The talks between the Red Sox and Juan Soto are heating up.
tommyrusty7
Posts: 2,049 ✭✭✭✭
It is being said he wants to play for the Red Sox and is working on a 15 year deal!
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I hope they sign him, they got the money and need to spend it to compete with the Yankees
Reportedly, the Red Sox's annual revenue in 2023 was ~$500 million. If they pay him $45M/yr. that's 9% of revenue.
Their 2024 payroll was $217M. Question for those that follow BOS closely. If they sign him, would they exceed the penalty thresholds?
FWIW, I think MLB baseball has some headwinds at a macro-level & I would be reluctant to invest in the sport to this level. It's not my money so don't really care.
I'd rather see league revenue sharing like you have in the NFL. At some point, salaries cannot continue to go up at such crazy levels. Not sustainable.
BTW, if you pay Devers $30M then $45M seems like a good deal for Soto.
Erik
He wants to play for whoever will give him the most money. If the Red Sox are the highest bidder they will get him, if they arent they wont.
A 15 year deal for him would be a disaster but the meeting they had was just introductory and years and dollars were never discussed.
Wisconsin 2-6 against the SEC since 2007
Depends what they do elsewhere and those will change again very soon with the new CBA thats coming
If salaries dont keep going up then all it does is increase owner profit. The revenue is going to keep increasing
Wisconsin 2-6 against the SEC since 2007
Honest question, is Juan Soto at age 26 better than Mookie Betts was at that same age when the Red Sox traded him because ownership didn't want to pay him?
Wouldn't it have made more sense to extend their own guy back then to what is now considered an under market contract at 12yrs/365M?
I don't know how accurate the 15yr/600M contract rumors are for Soto but they could have kept Mookie while also paying another superstar player for that same 600M that Soto is rumored to be looking for.
Eric
Erikthredd’s MJ Collection: https://www.psacard.com/psasetregistry/publishedset/395035
Erikthredd’s Nike Air Jordan Collection: https://www.psacard.com/psasetregistry/basketball/key-card-sets/nike-poster-cards-michael-jordan-1985-1992/alltimeset/408486
Offensively yes he is better than Mookie was, as an overall player no. Mookie was good in the outfield and can play infield as well, Soto is average at best in the OF. Theres also if you actually believe hes really 26 or not.
Boston waited too long to try and extend Mookie and he wasnt interested in signing for less than FA money when he was so close. It still would have made more sense to give him the 12/355 and have money left for other guys. Id be surprised if Boston actually becomes serious contenders for him
The 15/600 stuff is just rumors of his asking price. No ones been exchanging numbers with him or Boras yet. All the meetings with the Sox, Dodgers, Yankees Jays etc are teams trying to sell him on their future plans. their farm system, facilities etc. Every one knows he wants to he wants to set records with his contract, most of the meetings are to try and convince him to take less money and for Boras to use as leverage of whose publicly shown interest.
Wisconsin 2-6 against the SEC since 2007
Glad we have someone inside the room providing privileged information on these public forums.
I think it's great, it's interesting stuff when you can get different views of these type of things.
A very close friend of mine had a connection in the Patriots organization and I was told some stuff that I absolutely couldn't repeat and it was hard to keep my mouth shut lol
Had I been green lighted to share it would have
It’s great intel. Breaking news on collectors forums.
Theres nothing breaking about what Boras has already said or the fact that players do not sit in on contract negotiations or arbitration hearings unless they are their own agent
Media puts stuff out for click bait and to drive engagement. Soto isnt visiting teams to exchange contract numbers
Wisconsin 2-6 against the SEC since 2007
This started as a joke but it is starting to make some sense now!
What's a joke? I hope they sign him
I hope they sign him too but from past experience with Henry I have my doubt's. The Sox have several good looking players coming up that Soto would like to have around him so we will have to wait and see. Soto's agent does not work in a hurry as he wants every dollar he can squeeze out of these owners. If Soto sees what he likes maybe a deal can be worked out quickly.
Some irrational exuberance again.
Does one man make a team? The Red Sox organization is rife with moronic contracts in their history, and they were just as excited then, only to see disappointment...Rusney Castillo and Pablo (El sapo gordo) Sandoval are classic examples. Whether they sign Soto or not, means nada to me, just another mega ton of $$ wasted. Oh, he ain't that great of a fielder to boot!!
I find it incredible to think their farm system is so shallow that taking a chance on a few unknowns, who just need a break to hit the majors does not exist, and they would eagerly sign for comparative peanuts.
I think one of the biggest issues with Red Sox management and their decision making lies at the feet of the owner, who, IMO, is not really into fielding a winning team, only keeping fans relatively happy while his core interests lie elsewhere. The Red Sox team is merely a cash cow to him...though he be a billionaire, with a net worth of a staggering $6 billion, he simply has not prioritized baseball at Fenway Park.
