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Tommy is Mike's brother's Godfather
I for one certainly don't understand what the business of sports has turned into in order to pay a player $700 million. I don't care if it's over ten years or twenty. Will our grandchildren be talking about this guy like we talk about Ruth? Mantle? Mays? Rose? Even if he goes down as one of the ten greatest players of all time -- and I for one don't think he's near there yet -- this is what the world, the business of sports, has become? He's done what he's done for what, five years? Six? Seven? OK, I get it, he hits and pitches. Sure, he's the pink unicorn, but $700 million? Is he going to impact a game, the season, a team, the game itself to justify that? I've heard him called the most talented baseball player in the history of the game. However, how much of an impact that title -- and this player -- make? This is the largest player contract in the history of professionals team sports. It's the largest in all of professional sports. Based upon today's dollars, how much would Ali have been paid? In today's dollars, and he's not far off his prime, what about Cristiano Ronaldo? Lionel Messi? He allegedly got $674 million, but even that is a bit distorted as it was still tied to endorsements and endorsement dollars. I know crap but I said no way was Patrick Mahomes worth $450 million. I spoke with a friend of mine who is a sports agent, and he said this number was far bigger than even professionals expected. It was almost twice as big as the next best free agent deal. While he told me LA is the team best positioned to maximize and leverage his value, image, marketing, and so on, however, at the end of the day there is still the series of questions -- how much are they going to make on him? How much is he actually going to win you, for you, etc.? Is this guy a commodity that can generate revenue, ticket sales, merchandise, and so on like Magic, Bird, Shaq, even more an MJ, or LeBron, and others, and be the cultural icon of a Messi or RonaldoTwo major elbow surgeries? Taking him out to age 39 (yes, the contract had to be structured that way)? I get that a lot of the money is "deferred" and that can mean a lot. My friend said the "real" value could be as low as $40mm a year, but at the end of the day, somehow $700 million becomes a real number. Even if you get a discount, that $700 million could have been on your side of the ledger.I guess in the end, when does the number reach $1 billion? Does the player become more "valuable" or more "expensive" than the team?
You're right on the money but how much does he bring to the table in terms of world wide revenue for the Dodgers?
I don't know, how much? $1 billion? For the Dodgers? I can see this guy generating massive endorsement revenue, for himself! But for the Dodgers? $1 billion? From what? Selling jerseys? Bats? Helmets? Season tickets? Is a corporate sponsor going to sign on for major money because of him? To have their name and product seen in the ballpark all season? My sports agent said for this athlete, himself, personally, the sky could be the limit, if he strikes now, moves fast, gets some real substance out in the marketplace (he said like the "Just do it" campaign or the "Bo knows" campaign), but for the Dodgers, it's a different sell and marketplace. If I were American Express, I'd be quicker to pay him than the Dodgers. But, that's just me, I don't know crap about the sports business...I am just looking to make money from horses, LOL.
they needed to add an arm as Kershaw not the same pitcherthat said, they have huge revenue streams, they can afford it
I see your point. I was thinking if the Dodgers were involved with any TV contracts with Asia, kind of crossed my mind. Good luck with your horses.
Thanks. That's true. I have no idea who "owns" the rights to broadcast the games, but if they start selling broadcast rights or however it works, somebody could be making a lot of money on that. It's either the team or MLB.
I would love to have been a fly on the wall during the Dodgers negotiations in the front office.
most of the money is deferred to 2034 hes only getitng 2 mill a yr
