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Posted
lol... very strange. I wasn't aware Cohen lost a couple billion, holy s***?

 

The Mets always find a way to make things interesting...

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Posted
2 years $80M

 

3 years $105M

 

4 years $120M

 

No way, he doesn't have that market. Or does he??? I haven't heard any news other than no one is close to his ask... which seems outrageous at this time.

Posted
That would be a dream number but I'd imagine other teams can easily match or beat that. I think it takes 3/100.

 

You simply cannot imagine how truly, thoroughly, spectacularly out I am at that number.

Posted
There is a possibility those Reddit nerds just pissed Cohen off and he could take his frustration out by paying Bauer an outrageous sum of money on a short term deal

He can certainly afford it.

He lost $2.7 billion to GME, but he's still worth $14.6 billion

Posted
He can certainly afford it.

He lost $2.7 billion to GME, but he's still worth $14.6 billion

 

Losing like 20% of your net worth whether it's temporary or not is a massive hit to anyone. You don't go around throwing your money in other places for fun at a time like this.

Posted
You simply cannot imagine how truly, thoroughly, spectacularly out I am at that number.

 

Yeah, isn't 34M AAV his initial asking price?

 

I don't think so, no way he gets that.

Posted
Yeah, isn't 34M AAV his initial asking price?

 

I don't think so, no way he gets that.

 

It sounded like he really wanted to set the record for AAV for a pitcher on a short term deal. Now whether that was reasonable or not is debatable but with him being the only ace on the market, there was a chance it could happen.

 

With his most likely suitor (Mets) possibly being out now, wonder who will step up.

Posted
It sounded like he really wanted to set the record for AAV on a short term deal. Now whether that was reasonable or not is debatable but with him being the only ace on the market, there was a chance it could happen.

 

With his most likely suitor (Mets) possibly being out now, wonder who will step up.

 

36 - 40M 1 year gets it done... :P

 

Likely LAD/NYM/TBJ and SFG, would be in on that.

Posted
36 - 40M 1 year gets it done... :P

 

I wouldn't mind having Bauer make up 25% of our payroll. I think we just came off a season where Grichuk/Roark did the same for us last year lol.

Posted
That would be a dream number but I'd imagine other teams can easily match or beat that. I think it takes 3/100.

 

1 year at $40M.

 

Or 5 years @ $150M. $50M, $40M, $20M, $20M, $20M. (AAV $30M for salary cap provisions). Throw in a $10M signing bonus, AAV $32M.

Posted
No way, he doesn't have that market. Or does he??? I haven't heard any news other than no one is close to his ask... which seems outrageous at this time.

 

He's exactly the type of player this team needs to be a true WS contender. This is our window and 2-4 years is short enough to mitigate the risk. That deal is essentially done by the time we have to extend the core.

Posted
He's exactly the type of player this team needs to be a true WS contender. This is our window and 2-4 years is short enough to mitigate the risk. That deal is essentially done by the time we have to extend the core.

 

I tend to agree. We will never be able to acquire an Ace at this price in a normal year. Dodgers, Yankees, Red Sox, Cubs etc. Would usually put us out of the bidding.

 

Just don't see it happening after shatkins' comments saying the heavy lifting is done.

Posted
He's exactly the type of player this team needs to be a true WS contender. This is our window and 2-4 years is short enough to mitigate the risk. That deal is essentially done by the time we have to extend the core.

 

What's this window talk I'm hearing? Seriously though, no need to be careless with our future budget. I'd love the guy too, you know that, but chucking money around could be dangerous AF, 1 or 2 years with a high AAV would be different, though.

Posted
What's this window talk I'm hearing? Seriously though, no need to be careless with our future budget. I'd love the guy too, you know that, but chucking money around could be dangerous AF, 1 or 2 years with a high AAV would be different, though.

 

We have a few years before our core young guys need to get paid themself. That will severely limit what we can do on the free agent market.

 

Look at Houston, they're having a hard time keeping their current guys let alone adding new talent to their team.

Posted
He can certainly afford it.

He lost $2.7 billion to GME, but he's still worth $14.6 billion

 

Just goes to show you how financially illiterate people are. Cohen didn't lose $2.7 billion. Melvin Capital did. Of which Cohen had $1 billion in there. Melvin lost 30%, so Cohen lost a few hundred million. He then put in $2.7 billion to bail the hedge fund out, likely at vulture prices. He'll make his money the instant the fund rebounds 10%.

 

His loss comes from thousands of people trolling him with only Mets fans for support. He tried, and failed, to be the next cool rich guy on social media. He did have that one up on Heyman though so he will always have that.

Posted
Just goes to show you how financially illiterate people are. Cohen didn't lose $2.7 billion. Melvin Capital did. Of which Cohen had $1 billion in there. Melvin lost 30%, so Cohen lost a few hundred million. He then put in $2.7 billion to bail the hedge fund out, likely at vulture prices. He'll make his money the instant the fund rebounds 10%.

