2020 salary terms may finally be sorted out. But what about what’s owed to players beyond that point? The near-term economic picture remains questionable at best. That’ll make teams all the more cautious with guaranteed future salaries.
Every organization has some amount of future cash committed to players, all of it done before the coronavirus pandemic swept the globe. There are several different ways to look at salaries; for instance, for purposes of calculating the luxury tax, the average annual value is the touchstone, with up-front bonuses spread over the life of the deal. For this exercise, we’ll focus on actual cash outlays that still have yet to be paid.
We have now run through every team, with a big assist from the Cot’s Baseball Contracts database. Prior entries can be found here. The final team is the Padres:
*Manny Machado may opt out after 2023
*Eric Hosmer may opt out after 2022
*Includes buyouts on club options over Wil Myers, Craig Stammen, and Pierce Johnson
*Includes estimated distribution of signing bonus in Drew Pomeranz contract
(click to expand/view detail list)
that Johnson signing could be huge for this team
Lol….I’d never heard of him. Had to look him up.
What are the legal stipulations of the Padres giving Eric Hosmer $40 mil over whatever time frame if he agrees to opt out? There’s a lot of Antitrust measures related to doing so, but Antitrust doesn’t apply to MLB so maybe they could get away with it. Any lawyers reading this care to comment?
Why would Hosmer do that? If he goes the entire contract he gets it all.
depends on the language of the opt out … he could conceivably say pay me 5 mil for the next 8 years and i would accept a release with no offset language. Then go sign with another team for say 2 yr 20 mil contract so he has a full year guaranteed to build back up his stock and have a chance at another decent contract .. so he banks 40 mil with the potential for another 20 mil plus more. Its if they are willing to do that or even stretch it out further as im sure getting a few mil after you playing days would be nice. Might be worth a little less in the long run but you have long term security ala bobby bonilla.
It’s expressly against the rules of the CBA, so there’s that.
And then the Yankees just Yeeted Jacoby Ellsbury’s contract (that I am aware of), why don’t they do that with Wil Myers?
Completely different situation, Ellsbury was apparently treated by an unauthorized doctor (or something to that accord) and the Yankees are trying to get out of paying that last year because of it (I don’t think many believe they will be successful). MLB player uniform contracts are fairly air tight and the methods for a team to get out from under the guarantee are limited.
and whats funny is because he was released before all the covid stuff if they lose the grievance, they would be paying the full thing instead of prorated.
The Padres invested in two overrated overpriced players. This hurts them in the long run. Machado is so overrated.
Man that Myers Contract is the gift that keeps giving. But it’s almost over. Hopefully MACHADO can pick his average up a bit. I hope he plays well. He looks to be gaining weight….. at least in his face it appears he is getting bigger(not in a good way). In Baltimore it seemed his defense was up there with the best. I want to give him time and the benefit of the doubt though. I wonder if he kicks his waiter in the legs when he walks by after serving him the wrong drinks?
Bitter much?
That extra weight on his face is just his muttonchops
So, for purposes of calculating the luxury tax this year, will the $208 million be prorated to a little more than a third due to the 60 game schedule? This could be important for teams like Boston who were trying to reset for a year.
Yikes. $40m for sub-replacement production between Eric Hosmer and Wil Myers.
I can understand the Myers contract at the time, but Hosmer’s was wrong from the beginning,
They were both wrong from the beginning. Myers is a flawed player who pitchers had already figured out by the time they extended him and he was 3 years out from FA and the Padres gave him all the security of a multiyear deal with none of the requisite cash savings.
Wow. $360 million for what at this pace will be 23.4 WAR for the 9 years left of Machado, -2.4 for the 6 years of Hosmer, and -0.8 for 2 of Myers.
That’s 20.2 WAR or 17.8 million per win. Plus three roster spots.
Myers and Hosmer really drag that figure down. Machado on his own is $10256k per win, which isn’t too bad when you consider the increasing cost of a win and the Padres’ lack of other options at the 3rd base position.
