To clarify about the "$237,098.03 a year" asked about above: Gene had also mentioned that we have 700-something paying subscribers, including people who might have paid just $5 for a single month. Do the math.
You're starting to look like DeSantis/Haley with each passing week. Not a good look. May I suggest a donation to GW's favorite charity (Clearing of throat is heard).
Interesting the impact Ohtani has had on MLB --- to the point where it instituted the so-called "Ohtani rule" to encourage teams to invest in two-way players like him. The rule allows the pitcher to be assigned the designated hitter spot in a batting order for his team and remain as the designated hitter even after being removed from the game as the active pitcher.
Always willing to help. A couple of gift suggestions for those who have everything (but these).
* Trump Co. Ego Massager. That special someone feeling a bit unsure of themselves ? The Trump Co. Ego Massager is just the ticket. Used reliably hours at a time, day in and day out for four years by Cabinet members, White House staffers and now by defense attorneys and House Republicans (No batteries needed. Operates on hot air).
* Limited Political Edition of Rock 'Em Sock 'Em Robots: Rock 'Em Sock 'Em Robots have delivered hard-hitting fun for almost 60 years! Now, for that political junkie or that someone who's been running a b&b on Tristan da Cunha for the last six years --- the new limited political edition featuring four robots in the exact likenesses of Donald Trump, Lauren Boebert, Marjorie Taylor Greene and Nancy Pelosi. Buy all four, change 'em up and watch the crowd roar with delight as Marge and Bobo duke it out for the US House mean girl title and Nancy pummels the underbelly of American society.
Ohtani’s contract is only worth $46MM a year. That’s the MLB-assigned Average Annual Value after discounting the future payments. It’s not Japanese tax-adjusted. It is only a few MM more annually than Scherzer’s 43.6MM a year. No one should predict he’ll pitch next year, he is injured and won’t. Many things make sense here. Many stories.
His deal is almost fully loaded at its back end (actually completion) with a massive deferral of $680MM until the contract ends. Ohtani will be paid $2MM directly in each season from 2024 to 2033. That’s the number that counts toward the team’s actual payroll (but, importantly, not its luxury tax payroll). A decade from now, Ohtani will then receive his annual payments of interest-free $68MM in deferred money for the 10 subsequent years. By one estimate he could be giving up more than $185MM+ in interest over the 10 years. However, because of the MLB collective bargaining agreement --- while the Dodgers will pay Ohtani only $2MM directly each of the next 10 years, they will also have to set money aside in the near-term that will cover the deferred payments he is owed in the future. Presuming eyes are beginning to glaze over, I won't go into details on the "present value" calculation of the amount and when the team has to set-aside it to meet its deferred compensation obligation. The tax consequences (and related strategies) are an even better cure for insomnia.
The ultimate punchline for Ohtani's contract would be if 9 years from now -- when Ohtani has 1 year and $682 million remaining on his contract -- the Dodgers traded him back to the Angels so he could retire there.
To clarify about the "$237,098.03 a year" asked about above: Gene had also mentioned that we have 700-something paying subscribers, including people who might have paid just $5 for a single month. Do the math.
Got it the first time and did indeed laugh
Oh, thought it was in dog dollars.
I assumed pesos.
Lots of great ones, but Jon's runner-up and Jesse's "and last" made me laugh out loud.
Not only was the last one hilarious, it was also clever. I would have figured it to be the winner. But what do I know?
That Jesse Frankovich is very promising -- I think he'll be recognized more and more!
Thanks, Bill! I DEMAND A RECOUNT! THIS (S)ELECTION WAS RIGGED!
Ironically, I also sent one about Mars Inc. Frank edged me out with his wording and won the whole damn competition:
Original: Leading candy manufacturer Mars Inc. accused of using child labor in CBS investigation
Spin: Mars Inc. puts kids first in all they do
That was good too. But you did okay.
You're starting to look like DeSantis/Haley with each passing week. Not a good look. May I suggest a donation to GW's favorite charity (Clearing of throat is heard).
I was trying to be Trump. Guess my repulsiveness is below his standard.
My faves: Duncan's 24-hour bank, Judy's breathtaking virus, and Frank's Fart--not necessarily in that order.
