{"id":46206,"date":"2018-09-12T22:56:09","date_gmt":"2018-09-13T02:56:09","guid":{"rendered":"http:\/\/totfc.net\/?p=46206"},"modified":"2020-08-08T22:56:55","modified_gmt":"2020-08-09T02:56:55","slug":"the-unintentional-greatness-of-opt-out-clauses","status":"publish","type":"post","link":"https:\/\/totfc.net\/?p=46206","title":{"rendered":"The unintentional greatness of opt-out clauses"},"content":{"rendered":"<p><span style=\"font-family: Lora; font-size: 12pt;\"><img loading=\"lazy\" decoding=\"async\" class=\"border-image alignnone wp-image-46207 size-full\" src=\"http:\/\/totfc.net\/wp-content\/uploads\/2020\/08\/price_owned.jpg\" alt=\"\" width=\"510\" height=\"287\" srcset=\"https:\/\/totfc.net\/wp-content\/uploads\/2020\/08\/price_owned.jpg 510w, https:\/\/totfc.net\/wp-content\/uploads\/2020\/08\/price_owned-300x169.jpg 300w\" sizes=\"auto, (max-width: 510px) 100vw, 510px\" \/><\/span><\/p>\n<p><span style=\"font-family: Lora; font-size: 12pt;\">When the day is over, I\u2019m not really a fan of opt-out clauses in sports contract.\u00a0 They\u2019re like slimy, sleazy trap doors out of contracts that professionals can claim they\u2019re really going to commit to a team for seven years, but dude-bail after two years or five years, or whenever they\u2019ve negotiated to have an opt-out available to them.\u00a0 It\u2019s like being in a fucked-up relationship where the dude is allowed to leave after the second year scot-free, but if they pass up on that escape window, then they\u2019re locked in for the long haul.<\/span><\/p>\n<p><span style=\"font-family: Lora; font-size: 12pt;\">More often than not, we\u2019ve seen classic examples of guys who sign 7-10 year deals, with opt-out clauses after like three years; where the fans think they\u2019ll have a guy for 7-10 years, they\u2019re all stoked to see him play out of his mind in year three, put up career best numbers, lead their teams deep into playoffs\u2026 and then opt the fuck out of their contracts, and then put a gun to their teams\u2019 heads and stick them up for another lucrative long-term contract, lest they become free agents and jump to whomever else would be willing to instead.\u00a0<\/span><\/p>\n<p><span style=\"font-family: Lora; font-size: 12pt;\">Off the top of my head, <a href=\"http:\/\/www.espn.com\/mlb\/news\/story?id=3084583\">Alex Rodriguez<\/a> and <a href=\"http:\/\/www.espn.com\/new-york\/mlb\/story\/_\/id\/7175711\/new-york-yankees-cc-sabathia-reach-five-year-122m-deal\">CC Sabathia<\/a> are prime examples of guys who have successfully parlayed the opt-out clause to perfection and bilked the New York Yankees out of more money than their original Yankee contracts were originally worth.\u00a0 LeBron James is a perfect <a href=\"https:\/\/www.cbssports.com\/nba\/news\/lebron-james-opts-out-of-cavaliers-contract-and-hits-nba-free-agency-report-says\/\">recent example<\/a> of a guy who has not only opted out this year, but has done it twice now, opting out of the contract he had with the Miami Heat to escape back to Cleveland, and then now opting out of his deal with the Cavaliers to go to Los Angeles.<\/span><\/p>\n<p><span style=\"font-family: Lora; font-size: 12pt;\">On the flip side, there\u2019s the hilarious example of Dwyane Wade, who <a href=\"https:\/\/www.sbnation.com\/nba\/2015\/6\/29\/8861637\/dwyane-wade-opt-out-contract-miami-heat\">opted out of a guaranteed $16 million<\/a> for one year with the Miami Heat, only to discover that nobody wanted him, and then came crawling back to the Heat, where he had to sign for two more years in order to get than $16 million back.<\/span><\/p>\n<p><span style=\"font-family: Lora; font-size: 12pt;\">And that\u2019s where we get a glimpse of the unintentional greatness of the opt-out clause, because every now and then it provides the opportunity for overpaid babies we know as professional athletes to get owned.\u00a0 And there are fewer things I take a sadistic pleasure out of seeing than professional athletes getting owned financially.<\/span><\/p>\n<p><!--more--><\/p>\n<p><span style=\"font-family: Lora; font-size: 12pt;\">I saw on the ticker of NFL Ocho AKA ESPN, that David Price has stated that he has <a href=\"https:\/\/www.cbssports.com\/mlb\/news\/red-soxs-david-price-has-no-plans-to-opt-out-but-will-clayton-kershaw-and-others-with-opt-out-clauses-do-the-same\/\">no intention of opting out<\/a> of his current deal with the Boston Red Sox.\u00a0 Upon further research into this story, there\u2019s a lot of macho rhetoric and rationale to why he doesn\u2019t plan on opting out, but the writing between the lines clearly reads that, he doesn\u2019t believe anyone in baseball is going to perceive him as someone worth more than $127 million dollars, the money he\u2019s still contractually obligated to from Boston, over the next four years.