2009-03-08T22:19:58-04:00 <p><strong>Manny</strong> <strong>Ramirez</strong>'s new $45-million, two-year Dodgers deal is worth $42,005,723 according to the union filing obtained by SI.com.</p> <p>Ramirez is to be paid $25 million for 2009 and $20 million for 2010. But the actual payouts are as follows: $10 million in '09, $10 million in '10, $8.33 million in '11, $8.33 million in '12 and $8.33 million in '13. He is to receive no interest on the deferred payments, bringing the value down nearly $3 million from $45 million to $42 million.</p> <p>For Ramirez, the key is the ability to void thee contract after 2009, at which point he can become a free agent.</p> <p>A full no-trade provision is also in the contract.</p> Breaking down Manny's new contract 2009-03-06T20:55:36-05:00 62 2009-03-06T20:55:36-05:00 1 7 10 2009-03-08T22:19:58-04:00 http://img.fannation.com/upload/user_profile/image/632/403/thumb/s_c6d70d3efbd3fbe4f22d6baa6cd63e00.png 38 MA Brian Kenney Quincy 633043 62 heyman find something new to write about bro 4608865 2009-03-07T20:25:09-05:00 1 XX PK Kid No City 730362 The fallacy in the analysis is the assumption the the future value of a dollar is less than today, that inflation will cause an uninvested dollar to lose value over time. While that has been the stronger trend over the years, there is no proof that it will continue to be the case in the coming five years. In fact, deflation may set in, in which case the real value of the contract goes up as a dollar is worth more when prices drop, so it becomes more difficult to obtain that dollar and pay that salary. The argument is really a red herring. What the real issue in the contract boils down to is whether or not Manny or McCourt will benefit from being owed/making deferred payments...everyone is assuming it will be McCourt, but it could in fact be Manny. What if MCCourt defaults...to settle his obligation to Manny he may have to give up part of the team...then Manny may in fact reap a huge benefit. It's all speculative and only time wil tell. 52 Its too bad you really don't understand the concept of the present value of money, and are trying to argue that someone else doesn't know what he's talking about. Perhaps an example will help you to understand. Pretend that Manny has a contract that defers payment of $100.00 for one year. In one year, he will have $100.00. Now, that $100.00 he receives in one year might be worth more than $100.00 is worth today (although the odds of that being the case are very remote), he will still have only $100. However, if he gets $100.00 today, and puts it in a savings account that gives him a return of 1% interest per year, he will have $101.00 in a year. Now, again, in one year, $101.00 might be worth more than $101.00 today, or it might not, but it will always be worth more than $100.00. 4601864 2009-03-08T21:02:55-04:00 http://img.fannation.com/upload/user_profile/image/644/003/thumb/P1010128.jpg 37 CA mipacu56 Simi Valley 644643 Its too bad you really don't understand the concept of the present value of money, and are trying to argue that someone else doesn't know what he's talking about. 61 What a putz. To all who believe the future value of Manny's deal is only $42 mil, I would invite you to try and find an investment that pays 5% in the current market. Hello Bernie Madoff!! 4608398 2009-03-08T20:25:53-04:00 266 CA Jbird North Hollywood 53263 58 Heyman, In this terrible economic times, with so many people struggling to survive, why must you be so plainly ignorant to say something like Manny's contract being valued at ONLY 42 million for two years? Come on, you're suppose to be a professional. Don't you have the common sense to write your articles with some sensitivity for you audience? Moron. 4608215 2009-03-08T20:49:32-04:00 http://img.fannation.com/upload/user_profile/image/461/788/thumb/chicken.gif 686 NH Rikj Derry 462228 Heyman,In this terrible economic times, with so many people struggling to survive, why must you be so plainly ignorant to say something like Manny's contract being valued at ONLY 42 million for two years? Come on, you're suppose to be a professional. Don't you have the common sense to write your articles with some sensitivity for you audience? Moron. 60 Guess the &quot;simpleton&quot; demographic is larger than originally anticipated. 4608326 2009-03-07T18:49:00-05:00 34 MA CuseDad Newton 519269 The fallacy in the analysis is the assumption the the future value of a dollar is less than today, that inflation will cause an uninvested dollar to lose value over time. While that has been the stronger trend over the years, there is no proof that it will continue to be the case in the coming five years. In fact, deflation may set in, in which case the real value of the contract goes up as a dollar is worth more when prices drop, so it becomes more difficult to obtain that dollar and pay that salary. The argument is really a red herring. What the real issue in the contract boils down to is whether or not Manny or McCourt will benefit from being owed/making deferred payments...everyone is assuming it will be McCourt, but it could in fact be Manny. What if MCCourt defaults...to settle his obligation to Manny he may have to give up part of the team...then Manny may in fact reap a huge benefit. It's all speculative and only time wil tell. 49 Are you a REAL Putz or just playing the role of unemployed attorney? 4601353 2009-03-08T20:28:41-04:00 266 CA Jbird North Hollywood 53263 Are you a REAL Putz or just playing the role of unemployed attorney? 