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Red Sox versus Cardinals World Series Thread

Brocktagon

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If this makes you laugh, I wonder what Bobby Bonilla's situation with the Mets will cause you to do?

they're saying it wasn't dumb. the rich always find a way to get richer

Bobby Bonilla's contract of deferred payments from the New York Mets is considered a laughing stock amongst baseball fans as the Mets chose to give Bonilla 25 payments totaling $29.8 million (starting in 2011) instead of the $5.9 million they owed him in 2000.
But to criticize the deal is to not understand that Bonilla gained nothing and the Mets actually came out ahead in the deal.
If Bonilla had accepted the $5.9 million in 2000 and invested the entire amount at 8% interest, the original investment would have grown to $104.1 million by 2035* (blue line in chart below). If instead, Bonilla takes his annual payment and invests that with an 8% annual return, he would have $95.2 million by 2035 (orange line in chart below).
In other words, Bonilla lost nearly $10 million by taking the payments instead of the lump sum.
But more importantly to the Mets, if they invested the $5.9 million at 8% interest in 2000. That money would have grown to more than $14 million before they had to make a single payment. And that money would continue to draw interest even while they are making payments.
By 2035, the Mets would still have $8.9 million left over.
In other words, if invested at a standard rate, the Mets would have actually profited from Bonilla's generosity and the contract wasn't so dumb after all...
 

RedSoxWorrld

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I doubt it.

I still think they're going to try and come in under $190M and still try and re-sign Cano. That doesn't give them enough maneuverability to take flyers on guys like McCann or Lincecum.

They may save A-Rod's $25M, so that will give them something to play with, but more and more, it sounds like they're jumping in on the Japanese guy with both feet.

dodgers just signed that cuban shortstop guererro, 4 and 28

probably out of cano market
 

BigDDude

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BigD the diplomat :nod:


Just giving the reason that makes sense to me as to why they are gone. The "real" reason may be different, but, the root issue I stated is/was true.
 

BigDDude

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they're saying it wasn't dumb. the rich always find a way to get richer


I am reading a lot of "if they had invested" in this piece. What I am missing is the part about the Mets pissing away a ton of $$ in the Madoff mess, making their "what if" very unlikely in my eyes.
 

nynasty

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you reading Doc Sleep yet?

his best in years......my opinion

dont tell Brock its a book, he gets pissy

No, still not reading it yet.

I finished book 3 of GOT, and said, well, just let me read a little bit of book 4 to find out some things, and now I'm completely hooked on that. LOL

One of these days.......Encouraging to hear how good it is! I was very underwhelmed the last time he attempted a sequel.
 

Brocktagon

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you reading Doc Sleep yet?

his best in years......my opinion

dont tell Brock its a book, he gets pissy

glad you're still into reading rainbow, fag.

[YOUTUBE]844DzynPG-w[/YOUTUBE]
 

nynasty

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And I can't wait for both the undead and Dungeons & Dragons genres to peter out.

That might be a while. I think I saw somewhere that Walking Dead is now the most watched TV show in cable history.
 

BigDDude

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No, still not reading it yet.

I finished book 3 of GOT, and said, well, just let me read a little bit of book 4 to find out some things, and now I'm completely hooked on that. LOL

One of these days.......Encouraging to hear how good it is! I was very underwhelmed the last time he attempted a sequel.


I can't imagine having both the free time and attention span to read a book anymore.
 

Tenacfan

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RSG do you think they let Salty walk and go after McCaan or keep him another year
 

BigDDude

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That might be a while. I think I saw somewhere that Walking Dead is now the most watched TV show in cable history.


I know, I know. It sucks to be different to the point of being opposite of the masses. But, only to a point.
 

RedSoxWorrld

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RSG do you think they let Salty walk and go after McCaan or keep him another year

think they want to keep Salty

Mccann will want too many years or too much money

but MLB network suggested rangers, yanks and Sox as likely Mcann landing spots
 

nynasty

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I can't imagine having both the free time and attention span to read a book anymore.

And these books ain't exactly Great Gatsby (140 pages) either.


Gotta pack a lunch to plow through one of those.
 

Tenacfan

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Olympus has fallen was good to
 

Tenacfan

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Do you think they resign Napoli? Give him the deal they first offered him? Also read the Rangers were after him again
 

BigDDude

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They also reportedly put an offer out to Kershaw for $300M!

They're printing cash out there!


7 BILLION T.V cash dollars!!!!

Just keep spending until the problems/lineup issues go away.......:clap:
 
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