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

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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.

Yoenis Cespedes leaves game with pulled hamstring

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The Mets and Braves are playing today and it’s not a great day for the Mets in the injury department.

First they scratched Noah Syndergaard with a “tired arm.” Now they’ve lost Yoenis Cespedes, who pulled up limping at second base following a double in the bottom of the fourth:

The team has announced that he has pulled his left hamstring.

Cespedes, of course, missed three games over the weekend due to hamstring issues. That was merely tightness, however, and following an off day and a rainout, Cespedes played last night without incident. But it now looks as though he’s going to miss some serious time.

No done deal for Jeter and Jeb: Rob Manfred says two groups still in play for the Marlins

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For all of the headlines about Derek Jeter and Jeb Bush buying the Miami Marlins, this is looking like anything but a done deal. First is the small matter of the billion and a half bucks Jeter and Jeb need to put together. Then there’s the matter of there being another . . . mystery bidder!

That according to commissioner Rob Manfred who says two groups are still bidding to buy the Marlins. He said this morning at the groundbreaking for the Jackie Robinson Museum, adding “There is no agreement in place. We’re working with more than one group . . . there is not a signed document on any topic.”

Despite this, Manfred said that “the timeline is relatively short; it would be measured in days, not months.” So someone is likely to find that billion and a half bucks soon, I reckon.