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View Full Version : Steinbrenner is a cheapskate


jabrch
12-17-2003, 03:11 PM
From Rotoworld.com

Yankees signed outfielder Gary Sheffield, who had been with the Braves, to a three-year contract.
The Yankees went ahead and announced one of their 54 signings today. Because there's deferred money in the deal, Sheffield will make less than $13 million per season in present day value. The seven-time All-Star figures to bat fourth in the Yankee lineup, giving him some chance of matching his 2002 numbers. However, he'll probably fall short after missing some time with minor injuries.

That cheapskate jerk Steinbrenner and his deferred money.

Baby Fisk
12-17-2003, 03:13 PM
Originally posted by jabrch


That cheapskate jerk Steinbrenner and his deferred money.
Cheapskate or genius? He's got Sheff's signature on that contract.

thecell
12-17-2003, 03:16 PM
To bad our cheapskate jerk owner can't get any signatures on the dotted line...

Baby Fisk
12-17-2003, 03:19 PM
Originally posted by thecell
To bad our cheapskate jerk owner can't get any signatures on the dotted line...
Ha ha... [bitter, ironic laughter] :(:

jabrch
12-18-2003, 10:35 AM
Sheffield will get $13 million in each of the next three seasons, with $4.5 million a year deferred without interest. New York gets a $13 million option for 2007, and if it's exercised, Sheffield gets the deferred money in 12 $1.5 million payments from 2008 to 2019.


Why does anyone go to play for an owner that defers money like that?

Iwritecode
12-18-2003, 10:53 AM
Originally posted by jabrch
Sheffield will get $13 million in each of the next three seasons, with $4.5 million a year deferred without interest. New York gets a $13 million option for 2007, and if it's exercised, Sheffield gets the deferred money in 12 $1.5 million payments from 2008 to 2019.


Why does anyone go to play for an owner that defers money like that?

Typically players want one of two things. Money, or a WS ring. Sometimes they'll take less money (or take it at a later date) if they know that will help the team they're on have a better chance of winning.

In Colon's case, he could have taken deferred money knowing that his salary would have still taken up a large part of the teams self-imposed budget and they wouldn't have much left over to improve the team. So instead he decided to sign with another team that gave him more money and is actually willing to spend a little bit to improve themselves...