How to turn a guaranteed contract into a non-guaranteed contract

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Jeff Passan has an interesting story over at Yahoo! today. It’s a look at the language teams are increasingly inserting into individual player contracts which outline the circumstances under which a player’s contract can be transformed from a guaranteed deal to a non-guaranteed one.

It doesn’t happen often — Passan notes three players who have had it happen, and in each case a settlement on the final dollars owed was reached — but he reports that teams are increasingly looking for ways to hedge against risk. Or, if you are skeptical of team intentions, look for ways out of bad deals. For now the bulk of the language relates to thinks like engaging in dangerous activities such as skydiving, skiing and martial arts. There are moves, however, particularly by the Cubs, Nats and Yankees, to try to build in language that covers PEDs.

As Passan notes such language is likely trumped by the Joint Drug Agreement and the CBA. But it’s an area that some in the union may worry will be one in which teams attempt to become more proactive.

Fascinating stuff, particularly the exhaustive list of prohibited activities in Cubs contracts. It sort of puts a whole new twist on that Rogers Hornsby quote in which he said he spent his offseason looking out the window and waiting for spring. These days, it seems, that’s all a player could do without risking his contract.

Astros’ Verlander to have elbow surgery, miss rest of season

Justin Verlander
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Houston Astros ace Justin Verlander will undergo Tommy John surgery and miss the rest of the season.

The reigning AL Cy Young Award winner announced the news Saturday on his Instagram account in a 1½-minute video.

“In my simulated game a couple days ago, I felt something in my elbow, and after looking at my MRI and conversing with some of the best doctors in the world, we’ve determined that Tommy John surgery is my best option,” Verlander said.

He threw to hitters on Wednesday for the first time since he was injured in the team’s opener on July 24. He threw 50 pitches in the bullpen before throwing about 25 pitches to hitters in two simulated innings.

“I tried as hard as I could to come back and play this season,” Verlander said. “Unfortunately, my body just didn’t cooperate.”

Verlander has been on the injured list with a right forearm strain. He went 21-6 with a 2.58 ERA in 2019.

“Obviously, this is not good news,” Verlander said. “However, I’m going to handle this the only way I know how. I’m optimistic. I’m going to put my head down, work hard, attack this rehab and hopefully, come out the other side better for it.

“I truly believe everything that everything happens for a reason, and although 2020 has sucked, hopefully, when this rehab process is all said and done, this will allow me to charge through the end of my career and be healthy as long as I want and pitch as long as I want and accomplish some of the goals that I want in my career.”

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