View Single Post
Old 10-17-2022, 01:02 PM   #16
Leo_The_Lip
All Star Starter
 
Leo_The_Lip's Avatar
 
Join Date: Nov 2009
Posts: 1,799
Quote:
Originally Posted by Syd Thrift View Post
I mean, these didn't exactly go away. Bobby Bonilla's buyout was essentially also a Dolgoff Plan - the Mets put the money in a kitty. let it grow on its own, and paid Bonilla a lot less over time than if he'd have just kept onto the original contract and invested himself (well, at least that was the idea before 2008). If they don't happen anymore I think it's mostly because they look way more spendy than they really are and also ever since the Great Recession the world economy just doesn't grow the way that it used to.
Thanks for reading all this, Syd. I'm not close to being done with all this, and hope to show you that this is no Dolgoff Plan and, in fact, caused the IRS and SEC to change the world for Big Business--thus creating an impact on far more than baseball or the rest of the sporting life.
__________________
"My name will live forever" - Anonymous
Leo_The_Lip is offline   Reply With Quote