59 He's not a putz. It makes sense. Oh, you're commenting on the PLAYER with the Met's, the relief pitcher, Putz, right? 4608221 2009-03-08T20:25:53-04:00 266 CA Jbird North Hollywood 53263 58 Heyman, In this terrible economic times, with so many people struggling to survive, why must you be so plainly ignorant to say something like Manny's contract being valued at ONLY 42 million for two years? Come on, you're suppose to be a professional. Don't you have the common sense to write your articles with some sensitivity for you audience? Moron. 4608215 2009-03-08T16:59:43-04:00 http://img.fannation.com/upload/user_profile/image/769/05/thumb/Conga.jpg 18 WA chicov Federal Way 77205 55 Hey stupid, Only and $42 Million don't go together, I don't care who you are or what you do. 4606907 2009-03-08T20:17:14-04:00 http://img.fannation.com/upload/user_profile/image/461/788/thumb/chicken.gif 686 NH Rikj Derry 462228 Hey stupid, Only and $42 Million don't go together, I don't care who you are or what you do. 57 Are you really as dense as the other 12 simpletons who have expressed this opinion before you? &quot;Only&quot; is a relative term, as in less than the reported value of $45 million. It's not a commentary on whether $42 million or $45 million is a lot of money. 4608153 2009-03-07T15:48:39-05:00 http://img.fannation.com/upload/user_profile/image/465/79/thumb/khloe-kardashian-nude_394x521.jpg 56 CA lawyerluke Westlake Village 46819 42 The fallacy in the analysis is the assumption the the future value of a dollar is less than today, that inflation will cause an uninvested dollar to lose value over time. While that has been the stronger trend over the years, there is no proof that it will continue to be the case in the coming five years. In fact, deflation may set in, in which case the real value of the contract goes up as a dollar is worth more when prices drop, so it becomes more difficult to obtain that dollar and pay that salary. The argument is really a red herring. What the real issue in the contract boils down to is whether or not Manny or McCourt will benefit from being owed/making deferred payments...everyone is assuming it will be McCourt, but it could in fact be Manny. What if MCCourt defaults...to settle his obligation to Manny he may have to give up part of the team...then Manny may in fact reap a huge benefit. It's all speculative and only time wil tell. 4599965 2009-03-08T20:15:00-04:00 http://img.fannation.com/upload/user_profile/image/461/788/thumb/chicken.gif 686 NH Rikj Derry 462228 The fallacy in the analysis is the assumption the the future value of a dollar is less than today, that inflation will cause an uninvested dollar to lose value over time. While that has been the stronger trend over the years, there is no proof that it will continue to be the case in the coming five years. In fact, deflation may set in, in which case the real value of the contract goes up as a dollar is worth more when prices drop, so it becomes more difficult to obtain that dollar and pay that salary. The argument is really a red herring. What the real issue in the contract boils down to is whether or not Manny or McCourt will benefit from being owed/making deferred payments...everyone is assuming it will be McCourt, but it could in fact be Manny. What if MCCourt defaults...to settle his obligation to Manny he may have to give up part of the team...then Manny may in fact reap a huge benefit. It's all speculative and only time wil tell. 56 You don't really have a very strong grasp of economics, do you? 4608118 2009-03-08T16:59:43-04:00 http://img.fannation.com/upload/user_profile/image/769/05/thumb/Conga.jpg 18 WA chicov Federal Way 77205 55 Hey stupid, Only and $42 Million don't go together, I don't care who you are or what you do. 4606907 2009-03-07T19:49:44-05:00 3 MA JohnO#1 Charlestown 730342 50 So it's really only worth $25m cuz yo know this jerk is opting out after 1 year! 4601779 2009-03-08T01:46:04-05:00 http://img.fannation.com/upload/user_profile/image/675/011/thumb/doguedebordeaux_pyatak.jpg 160 CA Dogue-dude ventura 675651 So it's really only worth $25m cuz yo know this jerk is opting out after 1 year! 54 Yah he's opting out next year for sure. So Man Ram and Borass can get the Dodgers to bid against themselves again next year too. Joke's on you McCourt. should have let him walk when you had the chance. do you really think he's gonna hit .394 when He's already pissed about how underpayed and underappreciated you made him feel.. Poor Manny 4603679 2009-03-07T20:41:07-05:00 http://img.fannation.com/upload/user_profile/image/442/634/thumb/MikeJenkins_Giants_110208_300.jpg 17979 US travis31 Springfield 443074 53 www.informativesports.com 4601955 62 <p><strong>Manny</strong> <strong>Ramirez</strong>'s new $45-million, two-year Dodgers deal is worth $42,005,723 according to the union filing obtained by SI.com.</p> <p>Ramirez is to be paid $25 million for 2009 and $20 million for 2010. But the actual payouts are as follows: $10 million in '09, $10 million in '10, $8.33 million in '11, $8.33 million in '12 and $8.33 million in '13. He is to receive no interest on the deferred payments, bringing the value down nearly $3 million from $45 million to $42 million.</p> <p>For Ramirez, the key is the ability to void the contract after 2009, at which point he can become a free agent.</p> <p>A full no-trade provision is also in the contract.</p> 55521 http://img.fannation.com/upload/user_profile/image/100/64/thumb/Heyman_Jon.png 0 NY Jon Heyman New York 10084