I used Sandberg for the 100 run Cub thinking he's be sufficently low.whatwouldcooleydo? wrote: ↑Wed Nov 22, 2023 7:33 pmAny specific square screw you?brettac1 wrote: ↑Wed Nov 22, 2023 7:09 pmImmaculate Grid 234 9/9:whatwouldcooleydo? wrote: ↑Wed Nov 22, 2023 6:32 pmImmaculate, rarity 28% (8% from Astros/Phillies square)
Rarity: 49
IMMACULATE!
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MLB 2023
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Re: MLB 2023
Wound up bleeding on the bar floor
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Re: MLB 2023
brettac1 wrote: ↑Wed Nov 22, 2023 7:46 pmI used Sandberg for the 100 run Cub thinking he's be sufficently low.whatwouldcooleydo? wrote: ↑Wed Nov 22, 2023 7:33 pmAny specific square screw you?brettac1 wrote: ↑Wed Nov 22, 2023 7:09 pm
Immaculate Grid 234 9/9:
Rarity: 49
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Re: MLB 2023
Immaculate, rarity 35 (2 squares accounted for 19%)
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Re: MLB 2023
Today’s game is absolutely ripe for insanely low scores
New personal best- 9/9, rarity of 6
New personal best- 9/9, rarity of 6
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Re: MLB 2023
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Re: MLB 2023
whatwouldcooleydo? wrote: ↑Fri Nov 24, 2023 7:15 pmToday’s game is absolutely ripe for insanely low scores
New personal best- 9/9, rarity of 6
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Re: MLB 2023
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Re: MLB 2023
I don't know if there's a way to truly comprehend the magnitude of Ohtani's contract, but let's give it a try. ICYMI, the contract is for $700 Million over 10 years, or $70 Million/year.
So that's One Million Three Hundred Forty Thousand Dollars (and some change) EVERY WEEK for 10 years, or 520 weeks. IOW if an executive is considered highly paid at $1 Million/year, Ohtani makes more than that in a week, or more than 52 times what that rather wealthy executive makes.
Assuming 45% in federal, state and local taxes, Ohtani will make $740,000 per week after taxes, which by itself, one week, after taxes, is enough to put him comfortably in the annual top 1% of all taxpayers.
If you're an entrepreneur who started a company that now does, say, $100 Million/year in sales with solid profits, cash flow and continuing growth prospects, your company might be worth, say, $300 Million and by the time it reaches that size you would be lucky to own, say, 25% of it, so you could cash out for about $75 Million, or slightly more than one year's worth of Ohtani's contract.
IOW, that's a staggering, incomprehensible shit ton of money. Ye gads!
I express no opinion as to whether Ohtani is "worth" that much but in strict economic terms, he's worth what a willing arm's length buyer is willing to pay, so at least by that definition, he's worth it. SMH at the sheer magnitude of it all.
So that's One Million Three Hundred Forty Thousand Dollars (and some change) EVERY WEEK for 10 years, or 520 weeks. IOW if an executive is considered highly paid at $1 Million/year, Ohtani makes more than that in a week, or more than 52 times what that rather wealthy executive makes.
Assuming 45% in federal, state and local taxes, Ohtani will make $740,000 per week after taxes, which by itself, one week, after taxes, is enough to put him comfortably in the annual top 1% of all taxpayers.
If you're an entrepreneur who started a company that now does, say, $100 Million/year in sales with solid profits, cash flow and continuing growth prospects, your company might be worth, say, $300 Million and by the time it reaches that size you would be lucky to own, say, 25% of it, so you could cash out for about $75 Million, or slightly more than one year's worth of Ohtani's contract.
IOW, that's a staggering, incomprehensible shit ton of money. Ye gads!
I express no opinion as to whether Ohtani is "worth" that much but in strict economic terms, he's worth what a willing arm's length buyer is willing to pay, so at least by that definition, he's worth it. SMH at the sheer magnitude of it all.
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Re: MLB 2023
New personal best today on the Grid (251)-
9/9, rarity of 5
9/9, rarity of 5
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Re: MLB 2023
A curveball for you: a lot of the money is deferred. I don't know how much but the report I read said it was significant. Ohtani agreed to do that so that the team could have money for other players & to help the Dodgers with the luxury tax.beantownbubba wrote: ↑Sat Dec 09, 2023 4:56 pmI don't know if there's a way to truly comprehend the magnitude of Ohtani's contract, but let's give it a try. ICYMI, the contract is for $700 Million over 10 years, or $70 Million/year.
So that's One Million Three Hundred Forty Thousand Dollars (and some change) EVERY WEEK for 10 years, or 520 weeks. IOW if an executive is considered highly paid at $1 Million/year, Ohtani makes more than that in a week, or more than 52 times what that rather wealthy executive makes.
Assuming 45% in federal, state and local taxes, Ohtani will make $740,000 per week after taxes, which by itself, one week, after taxes, is enough to put him comfortably in the annual top 1% of all taxpayers.
