After being signed to his second ten-day contract with the Memphis Grizzlies on January 20th, and the initial threats of the Portland Trailblazers to all NBA teams, Darius Miles has officially signed with the Memphis Grizzlies. I wrote several articles relating to this specific matter regarding Miles (Blazers Miles From Resolving Conflict) and his financial […]
Category: Contract Negotiation
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IPL V2.0
It’s that time of year again where Indian Premier League (IPL) teams offer astronomical amounts of money to cricketers for a couple of months work. Last year MS Dhoni topped the list, being paid US$1.5 million by the Chennai Super Kings. That figure is set to be broken this year as the next round of […]
Buster Olney of ESPN reported that, “There is a growing feeling within the industry that the nation’s economic struggles are going to have a major impact on the decisions of some teams. Some executives and agents believe a lot of teams might shy away from long-term obligations knowing that the disposable income of many of […]
Andy Pettite waited to sign with the New York Yankees, and ended up re-signing with the team for much less than the Yankees initially offered him. Instead of accepting a $10 million contract, Pettite waited, and recently signed a deal for $5.5 million guaranteed. His agent, Randy Hendricks, put a spin on the deal, saying […]
Yesterday, Dominic Perilli put together an excellent piece highlighting the decision by Prince Fielder to avoid salary arbitration and what Ryan Howard has to look forward to in the coming month. What about a Florida Marlin looking forward to some fun final-offer arbitration? Dan Uggla is asking for $5.35 million. The Marlins offering $4.4 million. […]
In just about 16 days, pitchers and catchers will be reporting in the MLB. However, with all of the excitement of a new season coming to a head, many players are cashing in with their respective ball clubs. Sometimes, though, the clubs get away with a bargain. In the MLB, if you are a scout […]
Closing pitcher Jonathan Papelbon and the Boston Red Sox have made history on Tuesday by agreeing to a 1-year, $6.25 million deal. This contract is the largest ever for a closing pitcher about to enter arbitration for the first time. Papelbon is one of baseball’s top closers. He saved 41 games last season when he […]
The Baltimore Orioles and 25-year old outfielder Nick Markakis have agreed to terms on a 6 year, $66 million extension. Markakis hit .306 last season, which lead the team. This deal is the second largest in Baltimore Orioles history behind Miguel Tejada’s $72 million contract in 2003. Markakis had his best season in 2007, when […]
The world champion Philadelphia Phillies have avoided arbitration with ace pitcher Cole Hamels. The Phils have given Hamels a 3-year, $20.5 million contract. The contract will reportedly give Hamels $4.35 million this season, $6.65 in 2010 and $9.5 million in 2011. In addition, a couple of incentives have been included in this contract: If Hamels […]
The Boston Red Sox and Kevin Youkilis have agreed to a 4-year deal worth more than $40 million with an optional fifth year, on Thursday. By agreeing to this deal, the Red Sox avoided an arbitration hearing for Youkilis. In 2008, Youkilis hit .312 with 29 homeruns and 115 RBIs. Youkilis also won the Hank […]