That last story wasn't submitted by one "S. Goodman of Albuquerque, NM," by chance, was it?
Still ROFL over Jesse F's PATS joke :) Great week overall...
And there's Paul Styrene, Olney! Great to see that name from the old days.
Here's a Christmas Riddle for you, something that King Arthur Flour should, but wouldn't dare, to publish.
https://ifunny.co/picture/forget-elf-on-a-shelf-forget-elf-in-the-shelf-5tr0OYE6A
Even we wouldn't run that.
Interesting the impact Ohtani has had on MLB --- to the point where it instituted the so-called "Ohtani rule" to encourage teams to invest in two-way players like him. The rule allows the pitcher to be assigned the designated hitter spot in a batting order for his team and remain as the designated hitter even after being removed from the game as the active pitcher.
So which of the Edinburgh Fringe Festival jokes is the funniest, as selected by the Ultimate Arbiter of Humor?
I voted (F). None of the above. Prefer these from last year's Fringe.
* By my age, my parents had a house and a family, and to be fair to me, so do I, but it is the same house and it is the same family;
* Did you know, if you get pregnant in the Amazon, it’s next day delivery;
* I tried to steal spaghetti from the shop, but the female guard saw me and I couldn’t get Pasta (named top joke);
* Spent the whole morning building a time machine, so that’s four hours of my life that I’m definitely getting back;
* I sent a food parcel to my first wife. FedEx;
* I used to live hand to mouth. Do you know what changed my life? Cutlery;
* Don’t knock threesomes. Having a threesome is like hiring an intern to do all the jobs you hate;
* I can’t even be bothered to be apathetic these days.
Always willing to help. A couple of gift suggestions for those who have everything (but these).
* Trump Co. Ego Massager. That special someone feeling a bit unsure of themselves ? The Trump Co. Ego Massager is just the ticket. Used reliably hours at a time, day in and day out for four years by Cabinet members, White House staffers and now by defense attorneys and House Republicans (No batteries needed. Operates on hot air).
* Limited Political Edition of Rock 'Em Sock 'Em Robots: Rock 'Em Sock 'Em Robots have delivered hard-hitting fun for almost 60 years! Now, for that political junkie or that someone who's been running a b&b on Tristan da Cunha for the last six years --- the new limited political edition featuring four robots in the exact likenesses of Donald Trump, Lauren Boebert, Marjorie Taylor Greene and Nancy Pelosi. Buy all four, change 'em up and watch the crowd roar with delight as Marge and Bobo duke it out for the US House mean girl title and Nancy pummels the underbelly of American society.
Never gave it any thought before, but now know I am definitely a sock, sock, shoe, shoe person.
Ohtani’s contract is only worth $46MM a year. That’s the MLB-assigned Average Annual Value after discounting the future payments. It’s not Japanese tax-adjusted. It is only a few MM more annually than Scherzer’s 43.6MM a year. No one should predict he’ll pitch next year, he is injured and won’t. Many things make sense here. Many stories.
His deal is almost fully loaded at its back end (actually completion) with a massive deferral of $680MM until the contract ends. Ohtani will be paid $2MM directly in each season from 2024 to 2033. That’s the number that counts toward the team’s actual payroll (but, importantly, not its luxury tax payroll). A decade from now, Ohtani will then receive his annual payments of interest-free $68MM in deferred money for the 10 subsequent years. By one estimate he could be giving up more than $185MM+ in interest over the 10 years. However, because of the MLB collective bargaining agreement --- while the Dodgers will pay Ohtani only $2MM directly each of the next 10 years, they will also have to set money aside in the near-term that will cover the deferred payments he is owed in the future. Presuming eyes are beginning to glaze over, I won't go into details on the "present value" calculation of the amount and when the team has to set-aside it to meet its deferred compensation obligation. The tax consequences (and related strategies) are an even better cure for insomnia.
Another interest as a financial guy is that they will have to accrue the total liability and expense the annual value I assume.
The ultimate punchline for Ohtani's contract would be if 9 years from now -- when Ohtani has 1 year and $682 million remaining on his contract -- the Dodgers traded him back to the Angels so he could retire there.