From: mianderson79@gmail.com   
      
   On Tuesday, December 12, 2023 at 9:15:16 AM UTC-6, The NOTBCS Guy wrote:   
   > > is waaaaaaaaaay less than originally reported now. After all he's going to   
   be getting some of this money over 20 years from now.    
   > >    
   > > Right now, the real value of the contract is probably more like 280-300   
   million dollars total than 700 million.    
   > >    
   > > This isn't even close to the richest contract in mlb history.    
   > >    
   > > The first arod deal with the rangers still holds that distinction(in terms   
   of real money). This isn't even close to that.   
   > Excuse me? How do you figure that?    
   > For that matter, how was A-Rod's Rangers deal worth more than his Yankees   
   deal?    
   >    
   > Unless A-Rod knew of a guaranteed way to get 10.3% on his investment per   
   year for 20 years, when the smoke clears, Ohtani's deal will be worth more   
   than A-Rod's Yankees deal.   
      
   1) Ohtani doesn't get the 680 million at the end of the contract though.  He   
   gets 68 million per year for another ten years.....some people are forgetting   
   that.  The deflationary hit of what Ohtani is doing would be bad if he had to   
   wait 10 years to get    
   most all the money.  But he has to wait 10 years before basically getting any   
   money, *then* the big chunk is paid out over ten years.  Huge difference   
   there.....it's more similar to the bonilla thing(where he got like 35 million   
   speads out way in the    
   future over a number of years) than a one time lump sum balloon payment at the   
   end   
      
   2) I'm also considering the value of a dollar in 1998(?) vs now.    
      
   Thats the results I got when I put these adjustments into a compound interest   
   calculator at least   
      
   --- SoupGate-Win32 v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)