Comments on: Take The Money And Run Or Walk Hard And Wait? http://www.sportsagentblog.com/2008/05/08/take-the-money-and-run-or-walk-hard-and-wait/ Sports Business, Sports Law, Sports Negotiations, NCAA Rules Thu, 01 Dec 2011 15:23:00 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: SportsAgentBlog.com | Sports Agent News» Contract Negotiation MLB Players MLB Teams » Orlando Hudson’s Creative Contract http://www.sportsagentblog.com/2008/05/08/take-the-money-and-run-or-walk-hard-and-wait/#comment-119954 SportsAgentBlog.com | Sports Agent News» Contract Negotiation MLB Players MLB Teams » Orlando Hudson’s Creative Contract Thu, 26 Feb 2009 15:01:45 +0000 http://www.sportsagentblog.com/?p=1180#comment-119954 [...] is not the first time that I am giving Paul Cohen props on this blog for his negotiating skills.  On May 8, 2008 I praised Cohen for securing his client, Troy Tulowitzki, a six-year, $30 million contract with the Rockies.  [...] [...] is not the first time that I am giving Paul Cohen props on this blog for his negotiating skills.  On May 8, 2008 I praised Cohen for securing his client, Troy Tulowitzki, a six-year, $30 million contract with the Rockies.  [...]

]]> By: Austin http://www.sportsagentblog.com/2008/05/08/take-the-money-and-run-or-walk-hard-and-wait/#comment-73706 Austin Fri, 09 May 2008 18:20:16 +0000 http://www.sportsagentblog.com/?p=1180#comment-73706 Even the Longoria deal was a good deal for both parties. The max Longoria can make is around around $30 mill. but he is guaranteed $17.5mill. That may seem a little dumb on both parts. Longoria is a can' tmiss prospect that would fetch $80 plus million if he lives up to his potential. Also, to invest a guaranteed $17.5mill in a player that only had 2 weeks of big league experience is a little risky. Lightening in a bottle or an injury could dethrone his career. They could look on their own roster at Eric Hinske or a Hank Blalock that had monster rookie years they tailed off quickly. However, I think the way to look at the situation is like this. At worst, Longoria is a gold-glove calibar thrid baseman that will hit for decent power (20 hr. range), so that alone is worth $17 mill over 6 years, thats not even 3 mill a year from the Rays perspective. From Longoria's perspective, he will still be 27-28 years when this contract expires. That is the prime of his career. If he outperforms his contract and lives up to his vast potential, he will command $130mill plus when you factor in inflation, the market in 2014, and numerous other factors. He will be in the prime of his careeer and be able to demand anything he wants. For now he gets security and the chance to recieve $30 mill over the next 6 years regardless. I feel as though you should make these decisions based on a case-by-case basis. However, locking up a big-time prospect early on by small market teams is the only way to compete. The investment is small relative to the free agency market and potential for a high-reward. Even the Longoria deal was a good deal for both parties. The max Longoria can make is around around $30 mill. but he is guaranteed $17.5mill. That may seem a little dumb on both parts. Longoria is a can’ tmiss prospect that would fetch $80 plus million if he lives up to his potential. Also, to invest a guaranteed $17.5mill in a player that only had 2 weeks of big league experience is a little risky. Lightening in a bottle or an injury could dethrone his career. They could look on their own roster at Eric Hinske or a Hank Blalock that had monster rookie years they tailed off quickly. However, I think the way to look at the situation is like this. At worst, Longoria is a gold-glove calibar thrid baseman that will hit for decent power (20 hr. range), so that alone is worth $17 mill over 6 years, thats not even 3 mill a year from the Rays perspective.

From Longoria’s perspective, he will still be 27-28 years when this contract expires. That is the prime of his career. If he outperforms his contract and lives up to his vast potential, he will command $130mill plus when you factor in inflation, the market in 2014, and numerous other factors. He will be in the prime of his careeer and be able to demand anything he wants. For now he gets security and the chance to recieve $30 mill over the next 6 years regardless.

I feel as though you should make these decisions based on a case-by-case basis. However, locking up a big-time prospect early on by small market teams is the only way to compete. The investment is small relative to the free agency market and potential for a high-reward.

]]> By: Chris Lesley http://www.sportsagentblog.com/2008/05/08/take-the-money-and-run-or-walk-hard-and-wait/#comment-73585 Chris Lesley Fri, 09 May 2008 05:34:23 +0000 http://www.sportsagentblog.com/?p=1180#comment-73585 One word: Bonuses. One word: Bonuses.

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