Monday, May 13, 2013
Young stars driving Cubs' plans
By Jon Greenberg
CHICAGO -- After Starlin Castro signed his “young money” deal last year, he went out and bought a $250,000 Rolls-Royce Ghost.
Even Alfonso Soriano, who collects luxury automobiles like a beachcomber collects sea shells, told his protege that was a youthful mistake.
“I didn’t agree with Starlin, but he’s different,” Soriano said Monday in the Chicago Cubs clubhouse. “I talked to him and said it’s better to save money and not have a nice car, and then buy a nice car when you have money in the bank.”
So Soriano’s advice to Anthony Rizzo, who just signed a seven-year deal that guarantees him $41 million is simple. Don’t buy the Rolls just yet. Wait until you’re old and rich like him.
“He’s smart and he knows it’s more important to save money, because nothing is guaranteed in this life,” Soriano said. “A baseball career is not too long. A lot of people retire at 35 or 40 years old and they want to live another 35 years and they don’t work anymore. So they have to save money for the future.”
The Cubs certainly followed Soriano's sound financial advice, saving money later by giving up a little more now. And Rizzo and Castro each gave up some money in the future to get paid in the present. It’s the way of the world in baseball and it’s truly a win-win. Given that the Cubs are the Cubs, two wins are pretty valuable no matter how you get them. So fly that W flag, Theo Epstein!
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