Yet another reason not to sign Vernon Wells

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His baseball shortcomings are reason enough not to sign Vernon Wells, but as Ken Rosenthal pointed out yesterday, not signing him has an added bonus: it could save him a million dollars in taxes.

Wells lives in Texas. If he stays home all summer, the money he is owned by the Angels and Yankees is all taxable in Texas, which has no state income tax. If he signs with anyone but the Rangers, Astros, Marlins, Rays and Mariners — major league cities in states without state income taxes — he’s have to pay the taxman for home earnings. No matter where he’d sign he’d have to pay taxes for earnings made on road games in states with an income tax.

So: do Vernon Wells a solid. Don’t sign him.

Report: Padres have made offers to both Manny Machado and Bryce Harper

Manny Machado
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Jon Heyman has been hot on the free agent trail today, reporting that the Padres have made offers both Manny Machado and Bryce Harper. The offer to Machado is believed to be for eight years and about $250 million, while the offer to Harper is believed to be for more than that.

Heyman was reporting on Harper earlier, tweeting that the Phillies are the favorite to sign him. He added this evening that Harper has multiple long-term offers at more than $30 million annually. Regarding Machado, Heyman noted that while Machado was believed to have had a preference for the East coast, he will go for the best deal now, which puts the Padres firmly in the picture.

The Padres reportedly met with Machado last week. A late entrant into the sweepstakes, the club has shown the willingness to spend, signing Eric Hosmer to an eight-year, $144 million contract last year. If he goes to San Diego, Machado would be the full-time third baseman with Luis Urias handling shortstop.

Nothing appears close, but we’ll take anything resembling a spark to light the hot stove.