Fernando Tatis Jr. will be hitting dingers in San Diego until we’re all uncomfortably back in diapers. Adam Silver is hosting a very quiet kickback, and we have a nice over-under to consider.
The San Diego Padres locked up their shortstop with a 14-year, $340 million contract extension. It’s a period of time of which I can’t fathom. It’s like telling me the dinosaurs were around 66 million years ago, or that we are now further from Marty McFly’s 1985 than he was to his parents' Enchantment Under the Sea dance in 1955.
By the time Tatis is through, everyone will be flipping bats, calling shots and swinging at 3-0 pitches with their team comfortably in the lead. It’s gonna be epic.
Tatis Jr.’s Crazy Contract
We’ve had the better part of a day to sift through the absurdity that is epic professional sports job security. But the decade-plus extension that Tatis Jr. just inked does have some interesting items of note.
First, he isn’t getting all of $340M. That point is obvious—painfully so if you find yourself living in California.
Sportico breaks down the particulars and explains the young star expects to “take home” about $169 million of the contract, with an estimated $191 million going to federal and state taxes.
Oh, but that’s not all.
Another intricacy of this situation is Tatis Jr.’s previous deal with Big League Advance, which is a firm that invests in minor-league talent.
MarketWatch explains that a typical contract with BLA allows for cash upfront for the promise of a cut of future earnings. And the report states that is normally around 8%.
If this holds true for Tatis Jr. (his previous deal has not been disclosed), he would owe $27.2 million. Though it should be said that not only does he still have millions left over, he is also one of if not the most marketable MLBer out there right now.
I think he’s going to be just fine.
Adam Silver’s Super Mega Non-Event
Armed with shovel, Adam Silver stopped by “The Jump” on Thursday afternoon to discuss that All-Star Game nobody wants.
The NBA commissioner spoke with Rachel Nichols, explaining that the game is a big event and the league just wants to bring back some normalcy, throwing out a rather sizable exception with: “I'll add that, of course, I'm listening to those who don't think it's a good idea, and I think that's been the cases in terms of essentially everything we've done since we shut down [nearly] a year ago because of the pandemic.”
So it’s going to be an event, but not, like, an event.
Silver continued, via ESPN:
“We don't want people to gather for events around this All-Star. There will be absolutely no social functions in Atlanta. No ticketed events. No parties. It is a made-for television event at this point, and it's largely in Atlanta because that's where Turner Sports is located who will host this event ... that's why we are there, so we agree with the mayor."
The report states players will be mandated to stay at the assigned hotel except for when being squired to the arena.
The reactions are as expected.
LeBron James’s Homage
Los Angeles Lakers' LeBron James shared some sweet artistry that now hangs on his wall, a painting by Lindsay Dawn the commemorates Nipsey Hussle and Kobe Bryant, both of whom passed away over the last two years.
Before You Go
The Dodgers are going to win 104 games this season. At least, that’s the mark set by Caesars Sportsbook by William Hill, which has L.A. down for a cool 104.5 games.
As ESPN reports, “That's tied with the 1999 Yankees for the highest win total at sportsbooks in the past 32 seasons, according to odds archive SportsOddsHistory.com.”
So stick that in your over-under.