk with more years for Cle. I'm proposing it more as a way to salvage the situation now than actually suggesting it's good overall business. I just feel like we're backed into a corner right now with being tied into such a high payroll already yet still so many holes to fill, with an owner who seems payroll conscious.
I just don't see how they get over the hump to actually winning it all in the next few years without some random home runs from the farm that the scouting reports don't point to unless Hal just goes crazy spending in free agency. And he seems reluctant to do so. Maybe pushing some money off on Cole gives him a little more flexibility to do so with keeping Soto and still adding. It'd still be only Judge/Soto/Cole on the books in a few years, and Soto should still be amongst the best hitters in baseball for a while. Maybe Judge and Cole are declining but that shouldn't be THAT crippling and at least they're worth the high salaries now.
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Post by cocopugg on Nov 4, 2024 12:26:56 GMT -5
what does it say about cole when he's willing to take a chance of walking away from the team he wanted to be from when he was a kid. Today's players only know and care about $$$...they left their pride from any certain team when they stopped being a kid. |
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Post by qimqam on Nov 4, 2024 14:52:14 GMT -5
I wonder if there's some creative math they can do with Cole. Instead of picking up the option and making it 5 years, $180M, would he take a 7 year, $210M deal with some deferrals? Depending on how much is deferred, the luxury tax number of that could be $10M or more less than the $36M his exercised option would be. So Hal saves the $10M in salary and the $15M in tax on top of that. And then you factor in the cash flow impact of the deferrals and Hal is saving even more. Assuming they put the funds towards Soto, they can potentially still add in the next 4 years. Then after that, all the salaries and dead money charges of Rodon/Stanton/Stroman/DJ/Hicks/Rizzo will be long gone and they'll really only have Judge/Soto/Cole on the books so they can try to rebuild with a more sustainable payroll model for Hal. I like the idea but I'd rather they make Burns that offer |
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Post by 1955nyyfan on Nov 4, 2024 16:41:50 GMT -5
Heyman just tweeted that Yanks and Cole are making positive steps toward a reunion. Sounds like it may be a bit more complicated than a simple y/n on the option?
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Post by bumper on Nov 4, 2024 16:43:06 GMT -5
stop the presses. according to heyman, cole's staying.
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Post by yankeesfaninboston on Nov 4, 2024 16:43:28 GMT -5
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Post by JEGnj on Nov 4, 2024 16:44:59 GMT -5
I guess within the next half hour we know what the Yankees think.
If I knew almost 100% we can lock up Burnes for 5-7 years I would say jump at that and let Cole go since he opted out.
BUT there at 30 teams that might go after Burnes and one might blow him away and we lose out. Cole can opt out and sign someplace else. Next year we are looking at Rodon the head case and Stroman and Cortes which are inconsistent and average at best.
Might have to lock up Cole instead of taking a chance because we know he can perform in NY.
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stu
AA
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Post by stu on Nov 4, 2024 16:45:04 GMT -5
Sounds like maybe they re-worked the deal? Hope he made himself more luxury tax friendly.
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Post by cocopugg on Nov 4, 2024 16:45:09 GMT -5
Back to the main focus...resign Soto, or expect Judge's numbers to fall next season. |
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stu
AA
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Post by stu on Nov 4, 2024 16:48:55 GMT -5
So it's like he didn't opt out, for now. But they are going to work on a different extension? Guessing more guaranteed $$/year(s) with a lower luxury tax hit.
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Post by yankeesfaninboston on Nov 4, 2024 16:51:52 GMT -5
Not sure what an extension would look like. I don't see why the Yankees would want to add years on the contract considering the 4 year term is set to expire when he's 37.
The only way I think it makes sense for the Yankees to add years onto the contract is if they're relatively low salaries that bring the AAV down, and thus the luxury tax number. Like if they added 2 years $30m onto the deal would his tax number go from $36M to $29M (calculated as a new total of $174M over 6 years)? Maybe that opens things up to sign an extra reliever?
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stu
AA
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Post by stu on Nov 4, 2024 16:53:54 GMT -5
Not sure what an extension would look like. I don't see why the Yankees would want to add years on the contract considering the 4 year term is set to expire when he's 37. The only way I think it makes sense for the Yankees to add years onto the contract is if they're relatively low salaries that bring the AAV down, and thus the luxury tax number. Like if they added 2 years $30m onto the deal would his tax number go from $36M to $29M (calculated as a new total of $174M over 6 years)? Maybe that opens things up to sign an extra reliever? And/or with some of the money deferred. Being on Team Keep Soto I am reading this as they're trying to make room for him. |
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