I learn by going where I have to go.
My answer to what I would pay is: "yes."
Elly is likely going to be recognized as one of, of not the best player in baseball by the middle of next year. I'd pay whatever it takes to have him as part of my favorite team. Will that be the Reds? Time will tell.
Our planet is a lonely speck in the great enveloping cosmic dark. In our obscurity, in all this vastness, there is no hint that help will come from elsewhere to save us from ourselves. -- Carl Sagan (Pale Blue Dot)
The Reds can’t afford Elly if their comments about profitability are to be believed.
That’s just math.
Even if he never gets any better than he is right now, he’s probably going to get at least $40MM/year once he hits free agency. And it’s likely he will get better and hit the market as a top-3 player in the game at age 27.
He’s going to cost 20%-40% of the Reds’ total payroll if he’s resigned. That makes us the Marlins (or worse) in terms of our payflex to fill the other 25 spots. I don’t think there’s a path to success for the Reds that involves paying a single player that much AAV.
It’s a shame. I think Elly is already one of the best players in baseball. And he’s 22. Since June 16th, he’s slashing .320/.389/.612. That’s a 1.001 OPS. And it seems like he’s not even fully to his potential. Enjoy these next five years, folks.
“… yep”
-Barry Larkin
GAC (08-12-2024),mth123 (08-10-2024),Roy Tucker (08-10-2024),WrongVerb (08-10-2024)
Little column A. Little column B.
Yes, the players make the final decisions but the agents advise them. Plus the Players Association puts their two cents worth in for the larger contracts. Players are going to make their decisions for aesthetic reasons: weather, teammates, good place for a family or to party, manager, execs, etc. Agents are going to advise them based on how much money they can make and/or save in taxes. Florida and Texas have no state income taxes so, everything else being equal, players save more money signing with teams from those states. But that hasn't worked out too well for the Rays or Marlins. Conventional wisdom says the Reds can't sign top notch few agent pitchers because of the ballpark. Even if they offered more than another team, they may choose to go elsewhere because of that.
As much as you are willing to pay! The ability to extract maximum revenue from customers willingness to pay is getting better and better across all retail (airlines and Amazon are phenomenal at this) and especially entertainment. I know a guy who was helping the Reds create their first dynamic pricing algorithms for ticket prices a few years ago. They are much better at it now and apply it to more parts of the experience.
On the original topic: I had not heard the story of ELDC and the payday loan. That is very unfortunate (and without knowing more than I've read in this thread, it sounds to be of dubious legality but I am not a lawyer). However, I don't think we can place any weight on that poor decision to influence him to sign a guaranteed contract with upfront money that benefits the Reds. He will be getting much better advice now than he did at whatever age he agreed to that short-sighted loan. The Reds will have to pay market for him; maybe more if he wants to play in a big city. That said, I'm of the opinion the Reds should pay market for at least a couple very good players every year. I want to see them win and its not my money.
The Reds could afford it if they were savvy, but they're not and don't want to be. The Reds best offer (if one is made before he's dealt for a Aroldis-like package) will be at least $10-15M per year than what the Yankees or Dodgers eventually sign him for. To which the illustrious & eloquent Phillip Castellini responds. "We tried, we're poor, it is what it is, now suck it up and watch what you're given before it too goes elsewhere you ungrateful mongrels."
I'm not sure why you'd call it a payday loan or why it would be illegal. I'm sure there are a number of guys whose careers petered out in the minors who are thrilled they took a deal similar to Elly's. Heck, that deal may have taken enough financial pressure off Elly that it is even a factor in his success as it took a meaningful amount of stress out of his life.
I'm sure he wishes he didn't have that deal now, but if he never would have blossomed into the player he did or run into the injury bug (as happens quite often) it would have been a major blessing for him.
Our planet is a lonely speck in the great enveloping cosmic dark. In our obscurity, in all this vastness, there is no hint that help will come from elsewhere to save us from ourselves. -- Carl Sagan (Pale Blue Dot)
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