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Leaving $$$ on the table

Discussion in 'Sports and News' started by JackReacher, Dec 14, 2010.

  1. JackReacher

    JackReacher Well-Known Member

    So in the past 24 hours, Cliff Lee left, what, $50 million on the table? And Gus Malzahn turned down $3 million a year from Vandy to stay at Auburn and earn $1 million per year.

    Kinda nice to see.

    What other big-name athlete/coach has done this recently? Can't be many, right?
  2. derwood

    derwood Active Member

    Lebron James.
  3. zagoshe

    zagoshe Well-Known Member

    But in Malzahn's case it had a lot more to do with the fact that he knows there will be far better jobs to come down the pike in the next year at places he has a chance to actually succeed.

    So I don't think turning down a career-killing job is in the same category as a free agent baseball player deciding he doesn't want to just take the offer of the most money.
    Last edited by a moderator: Jan 1, 2015
  4. JackReacher

    JackReacher Well-Known Member

    Good point about Malzahn, Zag.
  5. Mizzougrad96

    Mizzougrad96 Active Member

    A-Rod was willing to give up a significant portion of his contract to be traded to the Red Sox, but the union wouldn't let him do it.

    I'm guessing the union isn't too happy with Lee today either.
  6. Michael_ Gee

    Michael_ Gee Well-Known Member

    That seems like poor economic reasoning on the union's part. If Lee is willing to take less money to go to a place he liked, won't teams that think they might not be liked (that is, the Yankees), offer even MORE money to the next free agent they're pursuing in an attempt to compensate? If Greinke doesn't really want to pitch in New York, about the only way to make him change his mind is put even more dough on his plate.
  7. cranberry

    cranberry Well-Known Member

    The union wouldn't allow the club to ignore maximum paycut provisions in the Collective Bargaining Agreement (nor should it) so Larry Lucchino had a hissy fit and called off any potential deal despite an offer from A-Rod to rework the terms.

    The union has no problem with Lee's new contract because even though it's not seven years the AAV remains high for determining comparable salaries.

    Otherwise, good guess.
  8. Mizzougrad96

    Mizzougrad96 Active Member

    That makes sense.
  9. Azrael

    Azrael Active Member

    I'd quibble with the notion that anything was "left on the table." The contracts pay about the same annual salary. One offered more years.
  10. cranberry

    cranberry Well-Known Member

    There's something to be said for $30 million or so guaranteed. Come 2016, Lee may be wishing he'd taken those extra years.
  11. TigerVols

    TigerVols Well-Known Member

    Cam Newton will leave money on the table when he declares for the NFL draft.
  12. Mizzougrad96

    Mizzougrad96 Active Member

    Not exactly the same thing, but Steve Spurrier walked away from $15 million guaranteed when he quit as coach of the Redskins rather than waiting to be fired.

    In a strange way, I totally respect that.
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