Giancarlo Stanton: Bobby Bonilla-itis spreads to Yankees

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New York Yankees slugger Giancarlo Stanton to keep remaining $218 million in deal​


NEW YORK -- Giancarlo Stanton is keeping the remaining $218 million and seven guaranteed years in his New York Yankees contract rather than opt out after a pair of injury-decimated seasons.

The designated hitter, who turns 31 on Nov. 8, hit .266 with 38 home runs and 100 RBIs in his first season with the Yankees in 2018. He batted .288 with three homers and 13 RBIs in 2019, when he was limited to 18 games by a left biceps strain that sidelined him from April 1 to June 18 and a right knee strain that kept him out from June 26 to Sept. 18. He hit .250 with four homers and 11 RBIs in the pandemic-shortened 2020 season, limited to 23 games by a strained left hamstring that sidelined him from Aug. 9 to Sept. 15.

He rebounded to become the Yankees' best offensive player in the playoffs, hitting .308 (8-for -26) with six homers and 13 RBIs in seven games.

A four-time All-Star with Miami, Stanton agreed to a $325 million, 13-year contract with the Marlins in November 2014. He hit .281 in 2017 and led the major leagues with 59 homers and 132 RBIs, then was traded to the Yankees in December 2017 for second baseman Starlin Castro, right-hander Jorge Guzman and minor league infielder Jose Devers.

Stanton is due $29 million in each of the next two seasons, $32 million annually from 2023 through '25, $29 million in 2026 and $25 million in 2027. The deal includes a $25 million club option for 2028 with a $10 million buyout.

As part of terms of the trade, because Stanton did not opt out, the Marlins will send the Yankees $30 million to offset part of what remains in his contract: $5 million each on July 1 and Oct. 1 in 2026, 2027 and 2028.

www.espn.com

Yanks' Stanton to keep remaining $218M in deal

Giancarlo Stanton is keeping the remaining $218 million and seven guaranteed years in his deal with the Yankees.
www.espn.com www.espn.com


I suppose the Yankees have gotten not quite as much value as the Angels got out of their terrible contract with Albert Pujols. Still though...

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Good. Fuck the Yankees. As a royals fan, My hatred for them Goes back to the 70s.
 
In all honesty the Yankees probably have made, or will make, as much off his jersey sales and other merch than that contract costs. Still funny.
 
". . .Stanton is due $29 million in each of the next two seasons, $32 million annually from 2023 through '25, $29 million in 2026 and $25 million in 2027. The deal includes a $25 million club option for 2028 with a $10 million buyout."

godDAMN why didn't i pursue baseball as a kid?! i mean, obviously the chances are extremely low i'd have ever come close to realizing what giancarlo has accomplished, but hooo-leee fuck that must be nice!




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Mofo said:

New York Yankees slugger Giancarlo Stanton to keep remaining $218 million in deal​


NEW YORK -- Giancarlo Stanton is keeping the remaining $218 million and seven guaranteed years in his New York Yankees contract rather than opt out after a pair of injury-decimated seasons.

The designated hitter, who turns 31 on Nov. 8, hit .266 with 38 home runs and 100 RBIs in his first season with the Yankees in 2018. He batted .288 with three homers and 13 RBIs in 2019, when he was limited to 18 games by a left biceps strain that sidelined him from April 1 to June 18 and a right knee strain that kept him out from June 26 to Sept. 18. He hit .250 with four homers and 11 RBIs in the pandemic-shortened 2020 season, limited to 23 games by a strained left hamstring that sidelined him from Aug. 9 to Sept. 15.

He rebounded to become the Yankees' best offensive player in the playoffs, hitting .308 (8-for -26) with six homers and 13 RBIs in seven games.

A four-time All-Star with Miami, Stanton agreed to a $325 million, 13-year contract with the Marlins in November 2014. He hit .281 in 2017 and led the major leagues with 59 homers and 132 RBIs, then was traded to the Yankees in December 2017 for second baseman Starlin Castro, right-hander Jorge Guzman and minor league infielder Jose Devers.

