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Why did the White Sox give John Danks that weird bonus?

A couple days ago, Scott Merkin tweeted a strange feature of John Danks' five-year, $65 million contract:

Merkin followed by saying Danks is still an $8 million man on the payroll, so there's no real difference overall. But still, I can't recall ever seeing a signing bonus used in this way. Usually a bonus will be given up front to lessen the salary on the back end of the contract, but this bonus only shifts the money around over the course of one year, and rather drastically.

Thinking it through, there seem to be two conclusions.

The mystery one: In the event the 2012 White Sox are still over their budget, the delay allows Kenny Williams to extend the trade market to the deadline without any financial cost.

The sensible one: As Larry pointed out, the Los Angeles Dodgers' bankruptcy filing showed the White Sox were the fifth-largest unsecured creditor at $3.5 million. That's the same amount as the Dodgers were supposed to pay towards Juan Pierre's 2011 salary. The Dodgers are in the process of being sold -- Jan. 23 is the deadline for initial bids -- so maybe Jerry Reinsdorf is using the Danks contract as a way to balance the books for the first half of the year, expecting the Pierre payment to come in sometime during the second half.

I'm rooting for the mystery box, myself.

Star-divide

And speaking of mystery, Baseball America posted its Top 10 White Sox prospects list, as selected by Phil Rogers.

1. Addison Reed, rhp
2. Nestor Molina, rhp
3. Simon Castro, rhp
4. Trayce Thompson, of
5. Jake Petricka, rhp
6. Keenyn Walker, of
7. Jhan Marinez, rhp
8. Tyler Saladino, ss
9. Juan Silverio, 3b
10. Ozzie Martinez, ss

Unfortunately, the accompanying chat to discuss this list was delayed until next Tuesday, so we can't find out how he came to some of the interesting names in the second half of the list. Further bulletins as events warrant!

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Am I slow or was the logo changed overnight?

In any event I think we should have had a logo competition, mine would have won.

Packers Season

by OznCoop on Jan 12, 2012 7:38 AM CST reply actions  

Perhaps you forgot how adept we are here at MS Paint

The competition would’ve been stiffer than you think (twss).

by Shoeless In SC on Jan 12, 2012 7:47 AM CST up reply actions  

To light a fire under Dunn and Rios

We play on the "bad" side of town, we were supposedly cursed, and we wear black. Let's play.

by ChiSoxRox on Jan 12, 2012 12:43 PM CST via mobile up reply actions   1 recs

I thought it was an empty ice cream cone. It made me sad.

"They're a dead team walkin'." - Joe Cowley commentary on the Sox 2012 rebuilding year (WSCR interview, 12/7/11)

by tailgater on Jan 12, 2012 1:41 PM CST up reply actions   1 recs

Your sensible explanation makes more sense than my assumption

I figured there was some kind of vague, mysterious, tax benefit to one side or the other. But there was no real rhyme or reason to that, the Dodger thing is at least tied to something real.

by Titan52 on Jan 12, 2012 8:44 AM CST reply actions  

larry, if you re-worked your prospect list now...

would there be any changes? Assume at least Castro would be somewhere in the top-5. Any other changes?

by polodude017 on Jan 12, 2012 9:22 AM CST reply actions  

Magnificent

What?! I ain't no Professor Pickles!

by 67WMAQ on Jan 12, 2012 9:32 AM CST up reply actions  

this is great

and could only be topped if BONUS was changed to BONER

"Statistics are about as interesting as first base coaches" Jim Bouton

by Grinder Rule #42 on Jan 12, 2012 12:00 PM CST up reply actions   2 recs

Streets behind.

"I considered throwing a volley, but since I'm considerably closer to Ford City than Dodge City, I figure it might have been misinterpreted."

by RWShow on Jan 12, 2012 2:18 PM CST up reply actions   1 recs

I assumed the mystery box, but I didn't know the Pierre contract details.

It seems like a smart way to test the competitiveness of the current roster until the trade deadline and trade away the second half contracts if they are not competitive. They can look at the April and May attendance and decide if they want to pay Floyd and Thornton in August and September.

Why buy the cow when the milk is kinda bitchy?

by SkanchoDanza on Jan 12, 2012 9:34 AM CST reply actions  

Imagine proposing this to Danks agent

“hey, uhhh, we could use a favor,”

It came from afar and traveled sedately on, a shrug of eternity

by Rhubarb on Jan 12, 2012 9:42 AM CST reply actions  

Is Jordan still in the org?

I think he’s got a job for life now.

I heard Kenny Williams has just started interviewing him for hitting coach in 2020.

by son_of_sophist on Jan 12, 2012 11:34 AM CST reply actions  

Is Jordan still in the org?

I think he’s got a job for life now.

I heard Kenny Williams has just started interviewing him for hitting coach in 2020.

by son_of_sophist on Jan 12, 2012 11:34 AM CST reply actions  

What I find even weirder

is that the Sox are still on the hook for at least $38 million for Alex Rios.

"They're a dead team walkin'." - Joe Cowley commentary on the Sox 2012 rebuilding year (WSCR interview, 12/7/11)

by tailgater on Jan 12, 2012 11:47 AM CST reply actions  

.

"Statistics are about as interesting as first base coaches" Jim Bouton

by Grinder Rule #42 on Jan 12, 2012 12:15 PM CST reply actions   1 recs

She appears to be a blonde, actually.

"They're a dead team walkin'." - Joe Cowley commentary on the Sox 2012 rebuilding year (WSCR interview, 12/7/11)

by tailgater on Jan 12, 2012 1:26 PM CST up reply actions  

Are you ready Weaver?

Do you take the Red Snapper or do you go for what’s in the box?

Well, boys, it's a round ball and a round bat and you got to hit the ball square. ~Joe Schultz, 1969

by zevsenesca on Jan 12, 2012 1:15 PM CST up reply actions  

I love that scene

pretty much that whole movie, actually.

It’s taken years of practice to be such an asshole.
by Chiburb on Jun 1, 2010 10:35 AM PDT

by rhythm on Jan 12, 2012 2:46 PM CST up reply actions  

Damnit-

I just checked FB and got a message from a friend with an 800# and a pin to get in on the season ticket holder chat with Coop, Danks and a few others.

Anyone else do this today?

by South Side Expat on Jan 12, 2012 3:40 PM CST reply actions  

I wanted to, but had a meeting.

"Many people need desperately to receive this message: 'I feel and think much as you do, care about many of the things you care about, although most people do not care about them. You are not alone.'"

by U-God on Jan 12, 2012 4:05 PM CST up reply actions  

Only when in Illinois.

"Many people need desperately to receive this message: 'I feel and think much as you do, care about many of the things you care about, although most people do not care about them. You are not alone.'"

by U-God on Jan 12, 2012 4:11 PM CST up reply actions  

How are you not excited that we're only a bit over a month away from pitchers and catchers reporting?

"Many people need desperately to receive this message: 'I feel and think much as you do, care about many of the things you care about, although most people do not care about them. You are not alone.'"

by U-God on Jan 12, 2012 4:21 PM CST up reply actions  

Whatever you say.

"Many people need desperately to receive this message: 'I feel and think much as you do, care about many of the things you care about, although most people do not care about them. You are not alone.'"

by U-God on Jan 12, 2012 4:51 PM CST up reply actions  

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