With that caveat being that Machado has to sustain that kind of production or better
Has anyone ever asked why the Padres back loaded Wil Myers contract? It made no sense given the fact they spent the low salary years rebuilding.
same reason the marlins backloaded Stantons deal … they were hoping to get the prime years for cheap and trade him before he fell off a cliff.. Problem is he fell off a cliff way earlier than they expected.
Backloading is a pure business thing… not having to pay money now allows present money to be freed up for investment. Money makes money. It has absolutely nothing to do with thinking you can trade him later cuz what team is gonna take on the back end of a back loaded contract? None. And teams know this when they sign the contract.
Robinson Cano and Giancarlo Stanton say differently and those were in the last couple of years.
Those are not the norm and no one gave out those deals expecting to trade the player later in the contract. The Mets got fleeced and the Marlins were in a sell off so egregious that they needed MLB approval to do it. Very unusual situations both. I think my point still stands.
Otherwise just sign every big name free agent and back load the deals… then you just trade them before you gotta pay them, eh? Does that really sound like a plan that would work? You’d need a bunch of inept organizations to be suckers for that to work. Dumb thing to count on which is why it is never plan A for anyone.
@Cosmodeus inept GM’s do dumb things all the time. See: Preller, A. J., Van Wagenen, Brodie and Stewart, Dave
I’m not sure Preller deserves to be in there with Stewart and Van Wagenen. He’s made some bad moves but nothing earth shattering. We’re down Turner and Fried for legit MLB talent from his all-in but not much else and we have players on the roster from the wheeling and dealing as well.
I think when you are evaluating Preller you have to decide how much onus of blame to put on the owners as well. My suspicion is that Preller was hired specifically to go all in and try to put a winning product on the field and re-ignite the fanbase. Assuming that and assuming the Hosmer contract was Boras pulling the wool over the owners eyes he all of a sudden rates much better. I think Myers was similarly an ownership call to show the fanbase they mean business in keep their talent around. Course, that’s mostly speculation on my part.
Overall he really has assembled quite a wave of talent that should end up with a strong MLB roster for years to come. I’m not sure if Elias or any of the other candidates for GM would have the Padres in this good of a position from a pure talent standpoint.
Padres are also down Luis Urias, Hunter Renfroe and Xavier Edwards for legit MLB talent. Plus they are still paying Hector Olivera as a result of the Kemp trade. And they actually gave up a valuable piece in that trade in Yasmani Grandal. Preller also tried to sign Yasmany Tomas and Pablo Sandoval and then tried super hard to trade for Sandoval a year later but was bailed out by another GM acting slightly less incompetently than he was in each case. He also thought that Freddy Galvis would magically sign an extension just because he traded for him. Then there’s the awful awful contracts given to Eric Hosmer and Wil Myers.
Ah, the old “Hosmer and Myers were ownership calls” excuse. I’ve heard that at least a hundred times yet not once have I heard anyone give any concrete evidence that that is the case. Your true colors are showing…
Mike Hazen is who the Padres should have hired as their GM instead of Preller.
Not worried about Machado, but Hosmer was a bad signing the moment the ink dried. Still, it looks like the team should have flexibility too and as much as I hate to say it.. they saved quite a bit with this shortened 2020 year.
as a Royals fan I can tell you Machado will never put up the numbers he did in Baltimore. Orioles park is small very small. Fly balls are home runs there. As far as Hosmer is concerned I’m glad you paid him the big money not us. I’d take him back in a heartbeat but not at that price. Hosmer will always be revered in KC and I think that’s where his heart is. He needs to come home. if SD paid half his salary I’m sure the Royals would trade either Ryan McBroom or Ryan OHearn for him. Both OHearn and McBroom have more upside than Hoz. But Hoz would put fans in the seat in KC
All of his numbers last year were actually very much in line with his career averages except for the 0.023 drop in his BA.