+ Reply to Thread
Results 1,151 to 1,175 of 1204
Thread: What happens with Burnett?
-
02-18-12 08:15 PM #1151
-
02-18-12 08:29 PM #1152
-
02-18-12 09:53 PM #1153
- Join Date
- Apr 2004
- Location
- I live by the Sound
-
02-19-12 12:00 AM #1154
To my understanding, luxury tax counts player's average salary for his whole contract, not his salary for particular year. Therefore, the Yankees paid luxuey tax 40% of AJ's $16.5M which is $6.6M a year. Now they paid $5.56M for the luxury tax a year - (82.5-13)/5*40%=5.56.
-
02-19-12 06:53 AM #1155
-
02-19-12 07:00 AM #1156
- Join Date
- Jun 2000
- Location
- The eternal state of optimism that the Yankees will win it all
Re: What happens with Burnett?
Well, I will admit to not being in the Commissioner's office calculating luxury tax, but I believe you are correct with respect to the AAV point.
However, the Yankees have already paid luxury tax on three of those five years - are we going to get a refund from the Commissioner's office for the fact that the AAV has now changed for those three years as well?
Interestingly - and I realize it is not necessarily an official source of data - Cot's has already moved AJ's contract to the Pirates and shows that the Yankee's $20M contribution is split $11.5M in 2012 ($4M savings) and $8.5M in 2013 ($8M savings).
One way of looking at it that can be considered here is that the Yankees would have paid $13.2M in luxury tax on Burnett's contract over the next two seasons. They will now only be responsible for $20M, which becomes $8M in luxury tax, which is a savings of $5.2M.
Another possibility is that the Yankees will save $2M in 2012 (they pay $11.5M of the $16.5M contract, a decrease of $5M) and save $3.2M in 2013 (they save $8M).
Since I think for luxury tax purposes, the AAV actually shifts to the acquiring team and only the funding obligation remains on the old team's luxury tax payroll, I would have to think the latter is what is really going to happen.Forgive me for taking the Contrarian view
-
02-19-12 07:02 AM #1157
- Join Date
- Jun 2000
- Location
- The eternal state of optimism that the Yankees will win it all
Re: What happens with Burnett?
Yes, but the AAV of Burnett's contract is no longer in the Yankees' payroll for luxury tax purposes - only their obligation.
From an ESPN article on luxury tax
To compute the payroll, Major League Baseball uses the average annual values of contracts for players on 40-man rosters and adds benefits.Forgive me for taking the Contrarian view
-
02-19-12 07:11 AM #1158
-
02-19-12 07:18 AM #1159
-
02-19-12 07:35 AM #1160
Re: What happens with Burnett?
"We understand that John Henry must be embarrassed, frustrated and disappointed by his failure in this transaction. Unlike the Yankees, he chose not to go the extra distance for his fans in Boston."
-
02-19-12 10:28 AM #1161
Re: What happens with Burnett?
Jimmy G. (Seniority 03/28/1994)
1994-2008: Main Res MVP Sec. 14, Row G
2009: Section 330, Row 6
2010: Section 233A, Row 20
2011: Section 229, Row 16 *All Sunday Plans*
2012: No longer STH, liberated!
-
02-19-12 10:29 AM #1162
Re: What happens with Burnett?
Rule 34.
-
02-19-12 02:10 PM #1163
Re: What happens with Burnett?
A fool and his money can throw one heck of a party!
-
02-19-12 04:39 PM #1164
Re: What happens with Burnett?
AJ passed Pirates' physical and MLB has approved the trade per Heyman. Clock is now ticking on getting the lefty DH...
-
02-19-12 04:39 PM #1165
- Join Date
- Jan 2012
Re: What happens with Burnett?
“@JonHeymanCBS: Burnett passed the physical and mlb approved the trade. Done deal.”
-
02-19-12 05:21 PM #1166
- Join Date
- Dec 2004
Re: What happens with Burnett?
Good news.
Now sign Ibanez and Chavez and the team in complete and ready to battle for #28
-
02-19-12 05:23 PM #1167
-
02-19-12 05:32 PM #1168
- Join Date
- Dec 2004
Re: What happens with Burnett?
So who backs up 3B?
Nunez? HA...Rather root for Hall to make the team.
-
02-19-12 05:44 PM #1169
- Join Date
- Feb 2008
- Location
- Some where in sunny Florida
Re: What happens with Burnett?
-
02-19-12 05:52 PM #1170
- Join Date
- Jan 2012
Re: What happens with Burnett?
you want your back up infielders to be able to field the ball... thats the very least you expect from them..
Hall doesn't fit the bill... Bring back Chavy.
-
02-19-12 06:52 PM #1171
-
02-19-12 08:22 PM #1172
Re: What happens with Burnett?
"Welcome to NYYFans, the place where Yankees fans come together to complain about the manner in which our team is winning games" -- Mr. Coffee
-
02-19-12 09:11 PM #1173
Re: What happens with Burnett?
According to the old CBA:
An assignor Club that pays cash consideration to defray all or part of the salary obligation of the assignee Club for an assigned Player shall include such cash consideration in its Actual Club Payroll in the Contract Year in which the cash consideration is paidA foolish consistency is the hobgoblin of little minds, adored by little statesmen and philosophers and divines.- Barry Manilow
-
02-19-12 09:14 PM #1174
Re: What happens with Burnett?
farewell sweet prince... we'll see lots of you in spring training, seeing as how the pirates complex is right next door
-
02-19-12 11:42 PM #1175
Re: What happens with Burnett?
Thread Information
Users Browsing this Thread
There are currently 1 users browsing this thread. (0 members and 1 guests)