PDA

View Full Version : Chad Tracy Robs himself of a bunch of Money


balke
05-15-2006, 08:09 PM
By signing a 3-year deal with the Diamondbacks.

http://sports.yahoo.com/mlb/news?slug=ap-diamondbacks-tracy&prov=ap&type=lgns


PHOENIX (AP) -- Third baseman Chad Tracy (http://sports.yahoo.com/mlb/players/7047/) and the Arizona Diamondbacks (http://sports.yahoo.com/mlb/teams/ari/) agreed Monday to a $13.25 million, three-year contract extension through 2009 that includes a team option for the following season.
Tracy, who is making $381,000 this season, gets a $1 million signing bonus, $2.75 million next year, $3.75 million in 2008 and $4.75 million in 2009. Arizona has a $7 million option for 2010 with a $1 million buyout.



At least that's how I read it. I think he could've made great money as a 3rd baseman just about anywhere else. This is a great move for the D-backs though, maybe they'll be a contender after a while.

TheOldRoman
05-15-2006, 08:12 PM
I dont know how much money he screwed himself out of. After all, he wouldn't have hit the free agent market until 09.

balke
05-15-2006, 08:16 PM
I dont know how much money he screwed himself out of. After all, he wouldn't have hit the free agent market until 09.
Why's that? I thought he'd be up at the end of the season.


Actually, I looked it up. I didn't realize that he was only arbitration eligible after this season. I guess this way he makes more cash, with a decent sized contract at the end if he's doing well. You learn something new everyday. He still could've maybe got 4 mil a season or more in arbitration, especially if he squeaks out an all-star appearance somehow.

The Diamondbacks have called a 6:00 pm EDT press conference to announce a contract extension for Chad Tracy.
The two sides discussed an extension in February, but talks broke off early in spring training. Tracy's hot start probably led made the Diamondbacks more eager to get something done. Tracy would have been arbitration eligible for the first time after the season. He was due to become a free agent after 2009.

The Dude
05-15-2006, 08:56 PM
That sure is a bargain for the 'Backs. But maybe he just wanted some financial backing early on. Other than that I have no clue why he wouldve sign it.

champagne030
05-15-2006, 10:14 PM
That sure is a bargain for the 'Backs. But maybe he just wanted some financial backing early on. Other than that I have no clue why he wouldve sign it.

Uh, he's set for life.

DaleJRFan
05-15-2006, 10:27 PM
:?: Why is it that if a player signs a reasonable contract, he's screwing himself? Maybe Tracy likes AZ.

SouthSide_HitMen
05-15-2006, 10:43 PM
:?: Why is it that if a player signs a reasonable contract, he's screwing himself? Maybe Tracy likes AZ.

Plus $1 million in hand is quite tempting. Add that to his 2007 salary of $2.75 million and that is a good deal. He doesn't have much leverage until 2010 (which Tracy is guaranteed between $1 and $7 million). Looks reasonable to me especially considering the fact Joe Crede & Scott Boras signed for $2.65 million to avoid first year arbitration in January of 2006.

patbooyah
05-15-2006, 10:46 PM
13.25 million in arizona dollars is like 2.54 billion in US dollars.

he could buy all the real estate in phoenix for that money.

Chips
05-15-2006, 10:58 PM
13.25 million in arizona dollars is like 2.54 billion in US dollars.

he could buy all the real estate in phoenix for that money.

It's pretty much a win-win deal fro Tracy and the D-backs.

Ditka311
05-15-2006, 11:34 PM
13.25 million in arizona dollars is like 2.54 billion in US dollars.

he could buy all the real estate in phoenix for that money.

I think you may have it backwards. He could probably get a nice house in Phoenix now.

The Dude
05-16-2006, 12:47 AM
Uh, he's set for life.

Tell that to Mike Tyson! I think he spent that much brushing his teeth:redneck

patbooyah
05-16-2006, 01:04 AM
I think you may have it backwards. He could probably get a nice house in Phoenix now.


no, i think i have it right. real estate in phoenix is incredibly cheap.

TheKittle
05-16-2006, 01:06 AM
no, i think i have it right. real estate in phoenix is incredibly cheap.

Pat, Tailgate before this Sat's game? :D: