Evan Longoria

[DodgerBlue8188]

I'm sure most of you all know about his new contract at such a early time frame. I know this is posted in the Tampa forum but thought it could have some significants in here because a lot of people are talking about it.

What do you think of this signing? I'm kind of iffy on it. I think it's a smart move on Tampa's part but if he's locked in on this contract he will be hurting himself years down the road. If he turns out to be as good as everybody thinks he'll be making about as much as a regular player in his last few seasons.

[Old Sweater]

I just view it as a money saving move by the Rays based on the assumption that Longoria is going to be a ringer who will be injury free. I don't see how Longoria will lose that much money and it's a darn good contract for a sip of coffee career.

[DodgerBlue8188]

I just view it as a money saving move by the Rays based on the assumption that Longoria is going to be a ringer who will be injury free. I don't see how Longoria will lose that much money and it's a darn good contract for a sip of coffee career.

How could he not lose a lot of money? If he ends up being an all star caliber player he could be making 25 million a year the way contracts keep going up. It wouldn't happen anytime soon but his contract is set to end around 2016 I believe. In 2016 A-Rod would probably be making 40 million a year. Which means if he was a stud around that time frame he'd probably be making over 20 a year based on how contracts are now.

[Yankeebiscuitfan]

How could he not lose a lot of money? If he ends up being an all star caliber player he could be making 25 million a year the way contracts keep going up. It wouldn't happen anytime soon but his contract is set to end around 2016 I believe. In 2016 A-Rod would probably be making 40 million a year. Which means if he was a stud around that time frame he'd probably be making over 20 a year based on how contracts are now.

I don't understand the fuzz. I mean, he will be happy with it. Otherwise he would not have signed the contract. He is 22 now, so by the time his contract expires he will be 30. He can always cash in then.

But I think it is good to see that a player is not that greedy that he demands more. In the end he will have earned 44.5 million dollar. You must live a very luxurous life to spend that money. And like someone at the Rays forum said: He just had a , so iti is not a bad contract for someone who just broke into the majors.

[DodgerBlue8188]

so what happens if he starts being horrible. can he be sent down to the minors? how does this affect his pay?

[Steve Jeltz]

It's ridiculous! $44.5 million being chump change? Being underpaid? Are you kidding me? I would be thrilled if someone gave me $100 grand, let alone $44.5 million. I won't get into the players being overpaid argument.

[Old Sweater]

How could he not lose a lot of money? If he ends up being an all star caliber player he could be making 25 million a year the way contracts keep going up. It wouldn't happen anytime soon but his contract is set to end around 2016 I believe. In 2016 A-Rod would probably be making 40 million a year. Which means if he was a stud around that time frame he'd probably be making over 20 a year based on how contracts are now.

Right now it is the Rays taking all the risks. Longoria just has if's working for him at this point in time. I doubt if Longoria's agent would have the kid sign something stupid.

Evan Longoria inf
6 years/$17.5M (2008-13), plus 2014-16 club options

signed extension 4/18/08
08:$0.5M, 09:$0.55M, 10:$0.95M, 11:$2M, 12:$4.5M, 13:$6M, 14:$7.5M club option ($3M buyout), 15:$11M club option, 16:$11.5M club option
if Longoria otherwise would be arbitration-eligible
after 2010, 2011 salary increases to $2.5M
after 2011, buyout for 2014 option increases to $4M

club must decide by 11/2014 whether to exercise 2015-16 options
2016 option may increase to $14M based on rankings in MVP vote

contract purchased 4/12/08

drafted 2006 (1-3) (Long Beach St.), $3M signing bonus
ML service: 0.000
agent: Paul Cohen

-------------------------------------------------------------

Club Options

The salaries for the first six years of the agreement are guaranteed with the team holding a one-year option for 2014 season and a subsequent two-year option for the 2015 and 2016 seasons. The contract guarantees $17.5 million. If the Rays exercise both options, Longoria would earn more than $44 million over the life of the nine-year agreement.


Troy Tulowitzki ss
6 year/$31M (2008-13), plus $15M 2014 club option

signed extension 1/23/08
08:$0.75M, 09:$0.75M, 10:$3.5M, 11:$5.5M, 12:$8.5M, 13:$10M, 14:$15M club option ($2M buyout)

largest deal ever for player with less than 2 years of ML service

1 year/$0.381M (2007)

1 year (2006), contract purchased 8/06

signed 6/05
drafted 2005 (1-7), $2.3M signing bonus
agent: Paul Cohen

ML service: 1.033

Tulo got 12.5mil more but he has a years service time and who knows for sure if Longoria won't get current value on the option years the way that a player reneges on his contract nowdays. 17.5mil in hand with options for 44mil isn't bad at all based on hope at this time.

[Old Sweater]

Huh, just noticed that Longoria comes from the same college(Long Beach ST) and has the same agent(Cohen) as Tulo. Both of them have great contracts as far as I'm concerned.

[Brian McKenna]

Strikes me that he undervalued himself. Who was the agent? He lost a significant amount of money - boneheaded move. He'll probably just pitch a fit when he is 25 or 26 and get a new contract.

[Pere]

How could he not lose a lot of money?

If he turns out to be something less than the star everyone imagines, it will be the Rays who are losing money on him.

Regardless, in the short term, he will certainly make more this way, than if the Rays had kept him in the minors long enough to defer not only free agency but arbitration eligibility as well.

[plask_stirlac]

I'm just surprised it's an EXTENSION so he still gets nothing right now. He wasn't going to be hitting arb or the market for a while.

Now if it were $44.5 million Euros it would be a steal. Any dollars now are pretty good as well because it's losing value, he might as well buy stuff now but it's not for now anyway.

[Pere]

I'm just surprised it's an EXTENSION so he still gets nothing right now.

He gets to play in the big leagues right now (rather than waiting a couple months) and his big league salary for this year is $500,000 (rather than the minimum).

[dl4060]

How could he not lose a lot of money? If he ends up being an all star caliber player he could be making 25 million a year the way contracts keep going up. It wouldn't happen anytime soon but his contract is set to end around 2016 I believe. In 2016 A-Rod would probably be making 40 million a year. Which means if he was a stud around that time frame he'd probably be making over 20 a year based on how contracts are now.

He could not lose money if he does not turn out to be as good as everyone says. This is a way of hedging his bets. I still don't know if I would have done it. If the last couple of years were guarantees as opposed to team options that would be different. He will still be young enough to cash in pretty big if he does turn out to be a star.

[skyking162]

His first three seasons would have been near the minimum even if he didn't sign, so those don't matter much either way. It's the three arbitration years that get a little "risky", basically costing the Rays $6MM per season. That's about what league-average players make in arbitration. Longoria only has to be league-average for the Rays to break even. The upside far outweighs the downside, but sure, it's a "gamble".

[Zagi-CRO]

Ok, whatever you said, Evan Longoria is the third valuable batter in the Rays stuff, after Crawford and B.J.Upton.