Renteria to make decision today - Fantasy Baseball Cafe 2014 Fantasy Baseball Cafe
100% Deposit Bonus for Cafe Members!

Return to Baseball Leftovers

Renteria to make decision today

Moderator: Baseball Moderators

Postby trevisc » Wed Dec 15, 2004 10:53 am

i wouldn't move for $4 million if I were in that position.

After getting taxed at 42% you end up with 1,160,000 over 4 years that averages out to 290,000. I think he's gonna stay with the Cards
trevisc
Hall of Fame Hero
Hall of Fame Hero

User avatar
Fantasy ExpertCafe Ranker
Posts: 11271
Joined: 6 Jan 2003
Home Cafe: Baseball
Location: Fantasy Baseball Cafe 2004,2005 Keeper League Champion

Postby TheYanks04 » Wed Dec 15, 2004 10:55 am

trevisc wrote:i wouldn't move for $4 million if I were in that position.

After getting taxed at 42% you end up with 1,160,000 over 4 years that averages out to 290,000. I think he's gonna stay with the Cards


I am sure he is smart enough not to be taxed at that rate effectively.
TheYanks04
Hall of Fame Hero
Hall of Fame Hero


Posts: 9531
Joined: 12 Dec 2003
Home Cafe: Baseball

Postby trevisc » Wed Dec 15, 2004 10:58 am

TheYanks04 wrote:I am sure he is smart enough not to be taxed at that rate effectively.


Smart enough to hire someone! haha. If I am then i'm sure he is. But still.. 4 million isn't worth the hassel + higher property cost + headache of moving for a guy in his position.
trevisc
Hall of Fame Hero
Hall of Fame Hero

User avatar
Fantasy ExpertCafe Ranker
Posts: 11271
Joined: 6 Jan 2003
Home Cafe: Baseball
Location: Fantasy Baseball Cafe 2004,2005 Keeper League Champion

Postby TheYanks04 » Wed Dec 15, 2004 11:00 am

You forget the backloading also make sthe deal worth less.
TheYanks04
Hall of Fame Hero
Hall of Fame Hero


Posts: 9531
Joined: 12 Dec 2003
Home Cafe: Baseball

Postby Dawgpound 1613 » Wed Dec 15, 2004 11:04 am

TheYanks04 wrote:Say what you will about the MLBPA, but despite a semblensce of fiscal sanity the past couple of years by the owners, the Union has again prevailed as all it took was one idiotic trade and sign of Benson by the Mets and the whole market is a mess again. They are getting the results for their players, even if half of them may end up dead by age 50 due to roids.


Not saying they don't get results. But for $1M per, what's the harm in letting him play where he wants. And as for fiscal sanity, I agree it's not as good as it was after 2002 and 2003. That said, only a handful of teams have inked "Huh?" deals this off-season. All other deals have been reasonable (I'm defining almost every two year deal as reasonable as if a player bombs in year 1, only stuck with one more year, unlike Ortiz, Vizcaino, Guzman, Pavano, Wright, Glaus, Pedro, et al.). Much different than 2000/2001 where EVERY team was signing players left and right for 7+ years at obscene salaries.

i wouldn't move for $4 million if I were in that position.

After getting taxed at 42% you end up with 1,160,000 over 4 years that averages out to 290,000. I think he's gonna stay with the Cards


My math must be off. Even if he were taxed at 42% (and they have tax attorneys to prevent this), that's still $2.32M over 4 years (or $580k/year). If he's as quiet as they say, I could still see him being willing to give that up to remain comfortable.
Dawgpound 1613
Major League Manager
Major League Manager

User avatar
Sweet 16 SurvivorLucky Ladders Weekly Winner
Posts: 2095
Joined: 7 Oct 2004
Home Cafe: Baseball
Location: \Lo*ca"tion\, n. 1. The act or process of locating. 2. Situation; place; locality.

Postby killiansjmd » Wed Dec 15, 2004 11:10 am

Danimal wrote:You are wise, Killian. Now, any insight into world peace?


