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Saturday, December 03, 2005 |
Pickoff Moves
A's Interested In Bradley, Other A's News
- We hear that Beane is possibly interested in Milton Bradley, but you'd think that Jose Guillen would have learned him about those kind of annoyances. They're also thinking about a one-year rental of Mike Piazza, Frank Thomas, or Nomar Garciaparra, the latter allegedly interested in working in the outfield. Supposedly, the Angels have also spoken with Thomas's agent, as have the Twins; the Indians, Pirates, Tigers, and Orioles have inquired about Garciaparra.
- Rich Harden is ahead of schedule on his non-pitching shoulder rehab.
- Ricardo Rincon will leave the club as a free agent as expected.
- Paul DePodesta is likely to come back into the A's fold after the birth of his second child in January.
Ramirez Non-News
In the Providence Journal, the four-headed monster that is the current Red Sox front office tells tales:"Teams have expressed a lot of interest in Manny," confirmed Hoyer, "but he's still one of the top 3-4 hitters in baseball. We'er going to keep on listening. But as evidenced by the fact that we haven't made a deal, no one has stepped up and (met) the price we want for him.It's a complicated situation; they could certainly hold on to him, as the team's under no obligation to honor his request, a circumstance that applied when the Dodgers had a disgruntled Gary Sheffield in 2001. Since he has 10/5 protection, he can veto any trade."We're going to keep listening, and if something worked out that we felt would benefit the club short- and long-term, we would act. We're certainly not going in with the expectation that we're going to make a trade. Someone would really have to step up and meet our expectations."
Twins Trade For Castilla
The Marlins sent second baseman Luis Castilla to the Twins in exchange for a pair of pitchers, Travis Bowyer and Scott Tyler.
Comments:
It was also mentioned the other day -- perhaps in one of Rosenthal's columns; I don't remember -- that Manny would be seeking some kind of contract extension as well, which could further complicate a trade.
# posted by 
: 12/03/2005 08:22:00 AM
: 12/03/2005 08:22:00 AM
I have also heard (see comment 290 in this Dodger Thoughts thread) and been unable to confirm that NESN reported Manny would be willing to take a pay cut if it accellerated his departure from Boston. Such talk is bunk, of course, as the players' union would never allow such a thing.
Rob, Manny could restructure his contract. For instance look at the New York Mets and bobby Bonilla. If say the Angels get Ramirez, Manny could then allow the Angels to delay $20 million of his contract. Essentially, the Angels would pay him $1 mill a year for 20 years. The thing is the discount rate, as a dollar today is worth more than a dollar in 10 years. If the future discount rate is 1%, that would be a considerable savings for the Angels or whatever team picked up Ramirez. Discount rates on most financial instruments are significantly higher.
# posted by : 12/03/2005 11:20:00 AM
: 12/03/2005 11:20:00 AM
If the deal was restructured to delay payment where the Angels delayed $20 million in salary, and paid Ramirez a million dollars every year starting in 2015 Arte would save (using a conservative 5% future discount rate) nearly $12 million dollars.
A restructured deal can be the same as a salary cut, as the foremost example illustrates. A dollar today is not worth in ten years. Ramirez at 3/46 is a lot more enticing.
A restructured deal can be the same as a salary cut, as the foremost example illustrates. A dollar today is not worth in ten years. Ramirez at 3/46 is a lot more enticing.
# posted by : 12/03/2005 06:29:00 PM
: 12/03/2005 06:29:00 PMNewer› ‹Older
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