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.
Jul 31, 2015, 12:05 PM EDT
The price is too high.
Jul 31, 2015, 12:02 PM EDT
Cardinals’ bullpen is suddenly stacked with closers and ex-closers.
Jul 31, 2015, 11:11 AM EDT
Maybe he’ll see Daniel Norris coming the other way in his van?
Jul 31, 2015, 10:39 AM EDT
Milwaukee would receive a starting pitcher prospect in return.
Jul 31, 2015, 9:49 AM EDT
Or, the very least, want the Padres to think they are so as to bring Craig Kimbrel’s price down.
Jul 31, 2015, 9:25 AM EDT
They have the worst ERA in the AL, so any starter would be a nice addition.
Jul 31, 2015, 9:18 AM EDT
Another torn quadriceps muscle for the All-Star left fielder.
Jul 31, 2015, 8:55 AM EDT
I feel like Ken Caminiti has to be involved.
Jul 31, 2015, 8:51 AM EDT
Jay Bruce instead of Carlos Gomez?
Jul 31, 2015, 8:43 AM EDT
He’d be both a 2015 and a future move.
Jul 31, 2015, 8:18 AM EDT
The Yankees bullpen is already a strength. Will it be stronger by 4pm today?
Jul 31, 2015, 7:34 AM EDT
In a night of several walkoffs — including a walkoff walk — Jason Castro had the biggest, helping Houston complete the sweep of the Angels.
Jul 31, 2015, 3:22 AM EDT
It’s fortunate this one didn’t get ugly.
Jul 31, 2015, 2:51 AM EDT
We’re recapping all of the deals as they come down.
Jul 31, 2015, 12:24 AM EDT
Leake has a 3.56 ERA and 90/34 K/BB ratio in 136 2/3 innings over 21 starts this season.
Jul 31, 2015, 12:00 AM EDT
The Astros completed a three-game sweep of the Angels and now hold a two-game lead in the American League West.
Jul 30, 2015, 11:29 PM EDT
Gallardo isn’t going into the trade deadline on a high note, as he has allowed five runs in three straight starts.
Jul 30, 2015, 10:55 PM EDT
The Diamondbacks are trying to make a play for All-Star closer Aroldis Chapman.
Jul 30, 2015, 10:20 PM EDT
It was made possible due to a misplay by Jacoby Ellsbury in center field.
Jul 30, 2015, 9:33 PM EDT
The Brewers traded center fielder Carlos Gomez to the Astros earlier tonight along with right-hander Mike Fiers and they could be close to another deal.
- And That Happened: Thursday’s scores and highlights 36
- 2015 MLB Trade Deadline Tracker 6
- Giants to acquire Mike Leake from Reds 30
- Astros acquire Carlos Gomez and Mike Fiers from Brewers 44
- Pirates bolster bullpen, pick up Joakim Soria from Tigers 12
- The extraordinarily odd, 13-player Dodgers-Marlins-Braves trade is done 62
- Blue Jays acquire David Price from the Tigers 111
- Both the Phillies and the Rangers did well in the Cole Hamels trade 73
- The MLBPA is considering withholding cooperation with ESPN, Fox over Colin Cowherd’s comments (157)
- The Cubs are in discussions with the Phillies on Cole Hamels (146)
- Major League Baseball rips Colin Cowherd in an official statement (123)
- Blue Jays acquire David Price from the Tigers (111)
- Rangers land ace left-hander Cole Hamels from Phillies (106)