owbc
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Everything posted by owbc
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Wild Card Game: Packers @ Cowboys - Sunday, Jan 14 3:30pm
owbc replied to homer's topic in Other Sports
And there’s no sign that this one is cuckoo for Cocoa Puffs like the last two. At least for now… -
Wild Card Game: Packers @ Cowboys - Sunday, Jan 14 3:30pm
owbc replied to homer's topic in Other Sports
Has a coach ever been fired at halftime? -
Wild Card Game: Packers @ Cowboys - Sunday, Jan 14 3:30pm
owbc replied to homer's topic in Other Sports
Playoff McCarthy is more fun on the opposing sideline. -
Good thing I bought it in the afternoon 😂
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Bitcoin isn't going anywhere, it's basically the gold of the digital age. I threw a couple thousand in FBTC to see what happens.
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What are the odds that the next Alabama coach is fired within 4 years? I bet it's at least 75%. Not that I feel bad for whoever it is, they are going to get paid either way.
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That was a huge disappointment. Michigan was clearly the better team but it should have been closer than it was.
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How do you even "buy" BTC without excessive transaction fees on an exchange that isn't liable to lose your investment at the first sign of trouble? Robinhood?
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NY6 was always a weird concept…it’s supposedly a “special” exhibition game? Nobody is going to miss them after this season. The 12-team playoff makes it much easier to understand which bowl games matter and which are exhibition games. Although I think the new issue will be that most of the extra playoff games will also be blowouts.
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Balmer bought the Clippers and Seattle is almost certainly getting an expansion team.
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Strongly agree with Jimbo's analysis, but at worst this should have been a close matchup that could have gone either way. Not a blowout. Lights were too bright.
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Three close family members got laid off in the last year. All business/MBA types, tech or tech adjacent. Two have found new roles, one has been unemployed for nearly a year (but is notoriously picky). Consensus is that job market picked up in Q4. Some slowdown now for the holidays but I think we're way more likely to see hiring pick up in January rather than a string of layoffs like last year. It's definitely not like the golden times of a few years ago...and there is a lot of tension about evolving hybrid/remote work arrangements that hasn't fully fleshed itself out yet. Hoping for the best for you @LouisEly!
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It's bad to have Yamamoto and Ohtani on the same team. First, the obvious one of never seeing Ohtani bat against Yamamoto. As well as robbing a fanbase of the opportunity to get excited about signing an international superstar. Instead, all of that excitement just goes to seeing if the Dodgers win 105 or 110 games before getting bounced in the postseason. If the NBA is any guide, people love to see the superteams lose, and it happens quite frequently. But in MLB we'll probably get writers moaning about how MLB's postseason format is unfair to the Dodgers.
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If you use the $700M figure then you have to inflation-adjust the $/WAR figure. I think it's pretty widely accepted that this was a market rate contract and it never turned into a true bidding war because Ohtani had already picked the Dodgers as his preferred destination.
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If they did indeed hit the "soft landing", it's an impressive achievement. I assume rates will sit in the 5% range for a bit until there is either a recession that drops them back to zero or more inflation that causes them to go up further. Consumer confidence seems to depend on whether you are getting f***ed by high housing costs in a low wage job or not. I don't know what to think of that. The average consumer doesn't seem to have any interest in curtailing their spending. Personally I think stocks are going to continue to rally.
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Isn't the entire concept of taxpayer funded stadiums based on the idea that a big chunk of that investment is going to come back via player salary taxes?
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I don't think that's true. Between Ohtani, Freeman, and Betts, the Dodgers are pushing a billion dollars (in today's dollars) in dead weight in the 2035-2045 timeframe. Additionally, MLB salary inflation has slowed considerably in recent years and will likely continue to be slow moving forward since the era of lucrative RSN deals is pretty much over. A top-5 payroll in 2010 was in the $150-$200M range. These days it is somewhere around $250M. In 10-15 years it might be $350M-$400M at most (assuming that big markets like LA can still extract $200M/year from their local TV rights, which is far from guaranteed). So the Dodgers have potentially tied up nearly a quarter of their projected payroll in the late 2030s. That's not enough to make them a poverty franchise, but it would absolutely cause issues. Unless they are even richer than we think they are, which I guess is totally possible given their ridiculous TV contract.
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One has to admire Ohtani for using his leverage to make this work. In terms of achieving his two primary goals of getting paid and winning a championship, he couldn't have orchestrated it any better.
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I do wonder if the other shoe will drop for the Dodgers down the line. In theory their finances are fine until 2038 when their $8 billion TV rights deal expires. And surely the revenue that they initially bring in from Ohtani will keep them afloat for a few years. But this isn't a $1 million/year deferral like Bobby Bonilla, this is some serious cash that they will own Ohtani in the 2030s-early 2040s when his ability to add value to the Dodgers is long gone. And given what's happening with bankruptcies, that RSN money is far from ironclad. Some teams have seem most of their RSN income evaporate overnight. In the short term, the Dodgers are going to be the late-90s Yankees, but this isn't coming without considerable risk to the long-term financial health of the franchise.
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The real people who need to put an end to this are politicians in states with high income taxes. As many have pointed out, the main reason this works for both parties is that Ohtani can dodge California taxes on the deferred part of the contract. So he's not taking as much of a pay cut with the deferral as one might think.
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I don't understand what you're saying.
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I'd rather have the money go to the players than the owners. Nothing makes me happier than knowing how many of these billionaires feel poor after having no hope of signing Ohtani. While having to address a TV/RSN crisis that is of their own making. I talk to people my age (millennial) all the time who say they are baseball fans but don't watch the games because they don't have a cable account, so no TV access. Here's my optimistic take -- in 10 years most MLB fans will enjoy easier TV access than today with no blackouts.
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The Dodgers are going to be celebrating “Shohei Ohtani day” in 2050.
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His name and bat alone is probably worth $300-400M. One wonders what kind of pitching incentives are going to be in this contract... I do think the Mariners are crafty if they did offer him that rumored 1 yr / $65 M contract.
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I'm just glad it wasn't the Dodgers. And it makes sense that the team that got him has the highest TV viewership in MLB and no concerns about RSN problems.