<\/span><\/p>\n<p><span style=\"font-family: Lora; font-size: 12pt;\">Boil it down even further, and David Price not opting out is basically David Price admitting that he\u2019s in the decline phase of his playing career, and it\u2019s way too risky to walk away from a guaranteed $127 million, and no sure bet that he\u2019ll get that much on the open market.<\/span><\/p>\n<p><span style=\"font-family: Lora; font-size: 12pt;\">Render <em>that<\/em> even further, and it\u2019s basically David Price saying \u201cI suck.\u201d<\/span><\/p>\n<p><span style=\"font-family: Lora; font-size: 12pt;\">Granted, the impetus to stay put is no stronger than it\u2019s ever been now, considering the absolute beating that free agents took this past baseball season\u2019s offseason, where guys like Mike Moustakas <a href=\"https:\/\/www.cbssports.com\/mlb\/news\/mlb-hot-stove-royals-and-mike-moustakas-reportedly-working-on-short-term-deal\/\">got obliterated<\/a> on the financial front, getting low-balled the shit out of because baseball teams collectively put their foot down and refused to sign absurd long-term deals with just anyone like they typically have done in the past.<\/span><\/p>\n<p><span style=\"font-family: Lora; font-size: 12pt;\">But at the same time, truly elite talent, like Clayton Kershaw won\u2019t blink twice when he will very likely opt-out of his deal with the Dodgers, likely only to re-sign a new contract with the Dodgers for more years and more money.\u00a0 Because he\u2019s Clayton Kershaw, basically the best pitcher in baseball for the better part of the last decade.<\/span><\/p>\n<p><span style=\"font-family: Lora; font-size: 12pt;\">The thing is, it\u2019s not just David Price who\u2019s in the boat of self-reflection and pride swallowing this coming off-season.\u00a0 The aforementioned link to David Price also details a list of players with opt-out clauses this winter, and whether or not it\u2019s a good idea for them to opt-out or not.\u00a0 And I think they hit the nail on the head with all of their assessments, with Kershaw the only sure-fire lock to opt-out and succeed at getting a bigger deal out of it.<\/span><\/p>\n<p><span style=\"font-family: Lora; font-size: 12pt;\">However, as for guys like David Price, Jason Heyward and Mark Melancon\u2026 opting IN to their existing deals seems like no-brainers.\u00a0 But by doing such, they\u2019re passively agreeing to their rapidly declining skills and the notion that they\u2019re simply not good enough to command more money than they\u2019re contractually obligated to currently, and by surrendering to the opt-in, they\u2019re all collectively agreeing, \u201cwe suck.\u201d<\/span><\/p>\n<p><span style=\"font-family: Lora; font-size: 12pt;\">And that\u2019s the unintentional great thing about opt-out clauses.\u00a0 Owned.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>When the day is over, I\u2019m not really a fan of opt-out clauses in sports contract.\u00a0 They\u2019re like slimy, sleazy trap doors out of contracts that professionals can claim they\u2019re really going to commit to a team for seven years, but dude-bail after two years or five years, or whenever they\u2019ve negotiated to have an &hellip; <a href=\"https:\/\/totfc.net\/?p=46206\" class=\"more-link\">Continue reading <span class=\"screen-reader-text\">The unintentional greatness of opt-out clauses<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[62,79,45,52,91,58],"class_list":["post-46206","post","type-post","status-publish","format-standard","hentry","category-brog","tag-baseball","tag-cashmoney","tag-fail","tag-owned","tag-pf","tag-sports"],"_links":{"self":[{"href":"https:\/\/totfc.net\/index.php?rest_route=\/wp\/v2\/posts\/46206","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/totfc.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/totfc.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/totfc.net\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/totfc.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=46206"}],"version-history":[{"count":1,"href":"https:\/\/totfc.net\/index.php?rest_route=\/wp\/v2\/posts\/46206\/revisions"}],"predecessor-version":[{"id":46208,"href":"https:\/\/totfc.net\/index.php?rest_route=\/wp\/v2\/posts\/46206\/revisions\/46208"}],"wp:attachment":[{"href":"https:\/\/totfc.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=46206"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/totfc.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=46206"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/totfc.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=46206"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}