Jays release Tulo

[Orgfiller]

Yanks to cover for Didi?

 

There's this Machado guy they have their eye on.

[Brownie19]

There's this Machado guy they have their eye on.

 

He'll play 3rd when they trade Audujar for Thor.

[dineke]

So we passed on Tulo for Romero missing out on all his prime years but ended up paying for all of his decline. What a double whammy

[z3r0s]

So we passed on Tulo for Romero missing out on all his prime years but ended up paying for all of his decline. What a double whammy

 

this is f***ing hilarious. great take

[polar bear]

I will miss his presence being missed on the field.

 

Is that not a double negative ?

[Krylian]

Is that not a double negative ?

 

Or is it a double positive

[polar bear]

Or is it a double positive

 

Possibly,probably

[DigitalRock]

Tulo is a prick..says if he cannot play short he will go home...jays release him now says he will move to another position. Entitled arsehole. Good riddance.

 

On another note, The Diaz trade seems weird , don't get that one. He would have been a good stop gap till Bo is ready.

[Spanky99]

Time to move on. Tulo had little chance of playing. Jays may save a few mil if someone picks him up over 2 years. Maybe if he has a good year, 2020 he can make more and the Jays pay less. Not sure what happens with the option year. Perhaps someone can fill me in.

 

Martin should have been gone long ago. They may have to eat 18m or so, but then he is gone

 

Morales, they still need a DH. He is grossly overpaid but has some value - maybe at the deadline.

 

I think 2020 and 2021 will be very exciting (maybe not good, but exciting).

 

Maybe there could be a bit of a bidding war!

 

Tulo's a FA, we released him.

[justafan]

True. I thought that any team that picks him up reduces the $38m salary owed by whatever they pay Tulo. Also, would a new team (contract) not be responsible for his final option in 2021?

[Jimcanuck]

True. I thought that any team that picks him up reduces the $38m salary owed by whatever they pay Tulo. Also, would a new team (contract) not be responsible for his final option in 2021?

 

Nah, the ties to the Jays have been severed, other than the cheques. Tulo a free agent without conditions.

[justafan]

k. Appreciated.

[Abomination]

True. I thought that any team that picks him up reduces the $38m salary owed by whatever they pay Tulo. Also, would a new team (contract) not be responsible for his final option in 2021?

 

The first part is correct as far as I know. However, there's no incentive for Tulo and another team to pay anything more than the league minimum, so that's all it would be reduced by. I'm pretty sure the final option buyout is just sunk cost.

[Terminator]

Nah, the ties to the Jays have been severed, other than the cheques. Tulo a free agent without conditions.

 

Wait a second, so he could theoretically sign a 2 year 10 million dollar deal on top of it and the Jays would be on the hook for 38 mil and the new team pays Tulo an additional 10?

 

I thought whatever number he signs for reduces the amount the Jays owe him? Thus, his next offers will only consist of league min offers because it makes no difference to Tulo anyway.

[Jimcanuck]

Wait a second, so he could theoretically sign a 2 year 10 million dollar deal on top of it and the Jays would be on the hook for 38 mil and the new team pays Tulo an additional 10?

 

I thought whatever number he signs for reduces the amount the Jays owe him? Thus, his next offers will only consist of league min offers because it makes no difference to Tulo anyway.

 

you are likely correct, makes sense as otherwise the buyout would have been less than owed

[tazsub3]

you are likely correct, makes sense as otherwise the buyout would have been less than owed

 

ON espn, they sid if he signs, the blue jays bill gets lowered, dont know it true , but thats what they said

[KevinGregg]

However, there's no incentive for Tulo and another team to pay anything more than the league minimum, so that's all it would be reduced by.

 

As far as I know it's possible that there could be a bidding war for Tulo that would drive the price up beyond the veteran's minimum. Of course this usually (never?) happens but there's nothing stopping a team from giving Tulo an extra couple hundred thousand to convince him to sign with them, which would then be additional money the Jays dont have to pay him

[Abomination]

As far as I know it's possible that there could be a bidding war for Tulo that would drive the price up beyond the veteran's minimum. Of course this usually (never?) happens but there's nothing stopping a team from giving Tulo an extra couple hundred thousand to convince him to sign with them, which would then be additional money the Jays dont have to pay him

 

That's exactly the point though, it reduces what the Jays have to pay him. In other words, Tulo doesn't get the extra money, so why would he care?

[Spanky99]

So I see I'm wrong, I'm Dumn, sorry justafan on the bad info.