Stanton is due $29 million in each of the next two seasons, $32 million annually from 2023 through '25, $29 million in 2026 and $25 million in 2027. The deal includes a $25 million club option for 2028 with a $10 million buyout.

As part of terms of the trade, because Stanton did not opt out, the Marlins will send the Yankees $30 million to offset part of what remains in his contract: $5 million each on July 1 and Oct. 1 in 2026, 2027 and 2028.

www.espn.com

Yanks' Stanton to keep remaining $218M in deal

Giancarlo Stanton is keeping the remaining $218 million and seven guaranteed years in his deal with the Yankees.
www.espn.com www.espn.com


I suppose the Yankees have gotten not quite as much value as the Angels got out of their terrible contract with Albert Pujols. Still though...

ezgif-2-67337ad07052.jpg
Click to expand...
hey! hes got an .890 OPS in those 41 games!
 
fordman84 said:
In all honesty the Yankees probably have made, or will make, as much off his jersey sales and other merch than that contract costs. Still funny.
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The only people who laugh at the Bonilla deal are people who simply don’t understand finances. It really wasnt/isn’t a horrible deal.

Yesterday’s dollar =/= Today’s dollar
 
calsnowskier said:
The only people who laugh at the Bonilla deal are people who simply don’t understand finances. It really wasnt/isn’t a horrible deal.

Yesterday’s dollar =/= Today’s dollar
Click to expand...
The Bonilla deal was made in part because the Wilpons got scammed by Madoff. They made an overly sweet buyout expecting a 10% ROI, and thought they were both getting Bonilla as a player off the team and creating an asset with the fund to pay Bonilla off.

They bought Bonilla off at 8% interest. It's not that they deferred the deal, it's that they agreed to dumb terms.
 
calsnowskier said:
The only people who laugh at the Bonilla deal are people who simply don’t understand finances. It really wasnt/isn’t a horrible deal.

Yesterday’s dollar =/= Today’s dollar
Click to expand...

Guy Incognito said:
The Bonilla deal was made in part because the Wilpons got scammed by Madoff. They made an overly sweet buyout expecting a 10% ROI, and thought they were both getting Bonilla as a player off the team and creating an asset with the fund to pay Bonilla off.

They bought Bonilla off at 8% interest. It's not that they deferred the deal, it's that they agreed to dumb terms.
Click to expand...

Yes, it's still dumb from the perspective that the Wilpons got wrapped up with Madoff in the first place and then agreed to pay this guy a million bucks for 25 years, but with the way salaries have been spiraling up in the last few decades, it's beginning to look less and less like a horrible deal.
 
Hu War Yu said:
Yes, it's still dumb from the perspective that the Wilpons got wrapped up with Madoff in the first place and then agreed to pay this guy a million bucks for 25 years, but with the way salaries have been spiraling up in the last few decades, it's beginning to look less and less like a horrible deal.
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They still got snookered.

It's a deal Bonilla would have been crazy NOT to take. 8% interest was/is hard to come by.
 
Guy Incognito said:
They still got snookered.

It's a deal Bonilla would have been crazy NOT to take. 8% interest was/is hard to come by.
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Of course, and that's why people like to bring it up every july. But a million a year, I think the batboys get that much now, so it's not exactly hurting the franchise's ability to pay anybody else.
 
Hu War Yu said:
Of course, and that's why people like to bring it up every july. But a million a year, I think the batboys get that much now, so it's not exactly hurting the franchise's ability to pay anybody else.
Click to expand...
Still, it's a $15 million liability at this point. Not much on a per annum point anymore, but it's still pretty much higher than anyone in pre-arbitration is making, unless they do something dumb like the Phillies did with Scott Kingery.
 
8% is a good return. But it isn’t “hair on fire” bad for the Mets. And everyone who ever talks about it talks about it like it is “hair on fire” bad.
 
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