 

His loss comes from thousands of people trolling him with only Mets fans for support. He tried, and failed, to be the next cool rich guy on social media. He did have that one up on Heyman though so he will always have that.

 

This is one trade. Cohen's net worth is largely driven by the assets managed by his hedge fund, which are down 10% to 15% this month. It's not wrong to say his net worth has declined more than a billion. It can come back just as quick, but it's down. When rich people lose money they could pull assets causing further downward valuation on the hedge fund.

Posted
Just goes to show you how financially illiterate people are. Cohen didn't lose $2.7 billion. Melvin Capital did. Of which Cohen had $1 billion in there. Melvin lost 30%, so Cohen lost a few hundred million. He then put in $2.7 billion to bail the hedge fund out, likely at vulture prices. He'll make his money the instant the fund rebounds 10%

Okay bro. I was merely quoting the NY Post.

 

But thanks for clarifying

Posted

Not sure this has been posted but its a write up from a New York Paper that claims Jays should maybe be considered a revenue sharing team.

 

 

https://www.nydailynews.com/sports/baseball/ny-madden-blue-jays-20210130-yuqxdwepcvahtneuhitq3dr3bu-story.html?fbclid=IwAR1pi8DmeIT_qYlysrwvUZTmiDmbkELug1pEhSNq09wXWteWDttzZS9BFTk

 

How in the world are the Blue Jays paying for all their offseason acquisitions?

 

This has been quite a winter for the Toronto Blue Jays, a team without a home. The $189.7 million they’ve so far spent on six new acquisitions, center fielder George Springer, infielder Marcus Semien, starting pitchers Robbie Ray and Steven Matz, and relievers Kirby Yates, Tyler Chatwood, has got baseball all abuzz.

 

But while the Blue Jays’ aggressiveness during a time when baseball remains under a cloud of financial uncertainty because of the COVID-19 pandemic may have gotten their fan base super hyped, rival clubs who have been forced to scale back their winter aspirations dramatically after incurring substantial losses in 2020, are wondering just how the Blue Jays are paying for all this?

 

Just about every team in baseball lost about $100 million last year due to the shortened season and the absence of fans in the stadiums. There were virtually zero revenues from ticket sales and concessions while TV and radio revenues were reduced by nearly two-thirds and will require rebates from the clubs to their networks for the lost games. Even though MLB continues to insist spring training will be starting on time, there is no certainty about that or when fans will be allowed in the stadiums. In the case of the Blue Jays, because of the Canada travel ban, even if the season is able to start on time, they will likely have to be playing their home games in their spring training ballpark in Dunedin which seats approximately 6,000 at full capacity.

 

The Blue Jays are justifying their spending binge on the fact that they needed to supplement their budding young nucleus, shortstop Bo Bichette, first baseman Vlad Guerrero Jr., third baseman Caban Biggio and outfielders Lourdes Gurriel Jr. and Teoscar Hernandez — whose service clocks are all ticking — in an effort to make a few deep postseason runs while they’re all still in their primes and affordable. Even though they are owned by the multi-media colossus Rogers Communications, the Blue Jays do not presently pay revenue sharing because their revenues are based on what the team itself generates.

 

There is speculation that Rogers Communications, which also owns the TV and radio rights to the Blue Jays games, forgave the rebate owed them by the team for the loss of all the games last year, which was as much as $75-100 million. If so, that would be considered outside revenue, and it’s understandable if the rest of the teams in baseball — particularly the large market clubs like the Yankees, Mets, Phillies, Red Sox and Cubs who will be paying revenue sharing in 2021 — could be feeling they have subsidized all this Blue Jay spending this winter.

 

 

There is a mechanism called a related party review for which MLB examines all the teams’ revenue streams in determining the revenue sharing payers. Because there were no revenues in 2020, it was decided revenue sharing for 2021 would be based on the average of the clubs’ revenues for the ’17-’18-’19 seasons. However, other teams are said to be asking for a review of the Blue Jays’/Rogers situation: Specifically, if Rogers Communications, the Blue Jays’ holding company, is allowed to plow unlimited amounts of money into the team, that is considered revenue and subject to revenue sharing. Otherwise, the Yankees, Red Sox and Dodgers could have the same thing this winter with their respective partially-owned networks, YES, NESN and SportsNET LA.

 

I’m told the six years/$150 million the Jays gave Springer particularly consternated other clubs since, despite bidding against themselves once Steve Cohen and the Mets reportedly dropped out at six years /$120 million, the Jays still gave Springer the number he was asking for.

 

Meanwhile, for all their splashy additions, even the Jays themselves are conceding they need two more proven starting pitchers to back up Hyun Jin Ryu if they are to make a serious run into the postseason this year. Until proven otherwise, both Matz and Ray, with all their inconsistencies, remain projects for Jays’ highly regarded pitching coach Pete Walker. The Jays have remained engaged with the ever-tantalizing but much injured James Paxton, who they originally drafted but failed to sign in the first round of the 2009 draft, and they also continue to talk with Jake Odorizzi.

