Matsuzaka: Red Sox Win w/ $51.1M Bid

[Banedon]

Getting Matsuzaka would go a long way to easing the pain of the Bears loss... :P

[A New Era]

When will we likely find out who gets him?

 

(see page #?)

[Rob]

When will we likely find out who gets him?

 

About an hour before I run out of Jack Daniels.

[CubsWin]

When will we likely find out who gets him?

 

(see page #?)

All of the bids must be made by Wednesday afternoon. After that, I don't know how long the Seibu Lions have to choose whether they will accept the top bid or not. But its going to be big, so they will likely accept it. I don't know how long after that an announcement will be made as to which team bid the highest.

[seattlecub]

i think i read somewhere that seibu would have until the 14th to decide, but i don't know whether itwould be publicized immediately

[Banedon]

When will we likely find out who gets him?

 

(see page #?)

All of the bids must be made by Wednesday afternoon. After that, I don't know how long the Seibu Lions have to choose whether they will accept the top bid or not. But its going to be big, so they will likely accept it. I don't know how long after that an announcement will be made as to which team bid the highest.

 

Crap...I hadn't read back through the thread, and somewhere I'd gotten the idea that bidding ended today.

[E.J.]

The Biz of Baseball[/url]"]It will be interesting to see if there is any validity to the speculation of tampering. This news is being heard by more than one source, so it will be interesting to see how this plays out, if indeed, tampering has occurred. One rumor is that the bids have not been sealed -- that some clubs are aware of what others are bidding. If that were the case, this will turn into a much larger story.

[CuseCubFan69]

"And the New York Knicks get the chance to draft Patrick Ewing."

[E.J.]

Tadahito Iguchi Raves about Matsuzaka

[abuck1220]

The Biz of Baseball[/url]"]It will be interesting to see if there is any validity to the speculation of tampering. This news is being heard by more than one source, so it will be interesting to see how this plays out, if indeed, tampering has occurred. One rumor is that the bids have not been sealed -- that some clubs are aware of what others are bidding. If that were the case, this will turn into a much larger story.

 

i think that's how it should be anyway. that way it's more like free agency. it's stupid that the yanks could bid $20,000,000 and could be beaten out by a cub bid of $20,000,000.02.

[goonys evil twin]

The Biz of Baseball[/url]"]It will be interesting to see if there is any validity to the speculation of tampering. This news is being heard by more than one source, so it will be interesting to see how this plays out, if indeed, tampering has occurred. One rumor is that the bids have not been sealed -- that some clubs are aware of what others are bidding. If that were the case, this will turn into a much larger story.

 

i think that's how it should be anyway. that way it's more like free agency. it's stupid that the yanks could bid $20,000,000 and could be beaten out by a cub bid of $20,000,000.02.

 

I don't see what's so stupid about that. In a sealed bid, the highest bid wins. If they were willing to bid $20,000,000.03, they should have (although they aren't going to lose by $0.02, there is probably some sort of incremental requirement). There is a problem if certain bidders get to view others' bids. The other option is for an open auction, but that doesn't even happen in regular free agency.

[radarluv1]

an open auction would do away with tampering/conspiracy theories, and might make a heck of a show. do all the japanese players in one afternoon, put it on PPV.

[abuck1220]

The Biz of Baseball[/url]"]It will be interesting to see if there is any validity to the speculation of tampering. This news is being heard by more than one source, so it will be interesting to see how this plays out, if indeed, tampering has occurred. One rumor is that the bids have not been sealed -- that some clubs are aware of what others are bidding. If that were the case, this will turn into a much larger story.

 

i think that's how it should be anyway. that way it's more like free agency. it's stupid that the yanks could bid $20,000,000 and could be beaten out by a cub bid of $20,000,000.02.

 

I don't see what's so stupid about that. In a sealed bid, the highest bid wins. If they were willing to bid $20,000,000.03, they should have (although they aren't going to lose by $0.02, there is probably some sort of incremental requirement). There is a problem if certain bidders get to view others' bids. The other option is for an open auction, but that doesn't even happen in regular free agency.

 

then why not do sealed bids for all free agents? i don't see the difference.

 

also, it would really be unfair to the cubs if they bid 30 mil to get the rights and the second highest bid was 10 mil. i'm assuming the cubs would have to pay the full 30 mil...that's not at all like free agency either.

[1908]

it would really be unfair to the cubs if they bid 30 mil to get the rights and the second highest bid was 10 mil. i'm assuming the cubs would have to pay the full 30 mil...that's not at all like free agency either.

Why is that unfair? Bid what you can afford and think he's worth. Don't bid if you don't like the system.

 

The system's designed to maximize the payout to the Japanese team, and I don't blame them for setting it up in their favor.

[1908]

then why not do sealed bids for all free agents? i don't see the difference.

Free agency is set up to favor the player, help them earn as much money as possible on the open market. The posting system is set up to favor the NPB team, help them earn as much money as possible for the player's rights. That's the difference.

[Transmogrified Tiger]

it would really be unfair to the cubs if they bid 30 mil to get the rights and the second highest bid was 10 mil. i'm assuming the cubs would have to pay the full 30 mil...that's not at all like free agency either.

Why is that unfair? Bid what you can afford and think he's worth. Don't bid if you don't like the system.

 

The system's designed to maximize the payout to the Japanese team, and I don't blame them for setting it up in their favor.

