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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.
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