Season 3 - Episode 2 - Diamond Baseball Holdings & Baseball
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Season 3 - Episode 2 - Diamond Baseball Holdings & Baseball
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OK, Let’s start with the recent signing of Kyle Tucker…What do you think?
Are you kidding me? WTF is going on with BASEBALL?
Kyle Tucker's Contract with the Dodgers…
Duration: 4 years
Total Value: $240 million
Average Annual Value: $57.1 million (record-setting)
Signing Bonus: $64 million (with $54 million paid upfront)
Deferred Money: $30 million
Opt-Out Clauses: After the 2nd and 3rd years
Financial Implications
The Dodgers will incur a significant luxury tax due to exceeding the highest threshold, resulting in an annual cost of approximately $119.9 million for Tucker.
The contract structure, including deferrals, helps lessen the immediate luxury tax impact.
The Dodgers will lose their third and sixth-highest draft picks due to Tucker rejecting a qualifying offer from the Cubs, as well as previous losses from signing closer Edwin Díaz.
So, yes that is an INSANE contract. Especially because I would like to know how in the world is Kyle Tucker valued at $57.1 million dollar contract per year? Seriously? How did THIS number magically get presented?
Kyle Tucker's agent is Casey Close, who is associated with Excel Sports Management and I think he did a GREAT job is cloning Scott Boras!
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