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Thread: ESPN: Johnson to Yankees Looks Done

  1. #11
    J/J for the win! DJeterFan's Avatar
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    It's so stupid because he doesn't need Beltran. He needed a couple good pitchers, period. He didn't even need the Unit but of course he has to if he can. Does he need more hitters? NO!

    Steinbrenner is just ridiculous.

  2. #12
    Starbucks is your friend Bill's Avatar
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    According to ESPN, the Yanks have told Scott Boras that they will not be bidding on Beltran.

    The Mets are the top bidder on the table, though if it were me, I would take the Houston offer for about 12MM less. Better team, and I could find a way to live on a 90MM contract.
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  3. #13
    Cy Young 2010 Mariner's Avatar
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    Quote Originally Posted by Bill
    According to ESPN, the Yanks have told Scott Boras that they will not be bidding on Beltran.

    The Mets are the top bidder on the table, though if it were me, I would take the Houston offer for about 12MM less. Better team, and I could find a way to live on a 90MM contract.
    Plus, Texas has no income taxes unlike New York where he'd be paying through the nose.

  4. #14
    J/J for the win! DJeterFan's Avatar
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    The players pay the tax? I thought the owners do....?

  5. #15
    Starbucks is your friend Bill's Avatar
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    Good point Mariner.

    I just don't think adding a end of career Pedro to the Mets is going to make them a contender. Adding Beltran would help, but not if they don't move Piazza to first base.
    "George Oscar Bluth II, aka GOB, featured magician in the best selling videotape, "Girls With Low Self Esteem" invites you to enter his world.
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  6. #16
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    Quote Originally Posted by DJeterFan
    The players pay the tax? I thought the owners do....?
    Nope. Players pay it. Some contracts may get bumped up to reduce the burden of the tax but the players pay.

  7. #17
    Starbucks is your friend Bill's Avatar
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    Quote Originally Posted by DJeterFan
    The players pay the tax? I thought the owners do....?
    Players pay payroll taxes just like you and I. If the owners tried to pay it, they would in fact be raising the pay, that in turn gets taxed.

    Now where the players get screwed tax wise (if you can be screwed while making an average of 1MM a year) is that they can legally get double taxed when they visit away locations where the local government is paying for their ballpark by taxing the teams and players playing there.
    "George Oscar Bluth II, aka GOB, featured magician in the best selling videotape, "Girls With Low Self Esteem" invites you to enter his world.
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  8. #18
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    Quote Originally Posted by Bill
    Players pay payroll taxes just like you and I. If the owners tried to pay it, they would in fact be raising the pay, that in turn gets taxed.

    Now where the players get screwed tax wise (if you can be screwed while making an average of 1MM a year) is that they can legally get double taxed when they visit away locations where the local government is paying for their ballpark by taxing the teams and players playing there.
    Yep. California which is desperate for money goes after all the visiting players for a portion of their income.

  9. #19
    Watching Jessica ref guy's Avatar
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    Johnson is my favorite pitcher and maybe player for all time. Seeing him win another World Series would be great.
    All the world needs a common thread, soccer, soccer, soccer
    TASAIL !!! ETHAN still #1!!! DISC Go Jon & Kris on TAR

  10. #20
    Starbucks is your friend Bill's Avatar
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    A great article on the tax issues these guys face is here:

    http://sports.espn.go.com/mlb/news/story?id=1959502

    On the Yanks/Beltran issue, one possible explaination for the Yankees backing off is:

    A number of reports put the Yankees out of the Beltran stakes. That might be because they have to worry about their own tax situation. If the team agrees to give Beltran a contract worth $16,680,000 in 2005, their total bill for Beltran's contract will actually be more than what they are paying Rodriguez, who is due $21 million ($4 million more is deferred). Beltran's contract will cost the Yankees $6.7 million more than the checks they make out to the free agent because they will be a third time offender of the luxury tax threshold. That means that Beltran's hypothetical $16.8 million contract will actually cost the Yankees $23.4 million.
    "George Oscar Bluth II, aka GOB, featured magician in the best selling videotape, "Girls With Low Self Esteem" invites you to enter his world.
    -- Arrested Development, Season III

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