Genes page article on Ginn

Shadow34

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Aug 22, 2012
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Is this German? Apologies if so. Anyway Ginn and poppa met Coach Lemonis, really liked him, and one quote stood out......”I can’t wait to play for him”

https://247sports.com/college/mississippi-state/Article/MSU-signee-JT-Ginn-and-his-dad-Mike-Ginn-talk-about-meeting-new-MSU-head-baseball-coach-Chris-Lemonis-119385517/
 

Len2003

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May 13, 2018
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That article made it sound like Ginn is coming, but it almost seems too good to be true.
 
Sep 9, 2012
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There’s a chance Ginn could come to school. Not a great chance (less than 50/50, IMO)- but a chance nonetheless. The Dodgers have the smallest bonus pool in the draft this year, and I’ve heard from more than one person that they have been unsure about getting him to sign from the beginning.

We’ll see how it plays out. I’m sure some of this is just posturing to a degree in an effort to get the best offer possible.
 

bulldogcountry1

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Jun 4, 2007
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Just assume he’s signing and all this is negotiating. If he manages to make it to campus, then it will just be a big bonus.
 

HumpDawgy

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It's hard to imagine getting a first rounder to decide on college instead, but if it happens, WOW. We really need pitching. 5 guys leaving (6 if Cole decides to leave/grad transfer). Would like to see if Cole could be a Saturday starter and Ginn could be our Sunday guy maybe. Marsh is the only other guy I see who might fit into the starter rotation.
 

Len2003

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I just can’t grasp turning down over 2 million dollars.

I can see it. After taxes, you could burn through 2 million pretty quickly because you’d have to supplement your minor league salary. Add to that the fear you never make it out of the minors. The student athlete experience is a pretty sweet deal when compared to playing in the minor leagues. Playing in the minors is a bad life that would not appeal to an 18 year old. What’s more fun? Being the big man on campus, getting any girls you want, living in a college town with people your age, playing at Dudey Noble in meaningful games with teammates who are brothers OR being bused around to junky stadiums to play in front of 1000 people somewhere in Montana where you have no family or friends? I can see exactly why an 18 year old would roll the dice and spend some time in college. He can still play pro ball in a few years.
 

ronpolk

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I can see it. After taxes, you could burn through 2 million pretty quickly because you’d have to supplement your minor league salary. Add to that the fear you never make it out of the minors. The student athlete experience is a pretty sweet deal when compared to playing in the minor leagues. Playing in the minors is a bad life that would not appeal to an 18 year old. What’s more fun? Being the big man on campus, getting any girls you want, living in a college town with people your age, playing at Dudey Noble in meaningful games with teammates who are brothers OR being bused around to junky stadiums to play in front of 1000 people somewhere in Montana where you have no family or friends? I can see exactly why an 18 year old would roll the dice and spend some time in college. He can still play pro ball in a few years.

I get these guys don’t make much in the minors. But if someone making $20k to $30k a year “blows through 2 million pretty quickly” then they got problems and it wouldn’t matter how much they made. I’m not saying someone wouldn’t use that $2 million to help live in a decent place but can’t see how they would go through it quickly.
 

patdog

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After taxes, you're still going to have about $1.2M left. Invest that at 8% and that's $96,000 per year to supplement your minor league salary without losing a dime of your principal. It's pretty hard to burn through that much money unless you're just completely irresponsible. Granted, a lot of people are and it's hard to feel too sorry for them when the money is gone.
 

Go Budaw

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Aug 22, 2012
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There’s a chance Ginn could come to school. Not a great chance (less than 50/50, IMO)- but a chance nonetheless. The Dodgers have the smallest bonus pool in the draft this year, and I’ve heard from more than one person that they have been unsure about getting him to sign from the beginning.

We’ll see how it plays out. I’m sure some of this is just posturing to a degree in an effort to get the best offer possible.

