The structure of Ramirez’s contract might make him more attractive to teams interested in the slugger. Any team that made a move for Ramirez would owe him a prorated portion of his $20 million salary. However, about three-quarters of his salary is deferred.
So if the Chicago White Sox or Tampa Bay Rays, for example, were to acquire Ramirez, they would owe him only $1.1 million for the rest of this season, and about $3.3 million in deferred salary.
Sounds expensive…
UPDATE !: As I was reminded below, Manny will probably net the White Sox free-agent compensation when he leaves after the season’s over. He doesn’t sound so expensive now.
UPDATE #2: Strike from the record UPDATE #1.
Does the prospect of compensation picks change your opinion?
Comment by Anonymous — August 24, 2010 @ August 24, 2010 9:43 am |
right, I forgot this
and this changes the equation a lot
thanks for reminding me
Comment by The Wizard — August 24, 2010 @ August 24, 2010 12:34 pm |
one thought
any idea if manny would still be a Type-A if he moves to the AL?
Comment by The Wizard — August 24, 2010 @ August 24, 2010 12:49 pm |
In order to acquire free-agent compensation (draft picks), the Sox would have to offer Ramirez arbitration. Ramirez would be crazy to turn down arbitration because no one would give him a 2011 salary anywhere near his potential arbitration award based on his 2010 salary of $20 million. Since the Sox are not going to dole out around $20 million for a 2011 DH, they will not offer arbitration and therefore will not receive draft picks as compensation.
Comment by Buford — August 24, 2010 @ August 24, 2010 4:55 pm |
I stand corrected again.
Yeah, the Sox won’t be offering arbitration to Manny
thanks for the correction
Comment by The Wizard — August 24, 2010 @ August 24, 2010 5:57 pm |