Moore need not pinch pennies
I was wondering about Matt Moore's new contract with the Rays. Specifically, how much the kid gets to keep (after agent, taxes, etc. — the bottom line).
Matt Moore, the 22-year-old left-handed pitcher for the Tampa Bay Rays, signed a deal that will pay him a minimum of $14 million over the next five years, and could pay him as much as $40 million over eight.
Here's how it breaks down, according to Marc Topkin, who covers the Rays for the Times: Moore will receive a $500,000 signing bonus then salaries of $1 million in 2012, '13 and '14; $3 million in 2015, $5 million in 2016, and a $7 million option (or a $2.5 million buyout) in 2017 during his arbitration years; and a $9.5 million option (or $1 million buyout) in 2018 and $10 million (or $750,000 buyout) in 2019 to cover his first two years of free agency.
The deal is similar to the one third baseman Evan Longoria signed in 2008, which guaranteed him a minimum of $18 million over six years, but as much as $45 million if the club exercises its options on him in years 7, 8 and 9. At the time Longoria also was 22 and had played a handful of games in the majors. Moore has thrown 19.1 innings in the majors — 9.1 in the regular season and 10 in the playoffs.
There's no way to know how much money Moore will get after paying his agent and taxes, among other things. Most major leaguers who come into this kind of money try to shelter some of the income, buy a home and do other things to try to lessen the tax burden.
We can tell you that most Major League Baseball agents charge between 3 and 5 percent of a contract, according to the organization Sports Management Worldwide. That would put Moore's agent, Matt Sosnick, in line to earn somewhere between $420,000 and $2 million over the length of the deal.
That's peanuts compared to the payday for Albert Pujols' agent, Dan Lozano. Pujols signed a 10-year, $254 million deal with the Anaheim Angels, which mean Lozano could earn between $7 million and almost $13 million.
Groups make Toys for Tots lists
How are the toys collected by the Toys for Tots campaign distributed?
Toys for Tots is a program of the U.S. Marine Corps Reserve. According to its website (toysfortots.org), the organization begins local collection campaigns in all 50 states in October. Donors drop new, unwrapped toys in collection boxes, and coordinators pick up the toys and deliver to warehouses, where they are sorted for gender and age. Social welfare agencies are consulted to create a list of needy children. On, Dec. 23 and 24, coordinators work with social welfare agencies, local business leaders, church groups and other community groups to distribute the toys to those children on the lists.