This is true. Slot for Ginn’s pick was $2,275,000. Ginn / family number is rumored to be hovering around $3 million. Dodgers bonus pool for ALL their picks in Top 10 rounds (and for any bonus money over $125k given to players in rounds 11-40) was a shade over $5 million. So, essentially they are asking for over 30% over slot value AND for the Dodgers to spend almost 60% of their entire bonus pool on Ginn. They are really really far off right now. It probably comes down to whether or not the Ginn’s will accept something in the $2.5 - $2.7 range, because I don’t think there is any way the Dodgers will pay full asking price. In that sense, MSU might be the beneficiary of the Dodgers drafting him instead of somebody else.

My biggest takeaway from the whole deal is that the Ginn’s are really good at poker, or they are freaking loaded already.
 

FQDawg

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May 1, 2006
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After taxes, you're still going to have about $1.2M left. Invest that at 8% and that's $96,000 per year to supplement your minor league salary without losing a dime of your principal. It's pretty hard to burn through that much money unless you're just completely irresponsible. Granted, a lot of people are and it's hard to feel too sorry for them when the money is gone.

At the risk of starting one of "those" threads, where in the world are you getting a realized 8% return in this day and age? Asking for a friend.
 

Willow Grove Dawg

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I thought that at least some of the 1st round picks were guaranteed MLB minimum salaries for a couple of years while in the minors.
 

engie

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May 29, 2011
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It's pretty simple math in this era.

Dodgers' total bonus pool - $5,288,200
Real maximum bonus(5% over this number) since most teams pay the tax up until this point and then the penalties get stiff - $5,552,609

Went $25k over on 17th rounder already.
Have spent $1,185,000 on 4th through 9th round picks.

Have total maximum bonus pool of $4,342,609 left to spend on their first, second, and third rounders. Plus their 10th rounder(college senior, will be cheap). And any other picks they might have gone over $125k on.
 

patdog

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May 28, 2007
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Long term average for the stock market has been 10%. 2013-2017 was higher than that. You'll never get 10% every year, but averaging 8% is a pretty reasonable return.
 

HueFreeze

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Aug 22, 2012
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He met with Lemonis at MSU Tuesday afternoon - he is a top priority.
He has not even begin discussions with Dodgers as of now.
He is a advised by Scott Boras - he won't be the easiest sign.
He is also going to be advised to say exactly what he needs to say to pressure msu or the dodgers

Indiana pitching coach Bunn played on a Softball team with Ginn father ...so there is an immediate connection and relationship tie
 

jack daniels dog

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Feb 11, 2013
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After taxes, you're still going to have about $1.2M left. Invest that at 8% and that's $96,000 per year to supplement your minor league salary without losing a dime of your principal. It's pretty hard to burn through that much money unless you're just completely irresponsible. Granted, a lot of people are and it's hard to feel too sorry for them when the money is gone.

Not in any way being a smart ***, seriously asking. What are people investing in at 8% gain?

ETA looks like y’all beat me to the question and answer. Wish I was more knowledgeable of the stock market.
 

UpTheMiddlex3Punt

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May 28, 2007
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Getting 8% returns is really really easy. Even 10% annualized returns isn't that hard to find in a "set it and forget it" mutual fund. The trick is finding 8% returns on investment income you can draw against, meaning low volatility.
 

rynodawg

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May 29, 2007
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If I was a parent in that situation, one of my main concerns would be if we could take out some kind of insurance policy that would pay out $1M+ in the case of serious injury while in college.

That would mitigate a lot of the risk. After that, it’s a question of how much does Ginn value the college experience, and how confident are we that he can increase his stock to Top 10 in three years? If he does that, the signing bonus will increase to $4.5M or more. Even if he stays low first round, or 2nd, it’s not the worst trade off, considering the quality of life difference in Starkville vs some 18 yo rookie league.

Edited to add: Per perfect game Ginn was already 19 during the draft, if he can enter draft again in 2 years, that would help the college argument, it’s an extra chance to be drafted before he loses leverage on the bonus.
 
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engie

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May 29, 2011
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Ginn has the insurance situation figured out for college should he choose to come to State already.
 

RutherfordBHayes

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Nov 4, 2014
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Not in any way being a smart ***, seriously asking. What are people investing in at 8% gain?

