Angels renew Mike Trout for $510,000

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As a pre-arbitration player, 2012 AL MVP runner-up Mike Trout has no negotiating power with the Angels. So, instead of signing for a salary he didn’t like, he had his contract renewed by the team for $510,000 on Saturday.

That figure is just $20,000 above the major league minimum. It’s unclear whether the Angels initially offered him more. Teams will often make pre-arbitration-eligible players offers and then roll them back if they’re not accepted. The Angels other 21 pre-arby players all agreed to contract; Trout was the only one to have get renewed.

Most teams employ a strict scale for pre-arbitration players in which salary is almost entirely determined by service time, with performance figuring very little into it. That the Angels didn’t throw Trout a bone an kick in an extra $100,000-$200,000 likely has far less to do with them being cheap and more about not wanting to mess with their scale. They’ll certainly be willing to make it up to him later.

Trout, on the other hand, may have some hard feelings over the negotiations. Still, it’s strictly business as usual for major league teams. That pre-arbitration players are paid so little allows teams to fork over $15 million, $20 million or even $25 million per year to free agents. Trout will get his eventually; he’ll be eligible for arbitration for the first time after 2014 and he’ll be eligible for free agency following the 2017 season.

It’s official: Giancarlo Stanton becomes a Yankee

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The New York Yankees announced this morning that Giancarlo Stanton has officially waived his no-trade clause and that their blockbuster deal for the reigning NL MVP is complete. The club will hold a 2PM Eastern press conference to introduce their new slugger. They noted that he will wear number 27. Sorry Austin Romine. You gotta find another number.

As reported last week, the Yankees received Stanton and cash considerations in exchange for second baseman Starlin Castro, minor league pitcher Jorge Guzman and minor league infielder Jose Devers. The Yankees will pay $265 million of the $295 million owed the 28-year-old Stanton over the next 10 years. Stanton has an opt-out clause he can exercise after the 2020 season. His full no-trade clause follows him to New York as well.

After the announcement, the Yankees tweeted out some fun things. Some of it was downright savage. Power tweets, in fact:

I’m gonna assume that last one was aimed at the Red Sox.

The Marlins have not tweeted in three days.