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Old 04-21-2017, 08:53 AM   #1 (permalink)
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Default Lindor turned down 100M extension

Per Tom Verducci

Reportedly before Opening Day

http://bleacherreport.com/articles/2...-before-season
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Old 04-21-2017, 08:56 AM   #2 (permalink)
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I don't know how you turn down 100m
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Old 04-21-2017, 08:56 AM   #3 (permalink)
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I don't know how you turn down 100m
When you know you will get $150+ million
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Old 04-21-2017, 09:02 AM   #4 (permalink)
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If you stay healthy. I guess it's just a risk you take
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Old 04-21-2017, 09:02 AM   #5 (permalink)
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They'll get a deal done - and probably in the 7/120 range (I think 150 is probably aggressive unless we're talking additional years). He's not going anywhere. His endorsement deal he just signed helps him have a little more patience at his age to get top dollar.

I always find this interesting in Baseball regardless. He isn't even a FA until 2021 but these guys sign these long extensions so early compared to other sports.
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Old 04-21-2017, 09:04 AM   #6 (permalink)
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We don't know all the details on how long the contract was for etc etc BUT if the contract was for 5/6 years he's crazy to turn it down. That would guarantee his future and still have him a FA at age 29 for another big contract. If it was for 10 years then he probably did the right thing as long as he stays healthy.
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Old 04-21-2017, 09:04 AM   #7 (permalink)
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3..2...1...mwalsh post
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Old 04-21-2017, 09:05 AM   #8 (permalink)
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Moron.

He's not eligible to be a FA for five years. FIVE YEARS. He's gonna be making pennies this year and next year, and in five years time, who knows what will happen with him, with his health, with baseball. Not to mention, the year he becomes a free agent is the year the CBA expires, so between now and then, who knows how future contracts are structured, if they're still 100% guaranteed; if there's a work stoppage ... whatever.

I say again. Moron.
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Old 04-21-2017, 09:07 AM   #9 (permalink)
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Moron.

He's not eligible to be a FA for five years. FIVE YEARS. He's gonna be making pennies this year and next year, and in five years time, who knows what will happen with him, with his health, with baseball. Not to mention, the year he becomes a free agent is the year the CBA expires, so between now and then, who knows how future contracts are structured, if they're still 100% guaranteed; if there's a work stoppage ... whatever.

I say again. Moron.
Didn't think about the new CBA etc, good points. I'm sure guaranteed contracts will be a heated topic in the new agreement.
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Old 04-21-2017, 09:18 AM   #10 (permalink)
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You almost always take the money if it makes sense.... so much can go wrong pretty quickly.
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Old 04-21-2017, 10:04 AM   #11 (permalink)
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Moron.

He's not eligible to be a FA for five years. FIVE YEARS. He's gonna be making pennies this year and next year, and in five years time, who knows what will happen with him, with his health, with baseball. Not to mention, the year he becomes a free agent is the year the CBA expires, so between now and then, who knows how future contracts are structured, if they're still 100% guaranteed; if there's a work stoppage ... whatever.

I say again. Moron.
everything you said is true, based on if he doesnt sign an extension. he may sign one next week. Kind of have a limited knowledge on the situation to call him a moron
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Old 04-21-2017, 10:05 AM   #12 (permalink)
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Dumb. $100 mill is a lot of scratch and you will still be a FA in your 20's
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Old 04-21-2017, 10:08 AM   #13 (permalink)
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Moron.

He's not eligible to be a FA for five years. FIVE YEARS. He's gonna be making pennies this year and next year, and in five years time, who knows what will happen with him, with his health, with baseball. Not to mention, the year he becomes a free agent is the year the CBA expires, so between now and then, who knows how future contracts are structured, if they're still 100% guaranteed; if there's a work stoppage ... whatever.

I say again. Moron.
I don't agree with you a lot but here I do.

Absolute Moron!

Career ending injury could be around the corner and you play for a WS contender.
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Old 04-21-2017, 10:12 AM   #14 (permalink)
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some of these extensions have club buyouts much less than the value of the $100M in the final year or two of the deals. That could be an issue and make the true guaranteed money much less than 100M
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Old 04-21-2017, 10:13 AM   #15 (permalink)
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Wow ... he must re-he-heeeeallly hate Cleveland. I'd move there for less than half of that easily!
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Old 04-21-2017, 10:16 AM   #16 (permalink)
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I wouldn't sign if I was him. He's pretty much guaranteed to be a max arb guy for 3 years which should pay him well. Even if something terrible happens he will get a good deal in free agency regardless because of his reputation. He's betting on him self and I like the bet.
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Old 04-21-2017, 10:23 AM   #17 (permalink)
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We don't know the details but knowing how the Indians do things the offer definitely would have stolen a couple FA years. Those 2 years alone stand to be worth at least $40M a piece the way things are going. His last year of arbitration will approach if not surpass $20M.

Knowing that, I don't blame him for passing on the $100M. Talks will be revisited next year and the price tag will keep getting higher.
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Old 04-21-2017, 10:31 AM   #18 (permalink)
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I wouldn't sign if I was him. He's pretty much guaranteed to be a max arb guy for 3 years which should pay him well. Even if something terrible happens he will get a good deal in free agency regardless because of his reputation. He's betting on him self and I like the bet.
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We don't know the details but knowing how the Indians do things the offer definitely would have stolen a couple FA years. Those 2 years alone stand to be worth at least $40M a piece the way things are going. His last year of arbitration will approach if not surpass $20M.