If you're an entrepreneur who started a company that now does, say, $100 Million/year in sales with solid profits, cash flow and continuing growth prospects, your company might be worth, say, $300 Million and by the time it reaches that size you would be lucky to own, say, 25% of it, so you could cash out for about $75 Million, or slightly more than one year's worth of Ohtani's contract.
IOW, that's a staggering, incomprehensible shit ton of money. Ye gads!
I express no opinion as to whether Ohtani is "worth" that much but in strict economic terms, he's worth what a willing arm's length buyer is willing to pay, so at least by that definition, he's worth it. SMH at the sheer magnitude of it all.
Re: MLB 2023
And he’s still not even in the team picture with Zuckerburg or Bezos
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Re: MLB 2023
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Re: MLB 2023
Short answer; You're right. Medium length answer: Even if the contract was strictly prorated at $70M/yr for 10 years one should technically discount it to present value to determine its "true" value, which no matter how you calculate it would be significantly less than the apparent $700M face value. But since that's true of all long term contracts and because the sports pages are still not the business pages even though it gets harder and harder to tell them apart we generally talk about these kinds of mega contracts in terms of gross or face value and relative to each other it pretty much works out for discussion purposes. Long answer: Yep it's definitely complicated and if this were a biz school class and not a music fan website we could spend hours calculating the true value of the contract to both sides and trying to figure out whether the Dodgers have left themselves enough flexibility to compete by fielding a full team geared to a 162 game + playoffs season, but I don't know that that's really necessary here. The fact is that it's a whole lot of money, a staggering amount of money, an historic amount of money no matter how you slice it and that's really all i was trying to say.
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Re: MLB 2023
Speaking of whether Ohtani's worth the big bucks, this from the Athletic:
"Ohtani’s real value is nearly incomprehensible. As Jayson Stark is wont to do, he dug up some incredible numbers to illustrate how great Ohtani is. My biggest takeaway: In modern terms, Ohtani is essentially Aaron Judge and Gerrit Cole ($684 million combined contracts) put together, and younger than both. If we judge by age, Ohtani is Mickey Mantle and Pedro Martinez through his age-28 season. Just … dang."
Dang indeed.
"Ohtani’s real value is nearly incomprehensible. As Jayson Stark is wont to do, he dug up some incredible numbers to illustrate how great Ohtani is. My biggest takeaway: In modern terms, Ohtani is essentially Aaron Judge and Gerrit Cole ($684 million combined contracts) put together, and younger than both. If we judge by age, Ohtani is Mickey Mantle and Pedro Martinez through his age-28 season. Just … dang."
Dang indeed.
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Re: MLB 2023
The Jayson Stark column referenced above is worth reading:
https://theathletic.com/5126812/2023/12 ... gn=8492532
https://theathletic.com/5126812/2023/12 ... gn=8492532
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Re: MLB 2023
Keep seeing articles that claim Dodgers may recoup the entire amount in just a few seasons due to merch and all sorts of international rights I don’t fully understand, well before all the deferments will have been paidbeantownbubba wrote: ↑Mon Dec 11, 2023 11:57 amThe Jayson Stark column referenced above is worth reading:
https://theathletic.com/5126812/2023/12 ... gn=8492532
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Re: MLB 2023
whatwouldcooleydo? wrote: ↑Sat Dec 09, 2023 6:24 pmNew personal best today on the Grid (251)-
9/9, rarity of 5
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Re: MLB 2023
Richie Sexson?! Duane Kuiper?! You are way outta my league that's for sure.
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Re: MLB 2023
Duane Kuiper has been doing Giants broadcasting with Mike Krukow for decades. That alone has exposed me to all kinds of stats/facts about the two of them. Same in general for guys who have played for Giants in past 30 years. But Kuiper was also around in my prime childhood years of baseball fanaticism & card collecting. Average/below average dudes like him from the 70s are great for getting low scores.beantownbubba wrote: ↑Mon Dec 11, 2023 5:02 pmRichie Sexson?! Duane Kuiper?! You are way outta my league that's for sure.
Bottom line, there is a lot of knowledge involved but being of a certain age helps considerably
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Re: MLB 2023
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Re: MLB 2023
Grid #255 9/9, rarity 21 (Braves 2000+ K accounted for 8%)
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Re: MLB 2023
I was really kicking ass on today’s Immaculate Grid (#259) until I go to the 30+ saves category. Got all three correct but rarity scores were huge makes sense, the status of the dedicated closer as “a thing” is relatively recent when you consider the overall length of the game’s history
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Re: MLB 2023
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Re: MLB 2023
Holy shit, man! You're starting to scare me, lol. SMH in awe.
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Re: MLB 2023
In this game a certain amount of age & good memory go a very long way.beantownbubba wrote: ↑Tue Dec 19, 2023 5:31 pmHoly shit, man! You're starting to scare me, lol. SMH in awe.
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Re: MLB 2023
In case you’re curiousbeantownbubba wrote: ↑Tue Dec 19, 2023 5:31 pmHoly shit, man! You're starting to scare me, lol. SMH in awe.
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