Thanks! :-D

I do but this is not the appropriate forum to bring up these issues.

Seriously though all these players can say what they want but it all comes down to who offers them the most cash!
killiansjmd
College Coach
College Coach

User avatar

Posts: 161
Joined: 3 Aug 2004
Home Cafe: Football
Location: NY

Postby j_d_mcnugent » Wed Dec 15, 2004 11:20 am

i cant confirm since i am not a subscriber but allegedly this is from espn insider

From ESPN Insider:

Edgar Renteria

Dec. 15 - According to a source close to the situation, shortstop Edgar Renteria will be returning to the Cardinals in 2005, and the deciding issue was not money. Even though the Red Sox offer (about $36 million over four years) trumped St. Louis's reported final offer ($32 million over four years), Renteria chose familiarity and comfort with his surroundings, teammates, coaches, medical staff, over a few million dollars.

His agents are currently in the process of informing other interested teams of Renteria's decision that he will not entertain their offers, but instead will be re-signing with St. Louis.

Renteria, 29, a four-time All-Star and two-time Gold Glover, is a career .289 hitter with a .346 on-base percentage. He is a gifted fielder and clubhouse leader who has gone to the postseason five of the last eight years with the Marlins and Cardinals
back from the dead
j_d_mcnugent
General Manager
General Manager

User avatar
CafeholicCafe Ranker
Posts: 3766
Joined: 1 May 2003
Home Cafe: Baseball
Location: bored at work

Postby TheYanks04 » Wed Dec 15, 2004 11:23 am

Excellent...one less upgrade the evil Sox can get.
TheYanks04
Hall of Fame Hero
Hall of Fame Hero


Posts: 9531
Joined: 12 Dec 2003
Home Cafe: Baseball

Postby trevisc » Wed Dec 15, 2004 11:38 am

Dawgpound 1613 wrote:My math must be off. Even if he were taxed at 42% (and they have tax attorneys to prevent this), that's still $2.32M over 4 years (or $580k/year). If he's as quiet as they say, I could still see him being willing to give that up to remain comfortable.


you are correct sir. I did the math on $2 million..not 4.

I still wouldn't do it though..

thanks for catching my math error

:-°
trevisc
Hall of Fame Hero
Hall of Fame Hero

User avatar
Fantasy ExpertCafe Ranker
Posts: 11271
Joined: 6 Jan 2003
Home Cafe: Baseball
Location: Fantasy Baseball Cafe 2004,2005 Keeper League Champion

Postby trevisc » Wed Dec 15, 2004 11:39 am

woohoo! Score one for the good guys! Great deal on both sides...
trevisc
Hall of Fame Hero
Hall of Fame Hero

User avatar
Fantasy ExpertCafe Ranker
Posts: 11271
Joined: 6 Jan 2003
Home Cafe: Baseball
Location: Fantasy Baseball Cafe 2004,2005 Keeper League Champion

PreviousNext

Return to Baseball Leftovers

Who is online

Users browsing this forum: buiviopaufamp, ensanimal, joiingds and 8 guests

Forums Articles & Tips Sleepers Rankings Leagues


Today's Games
Thursday, Jul. 24
(All times are EST, weather icons show forecast for game time)

Boston at Toronto
(12:37 pm)
Texas at NY Yankees
(1:05 pm)
San Francisco at Philadelphia
(1:05 pm)
Houston at Oakland
(3:35 pm)
Miami at Atlanta
(7:10 pm)
San Diego at Chi Cubs
(8:05 pm)
Cleveland at Kansas City
(8:10 pm)
NY Mets at Milwaukee
(8:10 pm)
Chi White Sox at Minnesota
(8:10 pm)
Detroit at LA Angels
(10:05 pm)
Baltimore at Seattle
(10:10 pm)

  • Fantasy Baseball
  • Article Submissions
  • Privacy Statement
  • Site Survey 
  • Contact