Rasner signs!

by jscape2000 on Dec 18, 2007 7:29 AM EST in News Comment 10 comments

Chad Jennings reports that Darrel Rasner has signed a minor league deal with the Yankees.

He'd have to win back his spot on the 40-man before he can make the team, so for now he's just minor league filler.

Oh yeah, somebody else re-signed with the Yankees, too. He got a major league deal.

While we're on the subject, I didn't have a chance to comment about it at the time, but check out Arod's new contract at Cot's:

08:$27M, 09:$32M, 10:$32M, 11:$31M, 12:$29M, 13:$28M, 14:$25M, 15:$21M, 16:$20M, 17:$20M

It's not backloaded!

While some of that financial flexibility could be lost due to the huge performance clauses for the record breaking homeruns, I hope this represents a refusal by the administration to hand out backloaded deals.

Given the rate of inflation in MLB salaries, $21 million for a 39-year old Arod might actually be palatable (knock on wood).

0 recs | Comment 10 comments

Story-email Email Printer Print

Comments

I think

it makes sense. They've got something like 60 million coming off the books for '08 and 40 million on '09, might as well take advantage.

by kuri3460 on Dec 18, 2007 9:29 AM EST reply actions 0 recs

i like it

Ras is a good step in guy if too many guys get hurt.

re-sign Jaret Wright

by yankeechaser on Dec 18, 2007 10:38 PM EST reply actions 0 recs

arod deal

actually you're completely wrong on the backloading. first of all because of inflation that money would have been worth less in 2015 then it is now. also the yankees could have investeded that money now at a high interest clip per year. so due to inflation and not having 10 years worth of investment return, the yankees actually lose money by frontloading deals. thank you for showing us how little you know about economics.

by kinggeedorah on Dec 19, 2007 11:01 AM EST reply actions 0 recs

Inflation

Since he said "given the rate of inflation in MLB CONTRACTS..." I think he was talking about the steady rise of player salaries each year, i.e. a player of a-rod's skill-set will go for much more than the 21 mil he is currently set to make at that time and if they were so inclined, move him much easier than if his contract were backloaded.

by seanp23 on Dec 19, 2007 11:07 AM EST up reply actions 0 recs

That's what I was saying

If a 32 year old Torri Hunter is worth 16 million in 2008, good players are going to be much more expensive in 5 years.

"Have faith in the Yankees, my son. Think of the great DiMaggio."

by jscape2000 on Dec 19, 2007 12:41 PM EST up reply actions 0 recs

The Yankees

are a baseball team, not a hedge fund. They have to deal with the luxury tax and salary caps.

The Yanks being the Yanks, any interest they lose due to front-loading is more than likely mitigated by the fact that they won't be paying luxury taxes on a 40 year-old DH. The Yanks are not going to put $ into a high-risk vehicles.

I always feel pressure. What I don't have is fear. -- El Duque

by LateInningRelief on Dec 19, 2007 12:57 PM EST up reply actions 0 recs

Umm...

unless the Yankees start playing football, basketball or hockey, they don't have to worry about salary caps at all.

Fear the Evil Empire

by pfistyunc on Dec 20, 2007 3:16 PM EST up reply actions 0 recs

Whatever, luxury tax, same

diff...

I always feel pressure. What I don't have is fear. -- El Duque

by LateInningRelief on Dec 21, 2007 4:23 PM EST up reply actions 0 recs

arod

invested*

by kinggeedorah on Dec 19, 2007 11:02 AM EST reply actions 0 recs

Doesn't matter ...

Economics don't matter with a team with a license to print money. I just hope they print enough to put together a strong middle-relief corps, and maybe land a frontline starter--like a Santana without gutting our system.

Personally, I wouldn't care if Arod got $50million so long as he rakes and helps bring some bling to NYC.

"Baseball is the background music of my life." -George Will

by Ronster22 on Dec 19, 2007 11:37 AM EST up reply actions 0 recs