Does this mean he will be able to sign a free agent deal instead of going thru the draft and being tied to slot money?
Not many 19 year olds are ready to live 7,000 miles from home in a country where you do not speak the language. I hope this kid makes it to the MLB, but things aren’t trending that way.
I’m afraid he will look back 20 years down the line on whoever is giving him advice with a lot of resentment.
I admittedly don’t understand much about how the whole MLB drafting/signing process works, but if he wasn’t going to accept the Braves’ deal, I’m still a little baffled as to why he seemed to be so adamantly against coming to State. I mean, yeah... school’s not for everyone, but most ball player don’t exactly come to challenge to take thermodynamics. Seems like a big waste of time and money to have done what he did
He was not adamant against coming to State specifically. He was just adamant against coming to any 4-year school because he would have to wait 3 years before making money. MSU was his fall back if he had a severe injury or downgrading of his stock before the draft. Since that didn’t happen, he gambled that he would be able to get his “correct” amount in the 2019 draft. That gamble doesn’t look like its going to pay off, but he’s still going to get paid a decent amount a lot sooner than he would if he was a junior coming out.
Also, he’s currently rated as the #59 overall prospect in 2019, and that slot value is about $1.2 million. So he could theoretically only lose out on about $800k, which isn’t great for him, but is still possibly better than if he waited 3 years (could have gotten injured or generally not been effective and have his stock drop). He could also have a team pay above slot, or draft him higher and pay whatever that slot is and he would be closer to that $2 million he turned down last year.
College and studying is not for everyone.
You do understand that he went to JC instead of the Braves, right?
Signed with a Japanese team.
Who's advising this kid?
If he gets half of that guaranteed over 10 years that’s still pretty damn good.
$7 million per year, someone who is pretty damn smart..
https://sports.yahoo.com/american-draft-prospect-carter-stewart-142105193.html
Definitely should have taken the Braves offer, and I said so at the time. The Braves cut that offer for a reason. They would have cut it a lot more than that if they could without losing their compensatory pick. That was more money than he was ever likely to get later. Not many people can say they made a $2,000,000 mistake. But he did.
Now that the facts are trickling in are you still patting yourself on the back?
Are you studying to become a certified agent?
You are now free to CYA with he has to move to Japan.
The Japanese League has his rights for 10 years, not sure if that's how long the contract is for.
Not necessarily. Income tax rate over there is almost 56% for ALL income, not gradually bracketed like it is in the US. $3.5 million would turn into about $1.54 million. That would be not too far off from what he turned down from the Braves last year. He still comes out way ahead at $7 million though.
6 year $7 million. Good for him. I didn't think he'd come close to that. I need his advisor...
I didn’t say it was as good as $2M.
I said it was pretty good.
Would you go to Japan and play baseball for 10 years at $154,000 a year after taxes?
I know I would.
#MeLoveYouLongTime