Money Questions

by 25 on Jun 8, 2008 10:38 PM PDT

Ok, so, I'm not entirely familiar with the way the money works in our front office.

-Now that we have a new owner, do we have more money or is our budget about the same?

-How much longer will we be paying off the ballpark and when we stop, how much will that extend our budget?

-What is our budget?

Thanks Guys and Gals,

Max

P.S. I am thoroughly enjoying this win streak.

This FanPost is reader-generated, and it does not necessarily reflect the views of McCovey Chronicles. If the author uses filler to achieve the minimum word requirement, a moderator may edit the FanPost for his or her own amusement.

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Comments

El Budgeto'

Let’s address your questions in order.
1. Money can be exchanged for goods & services.
2. New ownership means a higher likelihood of not wanting to spend more money after paying in money to raise a greater stake in the franchise ownership.
3. Ballpark will be paid off in 2017 according to the most recent info I read (around the time of the Magowan retirement announcement). Once the park is paid for, we probably will be on the same footing (spending wise) as the Dodgers or the Cubs (not NY money or Red Sox money, but in the top 5-6). This would mean we’d probably raise our payroll to around 100 million (maybe 115 but that’s doubtful) a year.
4. Currently the Giants are spending around 80ish million (though Zito’s contract might bring us closer to 90).

Down in Front Meat!

by homerdrew415 on Jun 9, 2008 12:28 AM PDT reply actions 1 recs

so $20 can be used to buy many peanuts?

by tyrannoman on Jun 9, 2008 7:42 AM PDT up reply actions

Explain how!

Down in Front Meat!

by homerdrew415 on Jun 9, 2008 9:40 AM PDT up reply actions

and show your work

Billy Hayes: Nine more big-league plate appearances than you.

by delorean on Jun 9, 2008 9:44 AM PDT up reply actions

Money can be exchanged for goods and services!

by Steve on Jun 9, 2008 1:05 PM PDT up reply actions

I also did not read the comment above. I fail.

Still, it’s a bit appalling how much of my lexicon comprises Simpsons trivia.

by Steve on Jun 9, 2008 1:12 PM PDT up reply actions

In staying with the geek trivia

Down in Front Meat!

by homerdrew415 on Jun 9, 2008 1:15 PM PDT up reply actions

I’m not sure I can put a senctence togeather without a Simpson’s quote falling in.

by tyrannoman on Jun 9, 2008 1:30 PM PDT up reply actions

Me fail spelling? That's unpossible.

Down in Front Meat!

by homerdrew415 on Jun 9, 2008 1:44 PM PDT up reply actions

me know spel good.

by tyrannoman on Jun 9, 2008 3:10 PM PDT up reply actions

English. Not spelling.

Eugeniooooooo!!!!

by FairweatherFan on Jun 9, 2008 4:09 PM PDT up reply actions

I’m pretty sure that describes most of us.

Everybody Loves Durham
comics | cartoons | Nattowear

by Natto on Jun 9, 2008 3:06 PM PDT up reply actions

i dont think there's a new owner is there?

thought it was just a change in the managing partner

by slojoe on Jun 9, 2008 12:37 AM PDT reply actions

That is true

There is no “new owner”, and for the record, it’s an ownership group. The big news recently was that Magowan will be dropping out of it, but a) that doesn’t happen until after this season, and b) his role has already been swallowed up by others among the existing group.

So… meet the new boss- same as the old boss.

¿Julio is tourist in San Francisco? Harper's Bizarre!

by hairball on Jun 9, 2008 9:39 AM PDT up reply actions

If I heard correctly on a radio show. Last year’s budget was a little over 90M and this year it’s around 78M.

by timmeh on Jun 9, 2008 12:50 AM PDT reply actions

Deferred money

That’s what will kill us. I believe we are still paying Bonds part of his salary because we deferred some of it to sign “better” players. That worked out well…

by KTJ on Jun 9, 2008 9:37 AM PDT up reply actions

Money being paid to Bonds isn’t what will hurt the Gigantes. It’s going to be the twice a month checks that are payable to Barry Zito.

Down in Front Meat!

by homerdrew415 on Jun 9, 2008 9:41 AM PDT up reply actions

Would it help if they moved Zito to a monthly paycheck? You know, save on paper, and the stamp to mail it…

by tyrannoman on Jun 9, 2008 1:31 PM PDT up reply actions

Direct deposit?

Down in Front Meat!

by homerdrew415 on Jun 9, 2008 1:44 PM PDT up reply actions

I just kind of assumed B-Zit would get those giant checks, like from Happy Gilmore. The postal fees on those have to be huge.

by tyrannoman on Jun 9, 2008 1:57 PM PDT up reply actions

Spending habits

The change in Managing Partner does not directly effect the budget decisions as much as a change in the overall dynamics of baseball. Teams are shifting to identifying and locking up high end talent earlier in their careers (see Longoria, Evan). As a result, the Giants plan to spend more money in scouting - both international and amateur - to improve their pipeline.

It is going to be increasingly rare to see major free agents available. The premium free agents that do change teams will see inflated salaries with contracts that are likely longer than their prime years (see Lee, Carlos).

So, if one were to read the tea leaves, you can expect the Giants to spend heavily on international talent (see Villalona, Angel) and draft best talent available regardless of signability concerns (see Posey, Gerald).

Will the Giants try to sign big ticket free agents? I think attempts will be made for some (see Texeria, Mark), but for the most part this is due dilligence since they can’t beat the Yankees in a bidding war.

I will be a happy fan if the Giants continue to develop a solid core of players in house while adding moderately over-priced specialists - like 5th starter or bullpen arms - to push them over the top. Maybe in three or four years, we’ll be perennial contenders again!

by Rusty the Robot on Jun 9, 2008 11:15 AM PDT reply actions

I think you’re dead on with this analysis. For the next four or five years we’ll see younger players locked up a lot sooner. In about a decade, a lot of those players will become injured or will ot be effective and the pendulam will swing back, and we’ll see better players hit FA. IMO.

by tyrannoman on Jun 9, 2008 1:34 PM PDT up reply actions

The nice thing is, it looks like the team won’t have to go all FA crazy to field a decent team now that we’ve got some propspects to fill positions in the coming years.

2008 Giants: A steaming pile of scrap!

by Goofus on Jun 9, 2008 3:01 PM PDT up reply actions