Article up on MLB.com with Moores saying it's a 20yr/1B deal. With the Padres getting an expected 200m upfront.
It gets really interesting when you think what they could do with the 150-200m if it can't be spent paying off the team.
The money is there to be able to extend Maybin even after this season. For instance, say right now they could sign him to a 5 year deal that guaranteed him 25m. Waiting a year might bump the cost of a 5 year deal up to 40m, but that deal would be replacing a pre-arb season with a FA season, so that's a good 10m difference in its self. The other 5m would represent annual increases on the same years due to waiting. That's assuming Maybin has an even better year then in 2011.
Point being, it's nice to have the resources to take that route, or giving him a longer/bigger deal now then 5/25m. Rather then having to focus on the most financially feasible way to keep a player beyond their free agent date, they can have the option of accomplishing the same or even getting more years, by waiting on seeing how the player progresses and paying him accordingly, rather then having missed the opportunity by taking that route. That will be a weird point for the team to be at as it's a stark contrast to mostly how things have been.
Okay. Just listened to the Saw. Pretty consistent with what Krasovic was reporting as well - sounds like they both probably got it from Nightengale. And it does sound like a great deal for the Pads.... more
According to Center, the money has been spent in form of Carlos Quentin. As much as we'd like to see this TV contract as a new source of revenue, it has apparently been counted on and earmarked as... more
I recall that article from when it was published in August. Hard for me to say if the circumstances were the same with the television deal an unknown at that time. Based on Center's chat today he... more
According to Krasovic, they have been working on this TV deal for a year. Regardless, the details may not have been known in August, but Moorad probably had a pretty good idea of what was coming when ... more
Not increasing the payroll over 70m any time soon means staying in the bottom five in basball. They will be there in 2012, and 2013 has a chance of being the same, but I'm not seeing that come 2014.... more
Having a middle range revenue is NOT going to show up in a middle range of payroll when it comes to the Padres. Realistically, they have more ballpark debt than almost anyone else right now, so it... more
Besides that, what happens to us when everybody else negotiates their new deals? I don't know when the other NL West contracts run out, but this bump seems to have a limited shelf life. Five years... more
Looking at where the padres have ranked payroll wise since '98, I just wonder why the days of being 17th or 20th in that department are a thing of the past? Would anyone really be surprised if that's ... more