UPDATE: Angels acquire Vernon Wells from Jays for Mike Napoli and Juan Rivera

21 Comments

UPDATE: Jon Heyman of SI.com confirms it. The Angels are picking up the entire $86 million tab left on Vernon Wells’ contract. Mind sufficiently blown.

9:08 PM: The deal is done. The Angels have acquired Vernon Wells from the Blue Jays for Mike Napoli and Juan Rivera. According to Jon Paul Morosi of FOXSports.com, cash is not mentioned in the release from either club. If the Jays aren’t paying some of Wells’ salary, this is a heist of the highest measure.

7:14 PM: Rosenthal’s latest update has the Blue Jays sending Vernon Wells and cash considerations to the Angels for Mike Napoli and Juan Rivera. No word yet on the exact amount of salary the Blue Jays will absorb.

6:42 PM: Juan Rivera might also be in the deal, according to Rosenthal.

Vernon Wells was in Anaheim for a physical today and is waiving his no-trade clause. Of course, he is owed the ridiculous sum of $86 million over the next four seasons. We haven’t heard anything about the Blue Jays picking up any salary here, which if true, would officially make Alex Anthopoulos a miracle worker. Still waiting for the final details, of course.

6:26 PM: If this trade didn’t surprise you already, this certainly will. According to Ken Rosenthal of FOXSports.com, Vernon Wells is headed to the Blue Jays in the Mike Napoli trade. In a word, woah. More when we get it.

5:38 PM: We weren’t expecting that! Rosenthal reports that the Angels have traded Mike Napoli to the Blue Jays. No word on the return.  Giving up one of the team’s better bats makes some sense if you can get some good young Rays talent. The Jays system isn’t quite as stocked.  Here’s hoping for Angels fans that they’re getting some value back.

Man. You just never know.

4:18 PMStan McNeal of the Sporting News reports that the Rays have expressed interest in Angels catcher Mike Napoli.

Interesting. Napoli is a good hitter who, while his OBP dropped precipitously last year in a career-high 140 games, still popped a lot of dingers.  McNeal says that the Rays would use him as a DH.  If so, those Manny Ramirez talks would probably end. As it is, Napoli made $3.6 million and is due a raise via arbitration, so he would probably end up costing around the same — or maybe a bit more — than Manny.  Except he’s not a head case and can play catcher.

As for the Angels, they have Jeff Mathis, Bobby Wilson and Hank Conger to prevent passed balls.  The Rays have a prospect-rich system, so if there’s a team to whom you’d want to trade a valuable player like Napoli, it’s Tampa Bay.

What happens with all the players the Braves lost yesterday?

Braves
2 Comments

Yesterday’s unprecedented sanctions leveled on the Atlanta Braves hit them pretty hard, but it also turned a dozen players into free agents. What happens to them now? Who can sign them? When? And for how much?

First off, they get to keep their signing bonuses the Braves gave them. It wasn’t their fault the Braves messed up so it would make no sense for them to have to pay the money back. As for their next team: anyone can, theoretically, sign them. As far as team choice, they are free agents in the most narrow sense of the term.

There are limits, however, because as young, international players, their signings are subject to those caps on each team’s international bonus money which were imposed a few years back. Each team now has a “pool” of finite dollars they can spend on such players and, once that money is spent, teams are severely limited as to what they can offer an international free agent. Each summer the bonus pools are reset and it starts anew.

Which, on the surface, would seem to create a problem for the 12 new free agents, seeing as though a lot of teams have already spent much if not all of their July 2017-18 bonus pools. The good news on that, though, is that Major League Baseball has made a couple of exceptions for these guys:

  • First, the first $200,000 of any of the 12 former Braves players will not be subject to signing pools, so that’s a bit of a break; and
  • Second, even though these players will all likely be signed during the 2017-18 bonus pool period, teams have the option of counting the bonus toward the 2018-19 period. They can’t combine the money from the two periods, but they can, essentially, put off the cost into next year for accounting purposes.

Which certainly opens things up for clubs and gives the players more options as far as places to land go. A club can decide whether or not the guys on the market now look better than the guys they’ve been scouting with an eye toward signing after July 2018 and get a jump on things. Likewise, teams don’t have to decide whether or not to take a run at, say, Shohei Ohtani, burning bonus money now, or instead going after a former Braves player. Ohtani’s money will apply now, the Braves player can be accounted for next year.

The new free agents are eligible to sign during a window that begins on December 5 and ends on Jan. 15. If a player hasn’t signed by then, he can still sign with any club but cannot get a bonus. If a player hasn’t signed anywhere by May 1, 2018, he has the option of re-signing with the Braves, though they can’t pay the guy a bonus either.

Ben Badler of Baseball America has a rundown of the top guys who are now free agents thanks to the Braves’ malfeasance. Kevin Maitan is the big name. The 17-year-old shortstop was considered the top overall international free agent last year, though his first year in the Braves minor league system was less-than-impressive. There are a lot of other promising players too. All of whom now can find new employers.