New York - City of Losers

[Peter_Spaeth]

Originally Posted by Shoeless Moe

Nobody said they couldn't spend. Packs said they didn't win because of the boatload of money they DID lay out for AROD, Matsuey, Sabbathia, Tex, and AJ.

See NYers like to think they win like everyone else, but they don't because they can't win on their own, they MUST OVERSPEND to buy a title.


There is ZERO jealousy, I'd be jealous if their sports teams were all like the '27 Yankees, yes, then I'd be jealous for sure, but the past 20 years? Be jealous of what METS have been garbage, Knicks garbage, Jets trash, etc etc.

That's that NY arrogance they think we are jealous, ha ha....we are just enjoying how bad they suck!

It seems hard to deny that it played an important role.

[Shoeless Moe]

...and arn't the Mets (3rd Highest Payroll and not even a .500 team over the past 5 seasons) still paying Bobby Bonilla who retired like 20 years ago.

I mean come on. The stupidity of NY, it never ends. It's hilarious!

[Peter_Spaeth]

The Mets can rot forever as payback for 1986 lol. Despite being a Sox fan though I've never truly hated the Yankees, too many admirable players.

[Jim65]

Originally Posted by Shoeless Moe

...and arn't the Mets (3rd Highest Payroll and not even a .500 team over the past 5 seasons) still paying Bobby Bonilla who retired like 20 years ago.

I mean come on. The stupidity of NY, it never ends. It's hilarious!

They are called deferred contracts, a lot of teams do it, the Braves are still paying Bruce Sutter. I guess Atlanta is stupid too?

[mikemb]

Originally Posted by Jim65

They are called deferred contracts, a lot of teams do it, the Braves are still paying Bruce Sutter. I guess Atlanta is stupid too?

Correct. In fact Bonilla is also getting deferred salary from the Baltimore Orioles.

The Mets owed him 5.9 million when they bought out the last year of his contract. The Mets and Bonilla worked out a deal where the he would defer the payment of the 5.9 million for 10 years. Then, the Mets would pay him 1.19 million every year for 20 years. While that sounds like a lot more than the 5.9 million, due to compound interest, etc, the 2 payment scenarios (the 5.9 million right away or the 1.19 million/year after 10 years) have the same value when calculated at 8% interest annually.

The market has increased an average of about 7.4% annually since 1/1/2000.

So, not a bad financial decision.

Mike

[Jim65]

Originally Posted by mikemb

Correct. In fact Bonilla is also getting deferred salary from the Baltimore Orioles.

The Mets owed him 5.9 million when they bought out the last year of his contract. The Mets and Bonilla worked out a deal where the he would defer the payment of the 5.9 million for 10 years. Then, the Mets would pay him 1.19 million every year for 20 years. While that sounds like a lot more than the 5.9 million, due to compound interest, etc, the 2 payment scenarios (the 5.9 million right away or the 1.19 million/year after 10 years) have the same value when calculated at 8% interest annually.

The market has increased an average of about 7.4% annually since 1/1/2000.

So, not a bad financial decision.

Mike

The money deferred by Bonilla allowed the Mets to trade for and pay Mike Hampton, who won the NLCS MVP and when Hampton signed in Colorado, the Mets received a compensation draft pick which they used to draft David Wright. Funny how things work out sometimes.

[Peter_Spaeth]

Originally Posted by Jim65

They are called deferred contracts, a lot of teams do it, the Braves are still paying Bruce Sutter. I guess Atlanta is stupid too?

The deferral was not a bad decision, but one could question signing him for all that money in the first place, no?

[Shoeless Moe]

Hey as long as Mets fans are happy about the financials of the deal rather then the performance of the player that's what matters.

Loveable Losers I guess.

Problem for both New York teams, that gap where they would outspend other teams by 3-4-5-6 times is now gone.

You got Boston, LA, Anaheim, etc., now willing to do the same.

[MattyC]

You should get some help. You have serious mental or anger issues with NYC. Your posts come off as unhinged.

[Shoeless Moe]

Originally Posted by MattyC

You should get some help. You have serious mental or anger issues with NYC. Your posts come off as unhinged.

Sorry, what was that? I was just watching the Jets lose, and about to watch the Giants lose.

Then tomorrow I'm gonna watch the 2 teams that left New York (very wise moves) play to most likely decide this years World Series winner.

Thus making it their 5th Title in the last 20 years for 2 teams who left NY to 1 Title for the 2 teams who stayed in NY.

5 is still better then 1 right? I don't know, I'm a little unhinged, and not great at math.

https://www.youtube.com/watch?v=ABsBCEfNero

[Jim65]

Originally Posted by Shoeless Moe

Hey as long as Mets fans are happy about the financials of the deal rather then the performance of the player that's what matters.

Honestly, its not my money so I don't care, you brought the subject up. Do you realize many team sign players to deferred contracts or do you only shit on NY teams?

[Shoeless Moe]

Originally Posted by Jim65

Honestly, its not my money so I don't care, you brought the subject up. Do you realize many team sign players to deferred contracts or do you only shit on NY teams?

I only shit on NY teams.

I believe the Mets have the highest Beer and Concession prices as well, so you might want to care.

[Jim65]

Originally Posted by Peter_Spaeth

The deferral was not a bad decision, but one could question signing him for all that money in the first place, no?

Bonilla's first 3 years with the Met were productive, 130 OPS+

The problem was bringing him back a 2nd time just to dump Mel Rojas.