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Astros- Deferred K's

Discussion in 'Houston Astros' started by chrisjent, Jan 14, 2004.

  1. chrisjent

    chrisjent Member

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    Food for thought:
    In 2006, the Astros have already committed themselves to owing nearly $40 Million in backloaded contracts and deferrals. This includes the contracts of Bagwell, Pettitte, Clemens and Kent. Keep in mind, pending the unlikely resigning of the latter two, only the remaining two will still be in an Astros uniform. If the budget remains the same or only slightly increases that means about 50% of the overall payroll will be tied up in two players.

    Like the rest of ya'll I'll enjoy the run this year, yet keeping an eye on the future, it appears that all these backloaded deals will leave a shell of a team two years from now.
     
  2. Severe Rockets Fan

    Severe Rockets Fan Takin it one stage at a time...

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    Other than the Yankees this seems to be the only way for a team to win a championship these days. You don't see dynasties anymore.
     
  3. edwardc

    edwardc Member

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    Management had't worried about the future in so long they 'll do somethin else stupid real soon like trade doggie or something.
     
  4. codell

    codell Contributing Member

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    chrisjent,

    I think thats to be expected. With Bags and Bidge, I am sure Drayton realizes that the window of opportunity to win a world series with this group is closing fast.

    By 2006, two seasons from now, Bidge, Bags (maybe), Kent and Clemens will all be gone. Ausmus will be gone too.

    However, well still have a nice foundation in Berkman, Ensberg, Everett, Miller, Oswalt, Pettite, Lidge and Dotel.
     
  5. redgoose

    redgoose Contributing Member

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    I expect them to keep backloading contracts until Drayton sells the team.

    Don't be suprised if you see deffered contracts from the future signings of Berkman, Oswalt, Ensberg, and Dotel. I would say Miller too, but recent history says we won't resign him.
     
  6. PhiSlammaJamma

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    I'm willing to go for it now and then suffer for 5 years after. Whether we win or lose. And I say that simply because the Astros have always had a decent minor league anyway. So let's sign some aging veterans and make our last run.
     
  7. rrj_gamz

    rrj_gamz Contributing Member

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    With all the deferred $$$, we will suck in a couple of years, and I think that's why its do or die right now...It's worth it, but I also agree we'll have a good nucleus...
     
  8. pgabriel

    pgabriel Educated Negro

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    Denial is a river in Egypt.
     
  9. rockets688

    rockets688 Member

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    Yea..except the Astros have one of the best farm systems in baseball...where did Oswalt and Miller come from I wonder?
     
  10. Uprising

    Uprising Contributing Member

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    SOrt of true, but the Astros are great at pulling good talent from the minor league.
     
  11. leroy

    leroy Contributing Member

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    It's worth a run at the title, even if only once. If they are out of it, for some odd reason, by July, Hidalgo will be as good as gone, possibly Kent as well.

    However, since they will be 10 games up on the Cubs by then, this is all moot. :D
     
  12. Rocketman95

    Rocketman95 Hangout Boy

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    What is this referring to?
     
  13. Rockets10

    Rockets10 Contributing Member

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    Drayton is just trying to boost the value of the franchise by putting a good product on the field so that he can sell it within the next two years. Then those contracts will be passed on to the next owner. that's just my opinion though . . .
     
  14. Buck Turgidson

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    99% of the time when owners want to sell, they *get rid* of as many long term contracts as possible.
     
  15. MadMax

    MadMax Contributing Member

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    you fix up your house when you want to sell it....if you're trying to attract buyers you don't make it less attractive to prospective buyers by leaving them with all of the burdens.
     
  16. Rockets10

    Rockets10 Contributing Member

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    MadMax and Buck,

    point taken and maybe you're both right. but if you are right i cringe at the thought of what drayton will say in two years when all the deferred salary comes up. :(
     
  17. RunninRaven

    RunninRaven Contributing Member
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    Sarcasm is a big canyon where Shareef Abdur Rahim's body will be dumped.
     
  18. xiki

    xiki Contributing Member

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    Unless the buyer is already identified, and quietly involved. That appears to be the case with Houston's great restaurateer...
     
  19. MadMax

    MadMax Contributing Member

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    we're hearing that behind the scenes, to be sure. but Tillman didn't make a ton of money by buying assets that are backloaded to disproportionately affect him.

    somehow i doubt it's as certain as you think.
     
  20. Major

    Major Member

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    Drayton is just trying to boost the value of the franchise by putting a good product on the field so that he can sell it within the next two years. Then those contracts will be passed on to the next owner. that's just my opinion though . . .


    When determining a franchise's value, all its assets and liabilities are considered. If the franchise owes $30 million in deferred salaries, the value of the franchise is going to be about $30 million less than it would have been without those liabilities. The only way this works out to increases Drayton's net gain is if the winning increases the franchise value by more than that of the deferred salaries. And if that's the case, then something right must have happened - a World Series or something like that.
     

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