Poor Economy Doing It to Manny and the Mets
Tuesday, February 10, 2009 10:22Nothing can escape the evil clutches of our recent economic downturn, including major league baseball. Judging at the number of high profile unsigned free agents this winter, and the recent news that Citigroup may rescind their offer for naming rights to the new Mets stadium, the economics of MLB reflect what’s happening in the rest of the country.
This is not without some residual insanity from other recent deals, perpetrated by overly aggressive sports agents. Case in point is Manny Ramirez and his recent rejection of a one year $25 million offer to stay with the Dodgers. At 36 years of age this could very well be Manny’s final contract. This money is going to have to last him and his family (and apparently his agent) for the next few decades. $25 million is not enough (on top of the many tens of millions he’s already pulled in). Have these people heard the news or picked up a newspaper lately? There’s no question he’s one of the best right handed hitters in the history of baseball and still an impact player, but his attitude doesn’t help his cause and his age is working against him. He might have two seasons left as an everyday player or three to four seasons left as a designated hitter. If he thinks he’s an everyday player, the most he’s going to get is $50 million for two years. If he’s being shopped as a DH, he can expect no more than four years and $70 million, and there’s probably one team from NY that can give it to him. And it certainly isn’t the Mets.
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