Yankees could receive insurance funds if Alex Rodriguez can’t play

19 Comments

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.

Report: Christian Yelich’s relationship with Marlins ‘irretrievably broken’

Rich Schultz/Getty Images
16 Comments

Joe Longo, the agent of Marlins outfielder Christian Yelich, said his client’s relationship with the Marlins is “irretrievably broken,” ESPN’s Jerry Crasnick reports. He believes in the best interest of both Yelich and the Marlins to work out a trade before the start of spring training.

Longo said,

They have a plan. I respect that plan, but that plan shouldn’t include Christian at this point in his career. He’s in the middle of the best years of his career, and having him be part of a 100-loss season is not really where [we] want to see him going.

The relationship between player and team is irretrievably broken. It’s soured. He’s part of the old ownership regime. The new ownership regime needs to get new parts into this plan and move forward, and he needs to get on with his career where he’s got a chance to win. The big issue is him winning and winning now.

He loves the city of Miami. He loves the fans. He’s had nothing but a good experience in South Florida, and he feels sorry where they ended up. But I think having him report [to spring training] and attempting to include him moving forward is going to be uncomfortable for both sides. I don’t see how it’s going to work.

This certainly comes as no surprise considering the offseason the Marlins have had after installing new ownership, going from Jeffrey Loria to Bruce Sherman and Derek Jeter. The club traded All-Star outfielder Giancarlo Stanton, who hit 59 home runs last season, as well as Dee Gordon and Marcell Ozuna. As Crasnick notes, Yelich isn’t the only player to express disappointment with the Marlins’ current direction — J.T. Realmuto and Starlin Castro have as well.

Yelich, 26, signed a seven-year, $49.57 million contract extension with the Marlins in March of 2015. Given his career performance, that’s a bargain of a contract, which is why more than a handful of teams have inquired with the Marlins about him this offseason. Yelich finished the past season with a .282/.369/.439 triple-slash line along with 18 home runs, 81 RBI, 100 runs scored, and 16 stolen bases in 695 plate appearances.