Mat Latos was sent down, a reminder of how fleeting MLB success can be...

**HammerTime** · Apr 16, 18, 08:32 PM

Originally Posted by 75center

If he manages to get one more year in he's looking at a pension of over $200,000.

What does he get if he doesn’t get that year?

**Voice of Reason** · Apr 16, 18, 10:03 PM

IMO one of the more spectacular downfalls in recent years in MLB. After that second season with the Reds at only age 25, he looked like he was on his way to a heck of a career. Then the bottom dropped out.

**HammerTime** · Apr 16, 18, 11:29 PM

Originally Posted by Voice of Reason

IMO one of the more spectacular downfalls in recent years in MLB. After that second season with the Reds at only age 25, he looked like he was on his way to a heck of a career. Then the bottom dropped out.

He was well on his way to $100M+ contract.

**TAC** · Apr 17, 18, 04:57 PM

Originally Posted by 75center

If he manages to get one more year in he's looking at a pension of over $200,000.

And if he got a 5% return on his 2 year deal with the reds it would be $575,000 per year. Before taxes, attorneys, agents, lawyers, finance guys, tattoos, wife, etc.

**75center** · Apr 17, 18, 05:58 PM

Originally Posted by HammerTime

What does he get if he doesn’t get that year?

They did not give that out. I was surprised that a person with 43 days in the majors gets $34,000 a year for life and one day in the majors gets them Lifetime Health Insurance. unbelievable.

**Voice of Reason** · Apr 17, 18, 06:08 PM

Last edited by Voice of Reason; Apr 17, 18 at 06:23 PM.

**75center** · Apr 18, 18, 05:38 AM

Originally Posted by Voice of Reason

When does that $34,000/year start? Officially retired?

Added note: I researched it and found that benefits start as early as age 45 if you are not employed by a major league team. Normal retirement age for pension benefits is 62. If you choose to take benefits before 62, you will get a reduced benefit based on a formula in the plan.

For anyone interested, here are the details on the pension plan: http://www.mlb.com/mlb/official_info...sion-print.pdf

It sounded like the $34000 was at normal retirement age.