Baseball for the Thinking Fan

Login | Register | Feedback

btf_logo

News

All News | Prime News

Old-School Newsstand


Contributors

Jim Furtado
Founder & Publisher
Repoz
Editor - Baseball Primer

Syndicate

Luxury Tax Newsbeat

Thursday, October 03, 2019

Astros’ owner says Houston might ‘make a run at’ re-signing Gerrit Cole, but there’s a catch

The Houston Astros won’t know who they’re playing in the American League Divisional Series until after Wednesday night’s AL Wild Card Game between the Tampa Bay Rays and Oakland Athletics. Still, that didn’t stop Astros owner Jim Crane from looking into the future—as in, to the winter—on Monday by addressing right-handed starter Gerrit Cole’s impending free agency.

Crane even went so far as to concede the Astros might “make a run” at retaining Cole. Here’s more, courtesy of Chandler Rome of the Houston Chronicle:

“We’ll see where we end up after the year. We may make a run at it. We’re not sure yet,” Crane said. “We’re going to wait and see what else unfolds and who else is going to stay on the team.

Now, before Astros fans rush out to buy Cole shirseys, it’s worth noting that Crane’s proclamation came with a caveat: that he’d prefer to remain under the luxury tax threshold—or, to be straightforward, he’d prefer to avoid paying overage penalties.

Another entry to add to this pile- I hope you don’t mind work stoppages, because I have a bad feeling that’s what’s coming when the CBA is up next….

 

QLE Posted: October 03, 2019 at 12:06 AM | 36 comment(s)
  Beats: cheap owners, gerrit cole, luxury tax

Thursday, September 19, 2019

Reversal of Fortune: Rusney Castillo’s Megadeal With Red Sox Traps Him in Minors

Seven miles north of Fenway Park, Rusney Castillo slides into the driver’s seat of his rented black Maserati Ghibli. It’s 7 1/2 hours before first pitch, but Castillo has learned the rhythms of game days in the U.S. after the Red Sox signed him to a seven-year, $72.5 million deal in 2014. Playing for his hometown Ciego de Ávila Tigres of the Cuban league, the outfielder would show up an hour before the game. Now he tries to beat his teammates to the park.

Dressed head to toe in Nike gear and wearing a gold chain with his diamond-encrusted initials, he wheels from the garage of his apartment building onto Route 1 toward Boston. Then, 10 minutes later, he drives past the exit for Fenway Park.

If he made less money, perhaps Castillo would turn off there. But due to a rule that confuses even Castillo, the Red Sox are paying him so much that he can’t play for them. So he continues along I-93 and then I-95 on his 50-mile commute to Pawtucket, R.I., home of the Triple A Red Sox. The highest-paid player in the minor leagues has made this drive more than 200 times, over five years. He knows he will make it another 70 or so in 2020, the final year of his contract. But he keeps his three-bedroom apartment in Boston because he believes that he belongs there—and that someday he will play there.

In August, Castillo won his second straight PawSox MVP award. In the four seasons since his last demotion, he has batted .294 and slugged .429. Manager Billy McMillon regularly advocates for the 32-year-old Castillo when he speaks to the player development officials. But no matter how well he performs, he will remain at McCoy Stadium, ensnared by a tax loophole no one could have foreseen. Through an interpreter Castillo explains matter-of-factly, “Anybody can [hope to] be called up but me.”

The more and more I hear about the current CBA and its details, the more and more I suspect that things won’t go well the next time it comes up for renewal….

QLE Posted: September 19, 2019 at 12:37 AM | 0 comment(s)
  Beats: cba, luxury tax, red sox, rusney castillo

Sunday, September 15, 2019

Red Sox on track for $13M luxury tax despite mediocre record

NEW YORK (AP) — The Boston Red Sox are on track to pay a $13.05 million luxury tax for a season in which they are likely to miss the playoffs.

The World Series champions’ payroll for purposes of the tax increased from $239.7 million on opening day to $242.8 million on Aug. 31, according to calculations by the commissioner’s office obtained by The Associated Press. That is well over the $206 million threshold where the tax begins.

As of opening day, the Red Sox were projected for an $11.76 million tax.

Boston entered Saturday with a 77-70 record, 8½ games out for the second AL wild card with 15 games remaining. The Red Sox fired president of baseball operations Dave Dombrowski last weekend.

Sometimes, it’s nice to have a reminder that one can’t always buy one’s way to a pennant…..

 

QLE Posted: September 15, 2019 at 12:28 AM | 16 comment(s)
  Beats: luxury tax, red sox

 

 

News

All News | Prime News

Old-School Newsstand


BBTF Partner

Dynasty League Baseball

Support BBTF

donate

Thanks to
Harveys Wallbangers
for his generous support.

Bookmarks

You must be logged in to view your Bookmarks.

Hot Topics

NewsblogRags to riches: MLB to open NYC retail store at new offices
(16 - 12:43pm, Oct 15)
Last: bob gee

NewsblogPrimer Dugout (and link of the day) 10-15-2019
(4 - 12:42pm, Oct 15)
Last: crict

NewsblogThe 'purge' Mets' Brodie Van Wagenen, other GMs should fear
(6 - 12:42pm, Oct 15)
Last: JJ1986

NewsblogCarlos Beltran only considering Mets manager job, declined interviews with Cubs, Padres, per report
(16 - 12:36pm, Oct 15)
Last: jmurph

NewsblogDodgers to reassign pitching coach Rick Honeycutt, Mark Prior to take over
(16 - 12:27pm, Oct 15)
Last: Never Give an Inge (Dave)

NewsblogWhy Carlos Correa's walk-off homer was even more special for a Houston teen battling cancer
(9 - 12:25pm, Oct 15)
Last: What did Billy Ripken have against ElRoy Face?

NewsblogChampionship Series OMNICHATTER!
(552 - 12:12pm, Oct 15)
Last: rconn23

NewsblogCards’ front office says playoff baseballs have lost juice
(13 - 12:06pm, Oct 15)
Last: My name is Votto, and I love to get blotto

NewsblogMLB rumors: Giants to interview ex-Phillies skipper Gabe Kapler for open managerial position
(31 - 11:40am, Oct 15)
Last: jacksone (AKA It's OK...)

NewsblogReport: Phillies to interview Dusty Baker for managerial position
(30 - 11:07am, Oct 15)
Last: Greg Pope

NewsblogYankees, Astros plan all relievers in ALCS Game 4 vs. Astros
(13 - 11:06am, Oct 15)
Last: GeoffB

NewsblogOT - NBA thread (pre-season)
(470 - 10:07am, Oct 15)
Last: The Good Face

NewsblogMatt Williams To Manage KBO’s KIA Tigers
(4 - 9:52am, Oct 15)
Last: jmurph

NewsblogSeveral errors led Phillies to this point, and one excuse Friday doesn't hold up
(26 - 9:29am, Oct 15)
Last: Buck Coats

NewsblogMajor League Baseball has an opioid problem. Now what?
(42 - 9:27pm, Oct 14)
Last: depletion

Page rendered in 1.0948 seconds
54 querie(s) executed