 

I don't have a problem with the system as it is, but if the idea is to maximize the payout to the Japanese team, wouldn't an open auction be a better way to do that?

[1908]

I don't have a problem with the system as it is, but if the idea is to maximize the payout to the Japanese team, wouldn't an open auction be a better way to do that?

I don't know. With an open auction, you wouldn't have the high bid be $30M and the next highest be $10M as abuck described.

[BigbadB]

I don't have a problem with the system as it is, but if the idea is to maximize the payout to the Japanese team, wouldn't an open auction be a better way to do that?

I don't know. With an open auction, you wouldn't have the high bid be $30M and the next highest be $10M as abuck described.

 

True. But, you also won't have back and forth bidding that could elevate the bid way beyond 30m. For example, if Boston doesn't want the Yankees to win the bid, they could up the bid everytime the Yankees have the top offer. If nothing else, teams could force other teams to way overpay, which in turn hurts their chances of improving elsewhere.

 

If the Yankees had the top offer of 30m, Boston could bid 31m, Yankees go to 32m, etc....

 

As successful as a lot of these Japanese players have been, it would seem like a win/win situation for the teams in Japan to have an open auction.

[abuck1220]

I don't have a problem with the system as it is, but if the idea is to maximize the payout to the Japanese team, wouldn't an open auction be a better way to do that?

I don't know. With an open auction, you wouldn't have the high bid be $30M and the next highest be $10M as abuck described.

 

i guess that's right...but it seems like, overall, both the bidders and the japanese team would benefit in most situations by having a more open system. but i obviously don't know that much about it...

[goonys evil twin]

A sealed bidding process is often used when one party wants to sell to a relatively sophisticated small number of potential bidders, who are serious about spending the money. It's a pretty efficient process that should get the job done relatively quickly. In this case, the Japanese team wants to maximize their profit of selling off one of their assets, without wasting their time with not serious bidders. The bidders are a relatively small amount of teams that actually put the effort into scouting and want to spend money on the rights to this asset. This benefits the team.

 

Free agency is set up to benefit the player specifically, and the agents try to start bidding wars by leaking numbers, while it's not necessarily in the best interest of teams to get those numbers in the open.

 

This process is fair to all. The bidding teams bid what they think the rights are worth. The team that accepts the offer does so without any supposed preconceived side deals with the bidders. Then the player has the right to accept or reject what the winning bidder offers. You can't just have an open free agency like bidding, because the player isn't a free agent.

 

I don't see why it's "stupid" that one team could lose the bid to a team that offers more.

 

If one team offers a lot more than everybody else, it's not unfair that they have to pay it.

[goonys evil twin]

I don't have a problem with the system as it is, but if the idea is to maximize the payout to the Japanese team, wouldn't an open auction be a better way to do that?

I don't know. With an open auction, you wouldn't have the high bid be $30M and the next highest be $10M as abuck described.

 

True. But, you also won't have back and forth bidding that could elevate the bid way beyond 30m. For example, if Boston doesn't want the Yankees to win the bid, they could up the bid everytime the Yankees have the top offer. If nothing else, teams could force other teams to way overpay, which in turn hurts their chances of improving elsewhere.

 

If the Yankees had the top offer of 30m, Boston could bid 31m, Yankees go to 32m, etc....

 

As successful as a lot of these Japanese players have been, it would seem like a win/win situation for the teams in Japan to have an open auction.

 

That is, until those teams go crazy in a bidding war, and end up paying way more than they originally hoped, only to then realize they have to offer less to the player once they get the rights.

 

An open bidding war increases the likelihood that a team would place a bid they weren't really willing to pay, just to block another team.

 

In this system, you pay what you are willing to pay, and have money left to pay the player.

[Guest]

The only change I'd make is to have a reputable accounting firm run the process instead of MLB.

[BigbadB]

I don't know enough about this topic to really debate it. I'm just not overly fond of the way the current process works.

[abuck1220]

A sealed bidding process is often used when one party wants to sell to a relatively sophisticated small number of potential bidders, who are serious about spending the money. It's a pretty efficient process that should get the job done relatively quickly. In this case, the Japanese team wants to maximize their profit of selling off one of their assets, without wasting their time with not serious bidders. The bidders are a relatively small amount of teams that actually put the effort into scouting and want to spend money on the rights to this asset. This benefits the team.

 

Free agency is set up to benefit the player specifically, and the agents try to start bidding wars by leaking numbers, while it's not necessarily in the best interest of teams to get those numbers in the open.

 

This process is fair to all. The bidding teams bid what they think the rights are worth. The team that accepts the offer does so without any supposed preconceived side deals with the bidders. Then the player has the right to accept or reject what the winning bidder offers. You can't just have an open free agency like bidding, because the player isn't a free agent.

 

I don't see why it's "stupid" that one team could lose the bid to a team that offers more.

 

If one team offers a lot more than everybody else, it's not unfair that they have to pay it.

 

i guess that's the difference. it kinda feels like the player gets screwed in all of this, but i guess it's similar to being traded, and i have no problem with that.

[goonys evil twin]

You can't just have an open free agency like bidding, because the player isn't a free agent.

 

 

i guess that's the difference. it kinda feels like the player gets screwed in all of this, but i guess it's similar to being traded, and i have no problem with that.

 

It is like being traded before becoming a free agent, only with the added benefit of being able to negotiate your contract once traded.

Edited November 6, 2006 by goony's evil twin