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Community Moderator
Posted
4 minutes ago, BTS said:

On the bright side, it's very funny that everyone who "invested" in this is going to lose their money

 

Emmanuel Clase is Selling Stock in His Future Baseball Earnings

The Dominican native is in the midst of selling a portion of his future baseball income to people who buy shares of his stock, which is being sold at $12 apiece. The offering can raise as much as $3.6 million in exchange for as many as 300,000 shares in a sale structured by Finlete Funding, a San Diego-based startup focusing onathlete income-sharing deals. In exchange for the money upfront, Clase will return 3% of his future global baseball earnings to investors.

 

LOL so he has to make another $200M in order for investors to turn $12 per share into $20? 

I wonder how many shares he sold. Hopefully none. 

Posted

I probably missed the board discussion on this yesterday, but I wanted to take a second to give a heartfelt RIP to Ryne Sandberg.  Gone too soon.

As a young kid who grew up on a farm in rural Ontario, I had about 4-5 TV channels and 2 of them were fuzzy.  That was until my Dad bought us one of those monster satellite dishes the physically turned to get more channels.  The TV was off-limits for me if my Dad was home, but he was a farmer and thus he never came home until supper time each night.  Luckily for me, this new dish got WGN.  Of course the Cubs only played day games until 1988 and thus almost every single day, I'd come home from school and watch the last 3-4 innings of the Cubs game (and the full game during summer break), which was over by the time my Dad arrived home and took the control of the remote.

I have several fond memories of those Cubs teams.  Mark Grace, Andre Dawson, Greg Maddux (whom I named my first born after), Shawon Dunston, Damon Berryhill, Glenallen Hill, etc.  But I was 9 years old when Sandberg hit 40 HRs in 1990 and he quickly became my favourite player.  I emulated his swing and wanted to play 2nd base (even as a lefty) because of him.  When the game was over, I'd go out and throw/hit tennis balls off the back of the garage (I was an only child).  I truly believe this is where my love of the game started and I found it incredibly difficult to hear of his passing yesterday.  Between him and Hogan, it's been a week full of nostalgia and the realization of how old I've become.  A wakeup call perhaps.  But what memories I have of those Cubs teams and the amazing Wrigley Field.  Harry Carry calling games and signing in the 7th inning.  Life was easier back then.

RIP Ryno

Messenger_creation_EE029831-845F-4128-BE5B-65499F027F3C.jpeg

Posted
14 minutes ago, Laika said:

The Dominican native is in the midst of selling a portion of his future baseball income to people who buy shares of his stock, which is being sold at $12 apiece. The offering can raise as much as $3.6 million in exchange for as many as 300,000 shares in a sale structured by Finlete Funding, a San Diego-based startup focusing onathlete income-sharing deals. In exchange for the money upfront, Clase will return 3% of his future global baseball earnings to investors.

 

LOL so he has to make another $200M in order for investors to turn $12 per share into $20? 

I wonder how many shares he sold. Hopefully none. 

Lol yea on average an index fund would return that in 10-12 years. 

Does make you wonder if by doing this if he was already in gambling trouble last year

Community Moderator
Posted
31 minutes ago, Laika said:

The Dominican native is in the midst of selling a portion of his future baseball income to people who buy shares of his stock, which is being sold at $12 apiece. The offering can raise as much as $3.6 million in exchange for as many as 300,000 shares in a sale structured by Finlete Funding, a San Diego-based startup focusing onathlete income-sharing deals. In exchange for the money upfront, Clase will return 3% of his future global baseball earnings to investors.

 

LOL so he has to make another $200M in order for investors to turn $12 per share into $20? 

I wonder how many shares he sold. Hopefully none. 

Yeah, I did the numbers on this when it broke and he would have needed a 100M FA deal after his current contract expires, then another 50M or so after that just for investors to break even. 

I think he sold a bit under $400,000 worth of shares 

Community Moderator
Posted
38 minutes ago, Nexii said:

Lol yea on average an index fund would return that in 10-12 years. 

Does make you wonder if by doing this if he was already in gambling trouble last year

 

20 minutes ago, BTS said:

Yeah, I did the numbers on this when it broke and he would have needed a 100M FA deal after his current contract expires, then another 50M or so after that just for investors to break even. 

I think he sold a bit under $400,000 worth of shares 

I like how the articles quotes Mariano Rivera's career earnings and says if Clase matches that the shares return like 20% on investment, lifetime. 

I wonder if the firms/brokers involved will suffer SEC repercussions. 

Posted
8 hours ago, Laika said:

 

I like how the articles quotes Mariano Rivera's career earnings and says if Clase matches that the shares return like 20% on investment, lifetime. 

I wonder if the firms/brokers involved will suffer SEC repercussions. 

Is this that much different than those firms that give young players a bunch of up front money in return for a % of their lifetime earnings? 

I mean, its definitely different, but ...just seems both dumb and shady at the time

Posted

TEX/LAA

Neto

Rengifo 

Trout

Haggerty

all hit by pitch and the game isn't over yet

and the benches clear after Trout gets plunked, 

 

Community Moderator
Posted

So Acuna, who has missed basically two full seasons with leg issues, had a sore heel before last night's game. The team not only allowed him to play a meaningless July game while 15 games under 0.500, they let him start in RF. He's now on the IL with an achilles injury and was in tears after the game. 

 

Are we quite sure that mismanagement isn't partly responsible for the unprecedented injuries they've had this year? 

