After 10 years former INDIANS 2B Jason Kipnis * RETIRES * from ★ MLB. How about that, ? dirtbag is gone.

mjp28

Jason did okay in his 9 years with Cleveland and one with Chicago :

SEASONS	TEAM		SALARY	SIGNING BONUS	INCENTIVE	TOTAL CASH
10 seasons			$52,905,500	$1,575,000	-	$54,480,500
1 seasons			$370,370	-	-	$370,370

* denotes deferred payment

mjp28

I'm always thinking about the $ and cents of things and I'm pretty sure that the "JK kid" has put away $5 or $10 M for his retirement.

I'm much more aware of the somewhat lucrative NFL pensions but I've looked around what JK should be eligible for here's some thoughts. For any professional athlete actually hit a 10+ year pension it is a big deal.

Question : How much is a 10 year MLB pension?

Like all baseball facts and statistics, the $90,000 maximum pension does need to be put into perspective. For a player to receive this sum at retirement, he must have had active service during or after the 1970 season, have had ten years of playing time, and wait to draw his pension at age 62. To me that's peanuts compared to a like NFL 10 year pension.

But it isn't bad compared to an average working stiff out there. Also I did not check out any medical benefits. Plus also getting a Social Security pension, PERS or any other benefits.

I'm sure Jason and his family should do just fine.

mjp28

And a more in the murky waters of the MLB pensions here's a little more.

Mlb (MLB ?) Players Pension Plan

The Major League Baseball Players Association is the collective bargaining representative for all professional baseball players of the thirty Major League Baseball teams and serves as the exclusive group licensing agent for commercial and licensing activities involving active Major League baseball players. It is headquartered in New York City. The Major League Baseball Players Association was formed in 1954 and is the oldest professional sports union in the United States. The association was formed to protect the rights of professional baseball players, to negotiate the terms of their employment, and to ensure that they are treated fairly by their teams and by the league. The Major League Baseball Players Association is a voluntary association, and all players are free to choose whether or not to join. The Major League Baseball Players Association is the only professional sports union in the United States that does not have a pension plan for its members. Instead, the union has a retirement plan, which is a defined contribution plan that is funded by the players themselves, through their salaries. The retirement plan is not a pension plan, and it does not provide a guaranteed income in retirement. The retirement plan is designed to provide a supplement to the players’ Major League Baseball pensions, which are the primary source of income for retired players.

Dutch Oven

@mjp28 said:

Is it just me or did it seem that Jason Kipnis' 10 years just seem like it went by way too quickly ?

And he only played for 1 year in Chicago. Hmmmm.

Enjoy your retirement Kip.

I was somewhat shocked to hear he played in Cleveland that long.

Time flies.

mjp28

@dutch-oven said:

I was somewhat shocked to hear he played in Cleveland that long.

Time flies.

IT SURE DOES !

Every once in awhile I go back and look at and clean up and out old posts and etcetera and run across a thread like this. I wonder what Kip is uo to ? Fishing on Lake Michigan ? Still in baseball ? Hmmmmm. I do enjoy retirement tonight cheeseburgers on the grill, watching the Guardians exciting huh. ?

ballpeen

@mjp28 said:

I'm always thinking about the $ and cents of things and I'm pretty sure that the  "JK kid" has put away  $5 or $10 M  for his retirement.

I'm much more aware of the somewhat  lucrative NFL pensions but I've looked around what JK should be eligible for here's some thoughts. For  any  professional athlete actually hit a 10+ year pension it is a big deal.

Question :  How much is a 10 year MLB pension?

Like all baseball facts and statistics, the $90,000 maximum pension does need to be put into perspective. For a player to receive this sum at retirement, he must have had active service during or after the 1970 season, have had ten years of playing time, and wait to draw his pension at age 62. To me that's peanuts compared to a like NFL 10 year pension.

But it isn't bad compared to an average working stiff out there. Also I did not check out any medical benefits. Plus also getting a Social Security pension, PERS or any other benefits.

I'm sure Jason and his family should do just fine.

Hard to say. It depends on the person and the type of counsel he received from his agent.

In round number, after taxes you are working with 37 mil...not a small sum. One would hope that financial planning was a part of the package.

mjp28

@ballpeen said:

Hard to say. It depends on the person and the type of counsel he received from his agent.

In round number, after taxes you are working with 37 mil...not a small sum. One would hope that financial planning was a part of the package.

True.

I don't think JK will be selling pencils outside of GATE C that is for sure.

FairHooker11

Kipnis is filling in for Hamilton on radio this weekend til Labor day,

when Hamilton will be back for the call against the Twins.

Much better to have him (dirt bag) in the booth for his take on players and pitch strategies

than when Rosenhaus was solo for the Twins a few days earlier...

I think theres a future in it for him.

mjp28

I occasionally go back and read some threads, this one caught my attention again.

Ol' dirtbag actually retired at that magic 10 year number. Good for him, I always likened Kipnis to our "Charlie Hustle" always digging it out and definitely getting dirty.

..... Kipnis has been nicknamed "Dirtbag", since he is prone to getting his uniform dirty during the course of a game. Former Indians manager Manny Acta affectionately used the term when speaking about Kipnis in public.......

If you go back and look Kip always put up some good numbers for the Cleveland INDIANS.

Enjoy your retirement Kip, you earned it !

Dirtbag pic, below.

mjp28

Kipnis has an interesting BIO this also caught my eye on him prior to making the bigs.

He joined the AAA Columbus Clippers for their playoffs. Kipnis batted .455 in five games, and hit for the cycle on September 17 in the Clippers’ victory that clinched the International League title. His big game was voted second in the 2010 Fans Choice "Best Game" Minor League Baseball Yearly Awards. Veteran catcher Luke Carlin said:

They bring up Kipnis from Akron, and we look at this little guy and say, 'Where did he come from, and what is he doing here?' We were teasing him, and all he does is go out and hit about a million. I mean, here's this little infielder and they put him in the fifth spot ... What's that about? He goes out and hits for the cycle.^[4]

For 2010, Kipnis led the Indians minor league system in hits (159) and runs (96). He finished tied for third in triples (8), fourth in doubles (32), and tied for fifth in both home runs (16) and RBIs (74). He batted a combined .313. He was named the Indians' 2010 Minor League Player of the Year (the "Lou Boudreau Award"), and was named a 2010 Baseball America Minor League All-Star.

..... and later the Cleveland best prospect in their system..... He didn't disappoint.