[BigBounceyBlueBalls]

ok ok now I am pretty sure whoever signs him

And for whatever they sign him reduces what the jays owe him salary wise to I believe !

So minimum it is !

 

But Grey area is what if the Team signing him

And to entice him gives him a signing bounus

Also could they add a clause or change the contact or does it say in force and is not allowed to be changed till it expires?

 

Ie. games played bonus , could they add that

To his contact if signing him ?

[John_Havok]

ok ok now I am pretty sure whoever signs him

And for whatever they sign him reduces what the jays owe him salary wise to I believe !

So minimum it is !

 

But Grey area is what if the Team signing him

And to entice him gives him a signing bounus

Also could they add a clause or change the contact or does it say in force and is not allowed to be changed till it expires?

 

Ie. games played bonus , could they add that

To his contact if signing him ?

 

The same money applies. Tulo cannot make more money than he is already guaranteed from his contract with the Jays. That's why he will not get anything from any other team other than a league minimum deal, because why would that team want to absolve the Jays of their financial responsibility? And why would they want to pay more than the minimum?

Edited December 14, 2018 by John_Havok

[KevinGregg]

That's exactly the point though, it reduces what the Jays have to pay him. In other words, Tulo doesn't get the extra money, so why would he care?

 

Ugh no doubt I dunno what I was thinking last night. Any offer would have to be above and beyond his salary this year to make any marginal difference to him and that would literally never happen for Tulo (though I suppose it could happen for a different player who was released by a team while under contract for a much smaller amount, if he was actually a good player who teams valued)

[John_Havok]

Ugh no doubt I dunno what I was thinking last night. Any offer would have to be above and beyond his salary this year to make any marginal difference to him and that would literally never happen for Tulo (though I suppose it could happen for a different player who was released by a team while under contract for a much smaller amount, if he was actually a good player who teams valued)

 

Good players that teams will value don't get released while making small amounts of money. They only get turfed when they are s***** on albatross deals.

[Spanky99]

Good players that teams will value don't get released while making small amounts of money. They only get turfed when they are s***** on albatross deals.

 

I'm curious to see how Tulo does with his heels healed and ankle. The move makes sense for Toronto in consideration of direction, but it could bite, there's always that chance. He's not that old.

 

Whoops... I mis-read that, agreed, my bad.

[Abomination]

I'm curious to see how Tulo does with his heels healed and ankle. The move makes sense for Toronto in consideration of direction, but it could bite, there's always that chance. He's not that old.

 

Whoops... I mis-read that, agreed, my bad.

 

I feel like there may be more to the Tulo move. It's possible the team really does feel he can't play anymore, but part of me wonders if there may be something related to taxes and accounting, particularly with the new business tax rates in the States. Maybe with them moving the front office to Dunedin, it has other implications. Perhaps they can claim more of the loss here or something which might be under Canadian code still for the 2018 tax year.

[Spanky99]

I feel like there may be more to the Tulo move. It's possible the team really does feel he can't play anymore, but part of me wonders if there may be something related to taxes and accounting, particularly with the new business tax rates in the States. Maybe with them moving the front office to Dunedin, it has other implications. Perhaps they can claim more of the loss here or something which might be under Canadian code still for the 2018 tax year.

 

Well, I have zero clue, about any of that. You smoking weed, Abom?

[TheHurl]

I feel like there may be more to the Tulo move. It's possible the team really does feel he can't play anymore, but part of me wonders if there may be something related to taxes and accounting, particularly with the new business tax rates in the States. Maybe with them moving the front office to Dunedin, it has other implications. Perhaps they can claim more of the loss here or something which might be under Canadian code still for the 2018 tax year.

 

That change did make teams pay a capital gains tax every time they added a more expensive player in trade so it's possible. But I still don't think they just hand Tulo money. He'll just remain on the bi-weekly team payroll for the next two years.

[Abomination]

That change did make teams pay a capital gains tax every time they added a more expensive player in trade so it's possible. But I still don't think they just hand Tulo money. He'll just remain on the bi-weekly team payroll for the next two years.

 

When they pay out the money in reality may not equate to what options they have for accounting for it in the corporate taxes though. I have no idea if that's the case or not, just something that popped into my head to try and explain what we saw along with the timing. I mean, we're talking about trying to find a vet SS as a stopgap now which will cost something as well. Either they truly believe Tulo isn't capable of being anything other than a complete disaster there anymore, or there's something else making this move beneficial to them.

[justafan]

So I see I'm wrong, I'm Dumn, sorry justafan on the bad info.

 

Never a problem. I'm just trying to understand.

[G-Snarls]