Posted
Not sure this has been posted but its a write up from a New York Paper that claims Jays should maybe be considered a revenue sharing team.

 

 

https://www.nydailynews.com/sports/baseball/ny-madden-blue-jays-20210130-yuqxdwepcvahtneuhitq3dr3bu-story.html?fbclid=IwAR1pi8DmeIT_qYlysrwvUZTmiDmbkELug1pEhSNq09wXWteWDttzZS9BFTk

 

How in the world are the Blue Jays paying for all their offseason acquisitions?

 

This has been quite a winter for the Toronto Blue Jays, a team without a home. The $189.7 million they’ve so far spent on six new acquisitions, center fielder George Springer, infielder Marcus Semien, starting pitchers Robbie Ray and Steven Matz, and relievers Kirby Yates, Tyler Chatwood, has got baseball all abuzz.

 

But while the Blue Jays’ aggressiveness during a time when baseball remains under a cloud of financial uncertainty because of the COVID-19 pandemic may have gotten their fan base super hyped, rival clubs who have been forced to scale back their winter aspirations dramatically after incurring substantial losses in 2020, are wondering just how the Blue Jays are paying for all this?

 

Just about every team in baseball lost about $100 million last year due to the shortened season and the absence of fans in the stadiums. There were virtually zero revenues from ticket sales and concessions while TV and radio revenues were reduced by nearly two-thirds and will require rebates from the clubs to their networks for the lost games. Even though MLB continues to insist spring training will be starting on time, there is no certainty about that or when fans will be allowed in the stadiums. In the case of the Blue Jays, because of the Canada travel ban, even if the season is able to start on time, they will likely have to be playing their home games in their spring training ballpark in Dunedin which seats approximately 6,000 at full capacity.

 

The Blue Jays are justifying their spending binge on the fact that they needed to supplement their budding young nucleus, shortstop Bo Bichette, first baseman Vlad Guerrero Jr., third baseman Caban Biggio and outfielders Lourdes Gurriel Jr. and Teoscar Hernandez — whose service clocks are all ticking — in an effort to make a few deep postseason runs while they’re all still in their primes and affordable. Even though they are owned by the multi-media colossus Rogers Communications, the Blue Jays do not presently pay revenue sharing because their revenues are based on what the team itself generates.

 

There is speculation that Rogers Communications, which also owns the TV and radio rights to the Blue Jays games, forgave the rebate owed them by the team for the loss of all the games last year, which was as much as $75-100 million. If so, that would be considered outside revenue, and it’s understandable if the rest of the teams in baseball — particularly the large market clubs like the Yankees, Mets, Phillies, Red Sox and Cubs who will be paying revenue sharing in 2021 — could be feeling they have subsidized all this Blue Jay spending this winter.

 

 

There is a mechanism called a related party review for which MLB examines all the teams’ revenue streams in determining the revenue sharing payers. Because there were no revenues in 2020, it was decided revenue sharing for 2021 would be based on the average of the clubs’ revenues for the ’17-’18-’19 seasons. However, other teams are said to be asking for a review of the Blue Jays’/Rogers situation: Specifically, if Rogers Communications, the Blue Jays’ holding company, is allowed to plow unlimited amounts of money into the team, that is considered revenue and subject to revenue sharing. Otherwise, the Yankees, Red Sox and Dodgers could have the same thing this winter with their respective partially-owned networks, YES, NESN and SportsNET LA.

 

I’m told the six years/$150 million the Jays gave Springer particularly consternated other clubs since, despite bidding against themselves once Steve Cohen and the Mets reportedly dropped out at six years /$120 million, the Jays still gave Springer the number he was asking for.

 

Meanwhile, for all their splashy additions, even the Jays themselves are conceding they need two more proven starting pitchers to back up Hyun Jin Ryu if they are to make a serious run into the postseason this year. Until proven otherwise, both Matz and Ray, with all their inconsistencies, remain projects for Jays’ highly regarded pitching coach Pete Walker. The Jays have remained engaged with the ever-tantalizing but much injured James Paxton, who they originally drafted but failed to sign in the first round of the 2009 draft, and they also continue to talk with Jake Odorizzi.

 

I find it funny that most people within baseball don't know that we had Top 10 payrolls semi-recently from 2013-2018 and only cut back when it made sense to due to rebuilding.

 

Our high watermark is around $170M when we were competitive, and coming into this offseason, we had close to nothing on the books due to most of our core making league min. I'm happily surprised we landed Springer, but if you'd look at the general consensus around baseball media, they were absolutely flabbergasted we got him.

Posted
Noticing an unacceptable lack of Captain Kirk.

 

He's in there as the backup catcher. Writer refers to Jansen's superior framing.

 

I'm not sure 25 PA by Kirk in 2020 is enough to anoint him the starting catcher.

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