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qudjy1
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 Posted: Sun Jan 21, 2007 12:00 pm Post subject: Utley signs 7 year 85M contract |
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Buys out 3 years of Arb...
Link!
Interesting deal for both - they must feel he is the real deal, and he knows where he wll be playing for the next 7. The security of having 85M guaranteed is pretty nice.. I have to say, i dont like this kind of deal for the phils in general - as committing 7 years to anyone is risky... |
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shoewizard
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| Posted: Sun Jan 21, 2007 12:05 pm Post subject: |
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Utley is the type of player you take a chance on if you are going to sign someone to this long of a deal....but I agree...thats alot of risk.
He really is a great player though, not just a good one. |
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TAP
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| Posted: Sun Jan 21, 2007 12:06 pm Post subject: Re: Utley signs 7 year 85M contract |
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| qudjy1 wrote: |
| ... he knows where he wll be playing for the next 7. |
Unless his agent negotiated a no-trade clause, Chase could find himself playing for any of 29 other teams at the Phillies' whim during those 7 years.
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qudjy1
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| Posted: Sun Jan 21, 2007 12:43 pm Post subject: Re: Utley signs 7 year 85M contract |
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| TAP wrote: |
| qudjy1 wrote: |
| ... he knows where he wll be playing for the next 7. |
Unless his agent negotiated a no-trade clause, Chase could find himself playing for any of 29 other teams at the Phillies' whim during those 7 years.
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Fair enough... I was really just thinking about him not entering FA in 3 years - but you are right - i dont think there was any NTC attached...
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Dangerfield
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| Posted: Sun Jan 21, 2007 6:11 pm Post subject: |
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well, it reinforces how effed in the A, we are, with contracts like that.
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levski
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| Posted: Sun Jan 21, 2007 8:23 pm Post subject: |
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| just goes to underline the importance of drafting well and protecting your pre-arb players like your eyes... |
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Hank
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| Posted: Sun Jan 21, 2007 8:37 pm Post subject: |
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If Utley stays healthy, he will regret that contract. By the last two or three years of his deal, guys with the talent of Royce Clayton will be making more than him, given current salary trends.
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qudjy1
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| Posted: Sun Jan 21, 2007 8:53 pm Post subject: |
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Will he really though?
Even at an extra 2Mill per year he would have made 100M over those seven years... Really, whats the difference between being an 85M man, and a 100M man... you are insanely rich either way...
Really, if it was me, i would be ok sacrificing some potential earning power with the security he now has...
What happens if he blows out a knee in spring training? |
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Hank
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| Posted: Sun Jan 21, 2007 9:05 pm Post subject: |
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| qudjy1 wrote: |
| What happens if he blows out a knee in spring training? |
Notice, I said only if he stays healthy will he regret the deal. He will love the deal if he gets hurt or becomes ineffective. That is, presumably, why he made the deal. He hedged his bets.
I don't think, however, that we are talking about a couple of million. When RJ came to the D-backs in 1999, which is eight years ago, he was paid 9,000,000 that first year. The top pitchers in baseball now are making twice that. RJ was not quite the highest paid pitcher in baseball that year, but he was, I think, in the top 5. Now 9,000,000 buys you a little bit more than Doug Davis.
There are already position players making 18 million per year. In seven years, the top players are going to probably be over 25 million per year. Utley looks like something special, so he may be making more than 5 million dollars per year less than other guys at his position.
I agree he is insanely rich in any event, but human beings being what they are, giving up perhaps 30 to 50 million dollars hurts even when you have 50 million in the bank.
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matt
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| Posted: Mon Jan 22, 2007 12:31 am Post subject: |
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| I guess I'm still adjusting to hte higher prices but I think Utley robbed them blind. This isn't a free agent signing for 7/85, it is a guy who hasn't even gone through arb yet. Even if he got a lot for a 1st, 2nd, and 3rd year arb guy, he'd still get less than $20 for those three years (and $20M for three years of arb is REALLY generous). After that, it's essentially a 4 yr deal for $65M+ (16.25M/yr). |
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Hank
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| Posted: Mon Jan 22, 2007 8:43 am Post subject: |
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Okay, your point on buying out the arbitration years is solid. In that light, Utley probably did okay no matter what. I'm sure that Chase went to bed a happy man last night.
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EvilJuan
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| Posted: Mon Jan 22, 2007 8:47 am Post subject: |
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OK, which is more likely to happen?
+ The market continues to rise (as Hank outlined above) until even utility players are receiving eight-figure annual salaries (ie, >$10M/year); -or-
+ There is a market restructuring along the lines of what happened a few years ago in the NHL -- where even borderline talents were being offered (and accepting) contracts for multiple millions of dollars annually.
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Hank
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| Posted: Mon Jan 22, 2007 4:27 pm Post subject: |
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| EvilJuan wrote: |
OK, which is more likely to happen?
+ The market continues to rise (as Hank outlined above) until even utility players are receiving eight-figure annual salaries (ie, >$10M/year); -or-
+ There is a market restructuring along the lines of what happened a few years ago in the NHL -- where even borderline talents were being offered (and accepting) contracts for multiple millions of dollars annually. |
I don't think you are going to see an NHL like salary collapse, but it is possible that the pace of increase flattens out as the salaries reach the marginal level where the owners cannot find new revenue to pay more to the players. I don't think that we have reached that point yet. Ticket prices in most parks are still low enough to absorb more growth, and with a strong economy, television and advertising dollars continue to grow.
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