Mike Trout

Alden Gonzalez explains why no Mike Trout extension is forthcoming

29 Comments

Many have assumed that the Angels will try to work out a long-term deal with Mike Trout this winter before the price tag becomes even more overwhelming, but there’s a very good reason that won’t be happening. And it has a lot to do with that hideous Vernon Wells deal still taking a toll. The Angels are just too close to the luxury-tax threshold to commit big bucks to Trout at the moment.

MLB.com’s Alden Gonzalez lays it all out in his blog entry:

Well, let’s say the Angels sign him to a 10-year, $300 million deal (that’s just a number I’m throwing out, basically because it’s easy to divide — and perhaps because I’m thinking of Robinson Cano). Even if in that contract, Trout is making only $1 million in 2014, the figure for the CBT [Competitive Balance Tax] payroll would be the AAV [Average Annual Value] of that: $30 million.

It matters nothing what Trout makes next year if he signs a long-term deal; it’s his average salary that counts. And since the Angels already have Albert Pujols, Josh Hamilton, Wells, Jered Weaver and C.J. Wilson combining for annual salaries of $100 million, with many more mid-range players also under contract, they can’t give Trout the kind of contract he deserves and stay under the luxury tax at $189 million.

(Yes, Wells still factors in to the tune of $18 million next year. Under the deal the Angels worked out with the Yankees this spring, the Halos got some relief from his 2013 salary, but they’re taking on nearly all of that responsibility for 2014, largely because the Yankees wanted to get under the luxury tax next year.)

The Red Sox used to run into this same problem, and the Yankees, too, have typically been shy about signing younger players to multiyear deals. It’s the hidden cost of operating in the vicinity of the luxury tax; whereas small-market teams can give their young players long-term deals and save a lot of money in the long run, it costs the large-market teams extra to do so.

In this case, Trout is so incredibly valuable that one could argue the Angels should ignore the consequences and try to get something done anyway. It’ll cost them extra now, but it might yet save them some money down the line. After all, that annual salary he’ll command in a long-term deal figures to be significantly smaller now than it will be once he hits arbitration.

Twins’ minor league pitcher Landa dies in Venezuela

FORT MYERS, FL - MARCH 05:  Yorman Landa #81 of the Minnesota Twins makes a throw to first base during the fourth inning of a spring training game against the Baltimore Orioles at Hammond Stadium on March 5, 2016 in Fort Myers, Florida.  (Photo by Stacy Revere/Getty Images)
Getty Images
Leave a comment

MINNEAPOLIS — The Minnesota Twins say minor league pitcher Yorman Landa has died in Venezuela. He was 22.

The club said in a statement that the Twins are “deeply saddened by the heartbreaking loss.” The team did not say how he died.

Landa pitched in the 2016 season with the Fort Meyers Miracle, going 2-2 with 7 saves and a 3.24 ERA in 41 2/3 innings pitched. His career minor-league ERA was 2.66.

Landa had been on the Twins’ 40-man roster, but was dropped after the season. The organization signed him to a minor-league contract last week.

Landa was signed by the Twins in 2010 as a 16-year old from Santa Teresa, Venezuela.

Orioles are eying Welington Castillo as their primary catcher target

BALTIMORE, MD - SEPTEMBER 25: Welington Castillo #7 of the Arizona Diamondbacks warms up prior to taking an at bat against the Baltimore Orioles in the second inning at Oriole Park at Camden Yards on September 25, 2016 in Baltimore, Maryland. (Photo by Matt Hazlett/Getty Images)
Getty Images
Leave a comment

A report from the Baltimore Sun’s Dan Connolly suggests that free agent catcher Welington Castillo currently tops the Orioles’ list of potential backstop targets for the 2017 season. With Matt Wieters on the market, the Orioles lack a suitable platoon partner for Caleb Joseph behind the dish, and Connolly adds that the club has been discussing a multi-year deal with Castillo’s representatives since the Winter Meetings.

Castillo batted .264/.322/.423 with the Diamondbacks in 2016, racking up 14 home runs and driving in a career-high 68 RBI in 457 PA. His bat provides much of his upside, and Connolly quoted an anonymous National League scout who believes that the 29-year-old’s defensive profile has fallen short of his potential in recent years.

For better or worse, both the Orioles and Castillo appear far from locking in a deal for 2017. Both the Rays and Braves have expressed interest in the veteran catcher during the past week, while the Orioles are reportedly considering Wieters, Nick Hundley and Chris Iannetta as alternatives behind the plate.