Go to end of page
Statements posted here are those of our readers and do not represent the BaseballThinkFactory. Names are provided by the poster and are not verified. We ask that posters follow our submission policy. Please report any inappropriate comments.
the decision to spend on Wells, even if prompted by injuries, means that they had a little wiggle room in the payroll the whole time.
This year, yes. But the fact that Wells costs $0 next year changes everything.
The Pierzynski miss is the baffling one.
Gaping hole at C, and a C who hit 27 HRs with a 118 wRC+ signs for 1/7.5. How do the Yankees not offer 1/9 or 1/10?
You'd have to think a LH like Pierzynski would enjoy hitting in DNYS.
So nobody thinks Cervelli is a notch above replacement level?
And that's a huge mistake. Most internet Yankee fans thought so at the time, and now it's glaring.
This is a C projected to 2.4-2.7 WAR
Reggie was, like, a million years ago. I thought the other guys were reasonably well-liked in the clubhouse. And geez, most of them are all-time greats, comparing even their personalities to Pierzynski's is only going to make him look worse.
Not that I disagree with AJ being a jerk... but wasn't his jerkiness more generally being confined to being hated in every clubhouse he WASN'T a part of?
Those sound like names that are generated after you have been playing a manager sim for a long time.
[Russell] Martin... told the Yankees he was willing to accept a one-year contract in the $9 million to $10 million range, according to two major-league sources. When the Yankees balked, he agreed to a two-year, $17 million deal with the Pirates...
Under the terms of the trade, the Yankees will be obligated to pay $13.9 million of [Vernon] Wells’ remaining $42 million obligation over the next two seasons, with the Angels covering the rest, according to reports.
Of that $13.9 million, the Yankees will pay Wells $11.5 million in ’13 and $2.4 million in ‘14, an accounting maneuver enabling them to face a zero tax charge in ’14, sources say.
Here’s how it all works:
The actual cost of Wells to the Yankees this season will be not $11.5 million, but $17.25 million; the Yankees again will be over the luxury-tax threshold, taxed at a rate of 50 percent. But the WBC’s insurance on [Mark] Teixeira will help reduce that burden.
If Teixeira misses at least two months with a torn tendon sheath in his right wrist, as now appears likely, the Yankees will get back about $7.5 million in insurance. For each additional month – and a longer absence by Texeira is possible – the team would receive about $3.75 million.
As for that additional $2.4 million that the Yankees will owe Wells in ’14, it indeed will not count against their luxury-tax payroll, for reasons that are a bit complicated.
Wells’ salary in 2014 will be $21 million, just as it this season. But his luxury-tax charge, calculated from the average annual value of his long-term contract, is about $16.4 million. Most media outlets reported the Jays’ original extension with Wells as seven years, $126 million. But the team, according to a source, actually reported the deal to baseball as eight years, $131.6 million, lowering Wells’ luxury-tax number.
Now, with the Angels covering $18.6 million of Wells’ $21 million in ’14, the Yankees actually will receive a sum greater than his luxury-tax charge. The Yankees then could get a “credit” of more than $2 million on their luxury-tax payroll, though whether the labor agreement allows them to actually receive such a benefit is unclear.
One source said no, that they would simply be charged $0. But the Yankees, other sources say, apparently thought otherwise, and were trying to arrange for a credit in their final discussions with the Angels.
Either way, Wells will not impact the Yankees’ ’14 payroll for luxury-tax purposes.
On a related note, the Yankees apparently have players named "Melky Mesa" and "Zoilo Almonte".
Martin... told the Yankees he was willing to accept a one-year contract in the $9 million to $10 million range,
The actual cost of Wells to the Yankees this season will be not $11.5 million, but $17.25 million;
Cashman is smoking more than just the objective pipe.
You must be Registered and Logged In to post comments.
Login to Join (1 members)
Page rendered in 0.5621 seconds, 60 querie(s) executed