Knowing that, I don't blame him for passing on the $100M. Talks will be revisited next year and the price tag will keep getting higher.
I wouldn't want it to happen to anyone but this is baseball. One fastball up and in could change everything forever and cause permanent damage. I know that is extremely unlikely but it could happen. He faces at least 12 fastballs per game. Only takes one.
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Old 04-21-2017, 10:34 AM   #19 (permalink)
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I wouldn't want it to happen to anyone but this is baseball. One fastball up and in could change everything forever and cause permanent damage. I know that is extremely unlikely but it could happen. He faces at least 12 fastballs per game. Only takes one.
The worst possible outcome is probably Grady Sizemore. But that guy continued to get guaranteed money well into his 30s despite the worst possible outcome.

Think about Trout. He could miss the next 3 years because of injury and he would still get 3/50 million contract. For guys who are good it pays to go to free agency. Think about the money Arod made.
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Old 04-21-2017, 10:36 AM   #20 (permalink)
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I don't agree with you a lot but here I do.

Absolute Moron!

Career ending injury could be around the corner and you play for a WS contender.
You're coming around.

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We don't know the details but knowing how the Indians do things the offer definitely would have stolen a couple FA years. Those 2 years alone stand to be worth at least $40M a piece the way things are going. His last year of arbitration will approach if not surpass $20M.

Knowing that, I don't blame him for passing on the $100M. Talks will be revisited next year and the price tag will keep getting higher.
You're right that we don't know the details. But at face value, if the deal was as simple as 7 years / $100 million (meaning 2 years of FA), he's a dope. For the very same reason Aiken was a dope, and Desmond was a dope ... there's a simple principle here at play; You cannot predict the future.

I was talking about this very idea w/ one of my employer's yesterday, at what point in your life is enough money, enough money. When you work in a field with uncertainty, and you are offered $X, which is enough to ensure you and your family are comfortable forever, does it matter that you know in your heart of hearts, you could get $2X if you wait a couple of years?

The answer in Lindor's case is even easier than the scenario above, because if Lindor really does believe in himself and wants to crush a contract down the road, he can play like an All-Star for the next half decade, and then either restructure again, or go to the open market as a hot commodity. Essentially, he's sacrificing $40M (selling two FA years for low value) in potential earnings for a guaranteed $100M contract today, which is crazy reasonable. Every year he waits, he risks the $100M, for just another $10M - $15M extra down the line ...

Like I said. Moron.
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Old 04-21-2017, 10:37 AM   #21 (permalink)
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I wouldn't want it to happen to anyone but this is baseball. One fastball up and in could change everything forever and cause permanent damage. I know that is extremely unlikely but it could happen. He faces at least 12 fastballs per game. Only takes one.
With his endorsement deals and whatnot it's a risk that he can afford to take. No need for him to accept a lesser contract out of fear. If he's a pitcher, sure, since injuries are way more common.
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Old 04-21-2017, 10:40 AM   #22 (permalink)
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The worst possible outcome is probably Grady Sizemore. But that guy continued to get guaranteed money well into his 30s despite the worst possible outcome.

Think about Trout. He could miss the next 3 years because of injury and he would still get 3/50 million contract. For guys who are good it pays to go to free agency. Think about the money Arod made.
Do you not remember Kirby Puckett? Got drilled in the face and lost his vision in one eye. How much of a contract do you think they'd give him only being able to see out of one eye?
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Old 04-21-2017, 10:43 AM   #23 (permalink)
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Moron.

He's not eligible to be a FA for five years. FIVE YEARS. He's gonna be making pennies this year and next year, and in five years time, who knows what will happen with him, with his health, with baseball. Not to mention, the year he becomes a free agent is the year the CBA expires, so between now and then, who knows how future contracts are structured, if they're still 100% guaranteed; if there's a work stoppage ... whatever.

I say again. Moron.
While I agree with your point, contracts will always be guaranteed, Union will never budge on that. Nothing MLB owners can do to get that from going away. Don't they say that the Players Union in baseball is one of the most powerful in the world and their war chest is more then enough to keep players taken care of for a few years? Guaranteed contracts are staying put
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Old 04-21-2017, 10:47 AM   #24 (permalink)
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More like his agent turned down $100 M
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Old 04-21-2017, 10:48 AM   #25 (permalink)
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While I agree with your point, contracts will always be guaranteed, Union will never budge on that. Nothing MLB owners can do to get that from going away. Don't they say that the Players Union in baseball is one of the most powerful in the world and their war chest is more then enough to keep players taken care of for a few years? Guaranteed contracts are staying put
Very likely. But five years from today, I have no idea what will happen to the game of baseball, good or bad. What happens if there's a work stoppage? What happens if the US gets involved in a World War? What happens if baseball simply isn't as popular as it is today because of some really dumb thing Manfred does in the next five years? And what happens if something breaks or snaps in a joint?

I'm not here arguing that the probability is high in any of these scenarios, I know that the likely outcome in 2022 is a new CBA similar to the old one, guaranteed contracts, baseball continues to soar. But that is simply not guaranteed, and the $100MM in front of him today is. He's risking far too much for far too little.

The difference between $10MM and $100MM is exponentially greater than that of $100MM and $200MM.
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