Author Topic: Cubs in '19  (Read 72302 times)

Reb

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Re: Cubs in '19
« Reply #1425 on: January 11, 2019, 03:17:02 pm »
With the suspension he will make $3.4 million max.  I believe this guarantees his contract as well.

Arb contracts are not guaranteed. Doesn’t matter if settled before a hearing or set by arb panel after a hearing. Same thing—-they are still arbitration contracts. Implication to the contrary in that Cubs Den piece is incorrect.


craig

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Re: Cubs in '19
« Reply #1426 on: January 11, 2019, 03:18:55 pm »
...Assuming the information I just Googled is right, ..... if my math is right, he has to be on the roster for the entire season he is eligible to play to get that last $200K.   If there is one rainout in March/April that is rescheduled for after May 3, that will push his return back another day and he won't be able to get the last $200K.

That seems like an odd structure, to have $200K depend on an April rainout.  Why do that? 

Q:  I assume post-season roster days don't count?  Like, maybe 80% expectation for an April rainout?  Maybe basically it's not intended to pay the extra $200K unless they both reach the playoffs and he's included on the playoff roster? 

Does days on roster preclude days on disabled list?  Or do 10 days on the DL still qualify as roster days for salary purpose? 

CUBluejays

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Re: Cubs in '19
« Reply #1427 on: January 11, 2019, 03:25:36 pm »
Baez settles at $5.2, Bryant $12.9.

craig

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Re: Cubs in '19
« Reply #1428 on: January 11, 2019, 03:25:37 pm »
Arb contracts are not guaranteed. Doesn’t matter if settled before a hearing or set by arb panel after a hearing. Same thing—-they are still arbitration contracts. Implication to the contrary in that Cubs Den piece is incorrect.

Thanks, reb.  That's a significant clarification, I'd wondered about that.  The different between Russell being guaranteed or not is kinda significant.  Perhaps as pertains to potential FA activity, too.  *IF* they want to add somebody but are money-tight, releasing $3.4-4 might make it a little easier.  Not at all thinking it's likely, think Theo is pretty much set on his 2015 talent core.  But in the remote scenario that they did decide to boost the lineup by signing Machado, the need for Russell in middle infield would decrease, and cutting $3.4 would make the added cost a little bit less exaggerated.

brjones

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Re: Cubs in '19
« Reply #1429 on: January 11, 2019, 03:26:46 pm »
Jon Heyman @JonHeyman
Javier Baez settles at 5.2M #cubs


That's almost $2 million lower than MLBTradeRumors' estimate. Montgomery was also about a half million low, while everyone else was within about $200K (with Bryant still pending).

CUBluejays

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Re: Cubs in '19
« Reply #1430 on: January 11, 2019, 03:36:47 pm »
Bryant was $12.9.

After more reading on the MLB website it could be either on Russell’s contract. The team/player can remove the no guarantee language in the contract. I wonder if that typically happens as a way to get guys to make a deal.

brjones

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Re: Cubs in '19
« Reply #1431 on: January 11, 2019, 03:39:36 pm »
I would assume that there was no way the Cubs were going to guarantee Russell's contract, though.

CUBluejays

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Re: Cubs in '19
« Reply #1432 on: January 11, 2019, 03:46:35 pm »
SignBryceHarperCountTommy

 
In case you were wondering, the Cubs are now looking at roughly $204.5 million in payroll and $222.5 million in luxury tax payroll for 2019

Jordan Bastian
@MLBastian
Looking at MLBTR's arb projections, the Cubs came $2.665M under with a total of $36.235M base for their 7 players (though it's about $570,000 or so under that due to Russell not receiving pay for first month).
« Last Edit: January 11, 2019, 03:48:06 pm by CUBluejays »

Jes Beard

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Re: Cubs in '19
« Reply #1433 on: January 11, 2019, 05:28:43 pm »
Have the Cubs signed Harper yet?

Reb

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Re: Cubs in '19
« Reply #1434 on: January 11, 2019, 06:51:15 pm »
Bryant was $12.9.

After more reading on the MLB website it could be either on Russell’s contract. The team/player can remove the no guarantee language in the contract. I wonder if that typically happens as a way to get guys to make a deal.

Yes, the general rule is arb contract is not guaranteed, but if all parties (including MLB approval) agree to make the contract guaranteed, they can mutually agree to do that. Happens occasionally, but not often. When it does, usually a fringy, bench guy making not a whole lot more than the minimum.

Deeg

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Re: Cubs in '19
« Reply #1435 on: January 11, 2019, 07:12:23 pm »
Bob Nightengale @BNightengale
Addison Russell signs for $3.4 million with #Cubs and $600k with of bonuses if he’s on roster 150 days


Are the $600K in bonuses payable in quarters?

Deeg

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Ron

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Re: Cubs in '19
« Reply #1437 on: January 12, 2019, 11:46:34 am »
Forbes on the Cubs and spending:

http://www.forbes.com/sites/ryandavis/2019/01/11/cubs-ownership-needs-to-answer-for-sudden-financial-restrictions/

The article is a tad simplistic, seems to me, in that it somehow manages to omit the millions upon millions of dollars the Ricketts/Cubs have spent on fundamentally rehabbing and making other improvements to Wrigley Field (and to a lesser extent the money spent on building up the front office, scouting, minor league etc personnel and data systems).  Don't get me wrong, I wish the Cubs would commit the money necessary to get Harper, but I also figure that I know a lot less about the factors playing into this situation than those making the decisions.  I'd be more concerned if I had any inkling that Theo is unhappy with the financial support he's receiving, but I see no indication of that.
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Reb

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Re: Cubs in '19
« Reply #1438 on: January 12, 2019, 12:13:25 pm »
According to Sharma/Mooney/Rogers, Addison Russell’s contract is the typical non-guaranteed arbitration contract.
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CurtOne

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Re: Cubs in '19
« Reply #1439 on: January 12, 2019, 12:21:13 pm »
It also is termed "below market value" which makes it very trade attractive.