That they would reup the manager, who has a PALTRY RECORD of LAST PLACE, LAST PLACE and 3rd place (by one game), they should have been 4th, is just insane to me. Oh, and he who got suspended for a year for cheating. Cora is laughing his ass off in Caguas, PR, sipping Medalla Light with his buddies, loving life. IMO, he should have been gone.
The ball is in Henry/s court and he will do as he likes with it.
The fans paying the money for these tickets is what drives the man.
The seats are impossible to sit in!
Ticket prices are through the roof!
Concessions are too expensive!
Parking is non available!
Management does not put a decent team on the field.
I watch it from Albuquerque so only have to pay for MLB package which is cheap.
When the game sucks I switch to another game that wants to win.
It's only baseball so my blood pressure does not get affected by what the Red Sox do or dont do.
What do the suckers do that have spent hundreds of dollars to visit Fenway.
Sooner or later they will stop going to games and Henry will start buying players again.
Let me waste a few minutes...
So, with some basic research, here's what the pundits have to say...
Source, Connor Ryan, Boston.com, Novemeber 13th.
Soto is projected to get, ask for, whatever...$611 million for 13 years. So, that comes to $47 million per season, which is 6 months long, April to September. With 162 games per season, he will be paid $290,123 per game, EVERY game for 13 years.
Going further, should Soto be signed to such an insane contract, he will earn approximately $96,707 per inning in a 3 hour game. About 1/2 of every game, he sits on his butt in the shade in the dugout.
INSANITY
Wait another 5 years AL and his contract won't even be in the top 5 I bet
I am all for players getting paid as much as they can. the alternative is Billionaire owners just pocketing the extra money saved on players. we know that savings on player salaries will never be put towards lowering ticket/concession prices.
I have always compared athlete salaries to hollywood actors, except, professional athletes have to work out nearly year round to stay elite and in the case of football run the risk of serious physical damage. They are not being paid for the simple 162 game schedule, they are being paid for the games, but also keeping their bodies/skillsets in peak condition.
Keep in mind, Margot Robbie earned about $59MM to play Barbie last year. for one movie. those last what, 90 minutes give or take...
George Brett, Roger Clemens and Tommy Brady.
What the hell just sign him and get it over with,
He can't be any worse than some of the signings teams have made!
Besides its not my money being spent as it wont change what I pay for the MLB package!
It probably will be if he gets that kind of monster deal. I wouldnt give it to him and any team that does will likely regret it, but with Tatis and Acuna locked up theres not really anyone in line for a monster deal that could approach that. Roki the Japanese pitcher is to young to be a free agent and will be a massive steal for whoever signs him now that hes posted.
What Boston really should do is go out and sign Bauer. Bauers been blacklisted by MLB but theres rumors they might let him sign this offseason. Even if he still is the Red Sox are a big enough name and a powerful enough owner where they could just give MLB the middle finger and do it anyways and nothing would happen to them, They would be a cheap legitimate ace on a heavily inventive contract where its a win win either way
Wisconsin 2-6 against the SEC since 2007
Not sure if this is real or not
Looks like he must have been called out on being fos and here’s his 2nd post.
Eric
Erikthredd’s MJ Collection: https://www.psacard.com/psasetregistry/publishedset/395035
Erikthredd’s Nike Air Jordan Collection: https://www.psacard.com/psasetregistry/basketball/key-card-sets/nike-poster-cards-michael-jordan-1985-1992/alltimeset/408486
100% correct, players should be paid as much as possible!!!
Owners are rich enough and a team is only worth as much as the players and viewers. (TV rights, etc.) actual attendance does not bring in that much revenue.!! 30,000 x $30 x 81 home games = $ 72 M
Personally, I think the Sox are becoming what the Pats are (Kraft in specific) not willing to pay for skilled players. wait until the revenues stat to drop.... things will change.
Look at all the great players the Sox lost in the past 5 years ..hummmmm
Sale, Eovaldi, Martnez, Betts, Bogarts just to mention afew.
Sox are one of the 5 known teams to put in offers this week but that guys just throwing things at the wall and hoping it sticks to try and get fame. The big troll move in sports reporting is to just say what you think will happen and if it does people think you have great sources, if it doesnt you delete the post later on and everyone forgets it was ever said.
Wisconsin 2-6 against the SEC since 2007
This reminds of the time many years ago when Yankee center fielder, Bernie Williams, played with the Sox as a bargaining tactic with the Yankees. Williams had no intention of coming to Boston.
Now the Rockies have entered the picture! Interesting!
