my first update attempt.
assuming we get no money back for Pavano.
my first update attempt.
assuming we get no money back for Pavano.
I've had this discussion on another thread, but you seem to know the salary rules better than most, so I'll ask you:Originally Posted by kobayashimaru
What difference would it make if the Yankees get insurance money back for Pavano? He's on a guaranteed contract and they're still obligated to pay him whether they get compensated as a result of an independent insurance transaction or not.
Is there some provision in the CBA that takes a team off the luxury tax hook when a player cannot physically play and they receive insurance payouts to compensate them for his salary? If not, any Pavano insurance should have no effect whatsoever on payroll or luxury tax numbers.
or JD "I'll opt out of anything for more Money" DrewOriginally Posted by ieddyi
"Scooter - RIP and thank you for being part of my childhood"
Or Curt Schilling, or Manny Ramirez, or Keith Foulke, etc, etc.Originally Posted by BeantownYankee
But everybody knows people only play for the Red Sox out of the kindness of their heart and a love for the city of Boston.![]()
from what I understand, and it is VERY MINIMAL, as we never get to see the whole contract, I assume the yankee would still have to pay Pavano's luxury tax as it counts against their payroll.Originally Posted by YASS
They would just get some/all of the money from his remaining contract back via insurance. It doesn't have much impact on the payroll at all but it would impact the cash statement.
I am really not sure about the CBA since I never read it in too much details. I'm probably going to spend some time looking back at how Mike Hampton's situation is handled to see if there is anything to learn from that.
http://msn.foxsports.com/mlb/story/6839726
Dayn Perry has the payroll number at 195.229 million for the Yankees without Clemens.
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