Mike Trout - Record Breaking Contract

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    Mike Trout - Record Breaking Contract

    12 years, 430 million.... wow!
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    I just hope that this gets rid of the over the top approach that has made Scott Boras so well known.

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    TheDeuce's Avatar
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    Nobody is worth that much money.

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    Quote Originally Posted by TheDeuce View Post
    Nobody is worth that much money.
    I absolutely agree.

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    Jumper_Dad's Avatar
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    You are worth whatever someone is willing to pay.

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    Quote Originally Posted by TheDeuce View Post
    Nobody is worth that much money.
    I remember when Magic signed a 20 year deal for $20,000,000, people said the same thing...it was a huge bargin in hindsight.

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    TheDeuce's Avatar
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    Quote Originally Posted by Jumper_Dad View Post
    You are worth whatever someone is willing to pay.
    Not necessarily, but that's one perspective I suppose.

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    John Anthony's Avatar
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    If you walked around your office with a picture of Mike Trout without his cap on, would most of your co-workers be able to identify him?

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    MJAlltheWay24's Avatar
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    Quote Originally Posted by John Anthony View Post
    If you walked around your office with a picture of Mike Trout without his cap on, would most of your co-workers be able to identify him?
    We have about 30 people in our office and I think maybe 2 or 3 of us would.

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    Quote Originally Posted by TheDeuce View Post
    Nobody is worth that much money.
    The Angels think Mike Trout is. Considering he is one of the top couple guys in the entire world, at his chosen profession, how can you say for sure he's not "worth" that much money? The team he plays on is valued at nearly $2 billion. Trout's annual contract is about 2% of the teams total worth. Don't get me wrong...Trout is making an obscene amount of money. But on an annual basis, what he's making is just a drop in the bucket of what the Angels are valued at, and just a tiny, tiny portion of MLB as a whole.

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    TheDeuce's Avatar
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    Quote Originally Posted by rjs4470 View Post
    The Angels think Mike Trout is. Considering he is one of the top couple guys in the entire world, at his chosen profession, how can you say for sure he's not "worth" that much money? The team he plays on is valued at nearly $2 billion. Trout's annual contract is about 2% of the teams total worth. Don't get me wrong...Trout is making an obscene amount of money. But on an annual basis, what he's making is just a drop in the bucket of what the Angels are valued at, and just a tiny, tiny portion of MLB as a whole.
    Simple. It's my opinion no one is worth that much money.

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    John Anthony's Avatar
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    If he was a California resident, Trout would ‘net’ approximately $214M after Federal & State income tax. Tough day for Cali if they only get a fraction of it.

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    I love everything about this contract. No drama. No Boras. Trout gets a deal done the way that you would expect Trout to do it. The previous hyped up contracts are blown out of the water. Harper and Stanton might even feel they got less than they should have after this deal. Trout stays with his original team. Trout absolutely should be getting a clearly better contract than these other recent deals. I love everything about this.

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    The best thing about this is the Scott Boras factor. It's not that someone else eventually got a bigger/better deal than his client (Harper)...it's that it came so soon afterwards. Harper owned the record for what, two weeks? Love it!

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    Jumper_Dad's Avatar
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    Quote Originally Posted by John Anthony View Post
    If he was a California resident, Trout would ‘net’ approximately $214M after Federal & State income tax. Tough day for Cali if they only get a fraction of it.
    Athletes are taxed based on where games are played, not where they live. So home, Padres, Dodgers, Giants and A's games all get full rate or about 100/162nds of his earnings get state bit. Cali will do fine.

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