This was pretty funny as a follow up to that original tweet about Soto. 😂
https://www.instagram.com/reel/DC9d5csOtDE/?igsh=MTZnNjNqemhhM3RheQ==
Eric
Erikthredd’s MJ Collection: https://www.psacard.com/psasetregistry/publishedset/395035
Erikthredd’s Nike Air Jordan Collection: https://www.psacard.com/psasetregistry/basketball/key-card-sets/nike-poster-cards-michael-jordan-1985-1992/alltimeset/408486
https://nesn.com/2024/12/mlb-rumors-juan-soto-sweepstakes-down-to-these-two-teams/
More chit chat
He is probably just trying to get the Yankees to come up with more $$$$$.
It's all about how much money the agents make not the players!W What de they get 20%. Not a bad haul for them so every higher bid makes them laugh all the way to the bank.
They dont get close to 20 percent on big contracts. They dont even get close on other ones. Agents dont determine where players go
Wisconsin 2-6 against the SEC since 2007
I always thought agents got around 5%. It's the government that gets 20%, or more, in taxes.
I thought the agents fee was somewhere between 5% and 10%. it is federal taxes that are the real killer for these big contracts.
George Brett, Roger Clemens and Tommy Brady.
I heard every player that comes to Fenway to play against the Sox is subject to Mass State tax for their game check regardless of what team they are on.
Is this true @Basebal21 ?
I dont know what the percentage is but would love to have even 5 % of it and I am sure Boras is holding off on accepting a deal that will not feather his nest with whatever he can get.
Not Baseball21 Paul, but...this should clear it up, and yes they do, everywhere they play. It gets a little sticky if their home of record is one of the 9 states that has no income tax. Gotta have a tax pro to do their taxes at years end!!
https://www.jacksonhewitt.com/tax-help/jh-tax-talk/do-baseball-players-pay-state-taxes/
Thanks Al!
Taxes are just too complicated for me. I am 85 years old and dont worry about them anymore but I can see how it would get real complicated for those making millions of dollars a year and getting 1099's from 40 different states. What a mess!
They have to file in Canada too if they have the Blue Jays on their schedule. The high tax states makes it harder for those teams to sign guys. Harper would have signed with the Giants if they were willing to cover the extra CA tax cost, but the Giants weren't willing to do it
5 is fairly standard for agents but really just depends who you are. The guys signing the massive contracts its 1-2 percent.
Wisconsin 2-6 against the SEC since 2007
The tax changes in 2018 which set the cap on SALT deductions are obscene from my perspective. That needs to be capped for high income earners. It is about a 10% difference between CA and PA which is a bit ridiculous.
As for the filing in all those states… that’s not a big deal. I would imagine these guys have firms handling their tax machines.
Am sure Boras will lead them to a shrewd accountant.
guys in that situation would be well advised to hire 2 accountants from 2 separate firms. One to do the taxes and the other to be the watchdog on the guy doing the taxes.
George Brett, Roger Clemens and Tommy Brady.
I can only imagine how difficult it would be to keep an eye on contracts like this, as a player to have such a hectic schedule it would be very difficult to manage and to keep track of who is stealing money from you.
Baker Mayfield had 12 million taken from him by his own fathers business, I can only imagine how that situation will play out
I would think the prudent baseball player would become familiar with tax issues that directly relate to his income and its complexities. Surely they have ample time to study the subject to ensure having enough knowledge to review the books once a month or more, after all, they do nothing for 6 months a year. If need be, were it me, I'd hire a tutor on this particular topic and get me smart, really smart. Greed abounds, and only a fool (obviously there are many), who choose to not be smart and entrust others and give them cart blanche as it regards to their business. Surely this topic can't be that hard to grasp.
However, the music industry is rife with ripoffs, from Billy Joel, the Stones, The Who, Badfinger and the list goes on and on.
Baseball I think is a different animal, that does not have the complexities of touring and management stresses.
They dont do nothing for 6 months, theyre constantly training and many are playing in winter leagues. Spring training starts in February and the season goes until at least October anyways.
The big agent agencies all have tax people for them. It would be the end of the agency if they got caught stealing from their clients
Wisconsin 2-6 against the SEC since 2007
@Basebal21 you are correct. these guys are not sitting idle 6 months a year. they are constantly working out and training.
George Brett, Roger Clemens and Tommy Brady.
MCMLVtopps is more correct. He said players surely have ample time to study the subject which is correct. And actually they would have 12 months to study the subject if they choose to. Even on game days believe it or not.
I did not mean to say they do not have time to learn about taxes or whatever they want to learn about. the notion that these guys only "work" 6 months out of the year is often repeated though, and is a false one. they train year round.
George Brett, Roger Clemens and Tommy Brady.
I know Craig nothing against you or your post. It’s basebal21 constantly correcting people because he thinks he’s an expert on everything under the sun that I have a problem with.
The ‘6 months’ wasn’t important when the gist was that they surely have time to study the subject which is true. They could even study during the season before or after games.