Posted
7 minutes ago, BTS said:

So Acuna, who has missed basically two full seasons with leg issues, had a sore heel before last night's game. The team not only allowed him to play a meaningless July game while 15 games over 0.500, they let him start in RF. He's now on the IL with an achilles injury and was in tears after the game. 

 

Are we quite sure that mismanagement isn't partly responsible for the unprecedented injuries they've had this year? 

That organization is in shambles and all eyes should be on the AA.  

Community Moderator
Posted
4 minutes ago, Brownie19 said:

That organization is in shambles and all eyes should be on the AA.  

Both him and Snitker should be gone after the season. The entire organization is a dumpster 

 

Posted

1 down season for Atlanta after years of success with a world series ring and you got folks calling for AA's head, can't make this up haha.

Posted
2 minutes ago, Jays24 said:

1 down season for Atlanta after years of success with a world series ring and you got folks calling for AA's head, can't make this up haha.

It's almost like we're doing it for a particular reason....hrmmm

Posted
6 minutes ago, Jays24 said:

1 down season for Atlanta after years of success with a world series ring and you got folks calling for AA's head, can't make this up haha.

Don't try to pretend that if you were a Braves fan that you wouldn't be calling for AA's head. Despite the regular season success his teams have won something like 1-2 games combined in the post season since the world series win, and the team has a poor farm system on top of a serious downturn at the major league level in recent seasons. 

Posted
16 minutes ago, max silver said:

Don't try to pretend that if you were a Braves fan that you wouldn't be calling for AA's head. Despite the regular season success his teams have won something like 1-2 games combined in the post season since the world series win, and the team has a poor farm system on top of a serious downturn at the major league level in recent seasons. 

You always get grace once you win a World Series ring and have had prolonged success ever since you got there.  

Heck, look at the Raptors with Masai.  Hes actually done a horrible job since 2020 but the majority were very pissed to see him go (me included) because he delivered the ultimate prize in 2019.  AA in contrast has had the Braves perform much better since their World Series ring.  

Funny how the same people who support our current office so much with none of the accomplishments are all on the side of firing AA.  

Posted
29 minutes ago, Brownie19 said:

It's almost like we're doing it for a particular reason....hrmmm

But the comparisons are very different considering AA/Braves have won a World Series and been extremely competitive in every year hes been there on top of that.  

Community Moderator
Posted
11 minutes ago, Jays24 said:

But the comparisons are very different considering AA/Braves have won a World Series and been extremely competitive in every year hes been there on top of that.  

The only meaningful difference between the Braves and Jays in the last 6 years or whatever is that Atlanta got lucky with a mediocre roster and got carried to a WS by Jorge Soler, Eddie Rosario, and Ian Anderson. 

I guess the other difference is that the current Braves administration inherited two HoFers in their 20s and the Jays have none, depending on what you think of Vlad. 

Posted
28 minutes ago, BTS said:

The only meaningful difference between the Braves and Jays in the last 6 years or whatever is that Atlanta got lucky with a mediocre roster and got carried to a WS by Jorge Soler, Eddie Rosario, and Ian Anderson. 

I guess the other difference is that the current Braves administration inherited two HoFers in their 20s and the Jays have none, depending on what you think of Vlad. 

You seriously cant be downplaying an entire World Series with how long/grueling MLB seasons are and doing so without Acuna.  These are some extremely homer takes that other message boards would be posting on their end and laughing at us over.  

Anyways, Braves are hoping to do what we did last year by retooling and being competitive next year.

Community Moderator
Posted
28 minutes ago, Jays24 said:

You seriously cant be downplaying an entire World Series with how long/grueling MLB seasons are and doing so without Acuna.  These are some extremely homer takes that other message boards would be posting on their end and laughing at us over.  

Anyways, Braves are hoping to do what we did last year by retooling and being competitive next year.

It’s pretty consistent with my view of the playoffs as a crapshoot and the important thing being to get there every year. Look at the Braves WS roster and tell me with a straight face that it was better than the other playoff rosters that year, or better than some of the Jays rosters of the last half decade. 

Posted
2 minutes ago, BTS said:

It’s pretty consistent with my view of the playoffs as a crapshoot and the important thing being to get there every year. Look at the Braves WS roster and tell me with a straight face that it was better than the other playoff rosters that year, or better than some of the Jays rosters of the last half decade. 

When youre looking at things from a 1 year perspective, sure, but not when its a 10 year sample size.  

Anyways, we're all on the Blue Jays bandwagon with how things have gone this year.  Let's hope this is the year where the Jays move forward in a meaningful way (win a playoff round).  

Old-Timey Member
Posted

This is like a punch in the gut. I wasn't aware until just now. I spent some years in Chicago and saw him play a number of times. Just an all around complete ball player. For about a decade he was the Cubs. Feel like crying.  RIP Ryno. 

ps. If you are over 40 there is no reason/excuse to not get a prostate check at least once a decade. 

Posted
48 minutes ago, Spanky__99 said:

Ohtani left the game/his start with an arm injury... Ruh Roh, did not look good. He was biting into his glove with frustration after he summoned the dugout.

It was just a cramp apparently...

Posted
4 minutes ago, hanton said:

explain?

I don't actually believe in it. It's just nice to see bad things happen to bad people.

Posted
44 minutes ago, Grant77 said:

I don't actually believe in it. It's just nice to see bad things happen to bad people.

Good thing you don't believe in karma then, because that statement would be pretty negative on your aura

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