Dec 4, 2012, 2:21 PM EDT
So, the best thing A-Rod can do for the Yankees now is not play?
CBSSports.com’s Jon Heyman reports that the Yankees have insurance on Alex Rodriguez‘s contract that would cover 75-80 percent of his salary if he proves unable to play due to injuries.
Rodriguez is currently expected to miss 4-6 months following hip surgery in January, potentially leaving him sidelined until June or July.
The way insurance on baseball contracts typically works is that it doesn’t kick in unless a player misses the entire season. Whether that’s the case here is unknown, but it’s a pretty good case there won’t be any immediate windfall for the team.
Rodriguez is signed for five more seasons at a total of $114 million. If his body continues to break down, then perhaps the Yankees will recover big portions of his salary in future years. It might also have luxury-tax ramifications. Technically, A-Rod’s salary would still count against the tax even if he were injured and insurance was covering it, but if the Yankees dropped him from the 40-man roster, it no longer would.
That’s what happened with disappointing import Kei Igawa before his contract expired. Since he was no longer on the 40-man, his salary didn’t figure in for tax purposes. However, the Yankees also couldn’t pay someone to take him — which would have had luxury tax ramifications — and they essentially held him hostage in the minors until his contract was up.
Mar 27, 2015, 11:55 PM EDT
Marcus Stroman will be a proud college graduate the next time he takes the mound for the Blue Jays.
Mar 27, 2015, 11:05 PM EDT
The Mets are likely to open the regular season without Daniel Murphy at second base.
Mar 27, 2015, 10:15 PM EDT
Alex Rios says he’ll have to manage his thumb injury throughout the duration of the 2015 season.
Mar 27, 2015, 9:25 PM EDT
Jeff Francoeur threw out Alex Rodriguez at the plate. It’s 2015, not 2011.
Mar 27, 2015, 8:35 PM EDT
The Twins reportedly have a bit of interest in free agent reliever Rafael Soriano.
Mar 27, 2015, 7:45 PM EDT
Domonic Brown is battling an Achilles injury, leaving him unlikely to play on Opening Day.
Mar 27, 2015, 6:55 PM EDT
Brandon League isn’t likely to pitch for a couple of months according to manager Don Mattingly.
Mar 27, 2015, 6:05 PM EDT
It doesn’t seem like the Nationals and Jordan Zimmermann will reach an agreement on a contract extension before the regular season begins.
Mar 27, 2015, 4:40 PM EDT
Drabek was once a top prospect and the Blue Jays acquired him from the Phillies in the Roy Halladay trade.
Mar 27, 2015, 4:13 PM EDT
The Rule 5 pick had a decent shot of making the Mariners’ pen out of camp.
Mar 27, 2015, 3:20 PM EDT
Should we be taking the rebuilt White Sox seriously as contenders?
Mar 27, 2015, 2:34 PM EDT
Verlander has continued to struggle this spring.
Mar 27, 2015, 2:01 PM EDT
There is only one reason a player should be tested for drugs as often as David Ortiz claims he has been: a previous positive test.
Mar 27, 2015, 12:46 PM EDT
Thanks to his mid-90s fastball and fantastic strikeout totals Salazar was a popular breakout pick for 2015.
Mar 27, 2015, 12:30 PM EDT
No word on “yicketty.”
Mar 27, 2015, 12:00 PM EDT
The Braves had one of the stranger off-seasons, both adding and subtracting players while also attempting to rebuild. How bad will they be in 2015?
Mar 27, 2015, 11:28 AM EDT
So far so good in Tanaka’s attempt to avoid Tommy John surgery.
Mar 27, 2015, 11:09 AM EDT
Good intentions are never enough.
Mar 27, 2015, 10:47 AM EDT
Howie Kendrick’s replacement.
Mar 27, 2015, 10:15 AM EDT
Ludwick signed a minor-league deal with the Rangers in early February and it would have paid $1.75 million if he made the team at age 36.
- 2015 Preview: Chicago White Sox 10
- Did David Ortiz admit to more than he realized with his Players’ Tribune editorial? 63
- 2015 Preview: Atlanta Braves 12
- David Ortiz: “Nobody in MLB history has been tested for PEDs more than me” 111
- 2015 Preview: Chicago Cubs 14
- Unsigned 2014 No. 1 overall pick Brady Aiken undergoes Tommy John surgery 57
- 2015 Preview: Seattle Mariners 15
- Cardinals add “OT” patch for Oscar Taveras 76
- Ex-Cardinals outfielder Curt Ford was assaulted in St. Louis and told to “go back to Ferguson” (116)
- College baseball player cut after making offensive tweet about Mo’ne Davis (115)
- David Ortiz: “Nobody in MLB history has been tested for PEDs more than me” (111)
- Mo’ne Davis says college ballplayer who wrote an offensive tweet about her deserves a second chance (88)
- Rob Manfred says it would be hard to reinstate Pete Rose in a limited way (88)