ETA looks like y’all beat me to the question and answer. Wish I was more knowledgeable of the stock market.
There’s a lawyer in Madison that can guarantee more than 8% on some timber investments.
 

maroonmania

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Feb 23, 2008
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There’s a chance Ginn could come to school. Not a great chance (less than 50/50, IMO)- but a chance nonetheless. The Dodgers have the smallest bonus pool in the draft this year, and I’ve heard from more than one person that they have been unsure about getting him to sign from the beginning.

We’ll see how it plays out. I’m sure some of this is just posturing to a degree in an effort to get the best offer possible.

Most clubs don't waste a first round pick on a guy that they are unsure will sign. If that's true then it was a dumb move by the Dodgers.
 

Willow Grove Dawg

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Gautreau worked for the Scott Boras agency prior to joining the MSU Staff. The Boras group has been working the Ginn family for 2-3 years. Gautreau has a solid relationship with the family. All that being said, the kid has to sign with the Dodgers.
 

philduckworth

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Feb 20, 2015
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The thing is, kids are starting to realize that the best path to MLB is thru college. The stats back that up. Also, 2 years of college, reduces your time in the minors. Especially if recruit and parents feel their kid is going to be developed the right way. Also, Ginn wants to continue to swing the bat. If you have confidence in your abilities that you will be drafted again in 2 years, it make sense.
 

rynodawg

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May 29, 2007
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The fact that he’d be 21 before the 2020 draft is huge. That’s an extra chance to go 1st round, and would still have lots of leverage on the bonus. I’ll still assume for now he signs with LA, but it’s not a slam dunk decision in this case.
 

Len2003

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May 13, 2018
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I get these guys don’t make much in the minors. But if someone making $20k to $30k a year “blows through 2 million pretty quickly” then they got problems and it wouldn’t matter how much they made. I’m not saying someone wouldn’t use that $2 million to help live in a decent place but can’t see how they would go through it quickly.

Yeah, blowing through it was an overstatement. Probably they would put some of it up.

The Gene’s Page article seemed too good to be true. I don’t go on their message boards, and only read the free articles. I’ve seen some say it’s water toting.
 

maroonmania

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The thing is, kids are starting to realize that the best path to MLB is thru college. The stats back that up. Also, 2 years of college, reduces your time in the minors. Especially if recruit and parents feel their kid is going to be developed the right way. Also, Ginn wants to continue to swing the bat. If you have confidence in your abilities that you will be drafted again in 2 years, it make sense.

Besides that, life in minor league baseball sucks. You only really get one chance in life to experience your college years and play college ball. If you sign those away you can never really get them back. Even if you try to come back to college say in your mid-20s its just not the same anymore from a social standpoint.
 

maroonmania

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Feb 23, 2008
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Indiana pitching coach Bunn played on a Softball team with Ginn father ...so there is an immediate connection and relationship tie

What does that have to do with the price of eggs? I was hearing Bunn was not coming with Lemonis.
 

Philly Dawg

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Oct 6, 2012
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Boras has a history of demanding more than slot money for first round picks and sending them to college with insurance on the arm. He ultimately wants them to sign but isn’t afraid to walk away.
 

HueFreeze

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Aug 22, 2012
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nothing to do with bunn. More on the lines of someone that could speak positively of what Lemonis has been able to accomplish, how he coaches, and players he will develop, etc.

just my thinking if i was a father of a 30th round pick. I would only be trusting people that i absolutely knew i could trust about a new hire that I have never met face to face until tuesday afternoon.
bunn and ginn father have obviously had talks and a close relationship. I thought it was interesting and a positive.
 

maroonmania

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nothing to do with bunn. More on the lines of someone that could speak positively of what Lemonis has been able to accomplish, how he coaches, and players he will develop, etc.

just my thinking if i was a father of a 30th round pick. I would only be trusting people that i absolutely knew i could trust about a new hire that I have never met face to face until tuesday afternoon.
bunn and ginn father have obviously had talks and a close relationship. I thought it was interesting and a positive.

I can see that although I would think the decision on the pitching coach would be a factor. Sounds like if Bunn does indeed come there would be a pre-existing relationship there.
 
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