Enjoy an Ads-Free Jets Insider - Become a Jets Insider VIP!
Results 1 to 5 of 5

Thread: Yankees Acquire Vernon Wells

  1. #1
    All League
    Join Date
    Jan 2006
    Location
    East of the Jordan, West of the Rock of Gibraltar
    Posts
    4,686
    Post Thanks / Like

    Yankees Acquire Vernon Wells

    http://www.mlbtraderumors.com/2013/0...ells-deal.html

    A two-year, $13.9MM contract for a guy needed until May.

    Only the Yankees do this



    Yankees Acquire Vernon Wells

    A player with a supposedly untradeable contract has been dealt for a second time, as the Yankees acquired outfielder Vernon Wells from the Angels on a salary dump deal. The trade was announced officially today, and the Halos received a couple of token minor leaguers in outfielder Exicardo Cayones and lefty reliever Kramer Sneed. The big benefit for the Angels was salary relief, as the Yankees will reportedly assume a surprising $13.9MM of the $42MM owed to Wells for 2013-14, of which they'll pay $11.5MM this year to avoid a luxury tax hit in 2014. Wells was happy to waive his no-trade clause and escape a likely fate of being buried on the Angels' bench.

    Wells, 34, was acquired to serve as the Yankees' everyday left fielder until Curtis Granderson returns to the lineup in May from a broken wrist. Signed to a seven-year, $126MM extension by the Blue Jays in 2006, Wells posted a solid year in 2010 that allowed Toronto to unload most of his remaining $86MM on the Angels, which also cost the Halos Mike Napoli and cost GM Tony Reagins his job. Wells performed terribly after the trade, hitting .222/.258/.409 in 791 plate appearances. It was surprising to see the Yankees essentially give a two-year, $13.9MM contract to a player most teams would consider a fourth outfielder at best. By comparison, the Cubs signed Scott Hairston this offseason for two years and $5MM. The trade is a big win for Angels GM Jerry Dipoto, who unloads a player he didn't need and avoids the Competitive Balance Tax.

    Cayones, 21, was acquired by the Yankees from the Pirates in the A.J. Burnett trade in February of last year, so he's again attached to a salary dump. He hit .228/.374/.291 in 200 Low-A plate appearances last year, playing mostly right field. Sneed, 24, posted a 5.37 ERA, 6.9 K/9, 5.7 BB/9, and 0.71 HR/9 in 63 2/3 High-A innings last year. Neither is considered much of a prospect, which makes sense with the Yankees assuming so much of Wells' contract.

    Yahoo's Jeff Passan first broke the story on Sunday, with Jim Bowden, Mike DiGiovanna, Alden Gonzalez, Jon Heyman, Buster Olney, Joel Sherman, and Mark Feinsand also contributing along the way. Photo courtesy of USA Today Sports Images.

  2. #2
    Rookie
    Join Date
    Sep 2009
    Posts
    924
    Post Thanks / Like
    USA Today picked the Yankees to come in dead-last in the AL East this season.

    1. Blue Jays
    2. Rays
    3. Red Sox
    4. Orioles
    5. Yankees

  3. #3
    All League
    Join Date
    Dec 2007
    Location
    NYC
    Posts
    3,141
    Post Thanks / Like
    Just read that the Yankes acquisition of Wells has ballooned their payroll to $229mm for this year, surpassing the Dodgers, who are at $216mm. The next closest is the Phillies at $159mm.

    What a joke.

  4. #4
    Hall Of Fame
    Join Date
    Sep 2005
    Location
    New York, NY
    Posts
    13,308
    Post Thanks / Like
    It's terribly sad for you that you all care so much about this.

  5. #5
    Board Moderator
    Jets Insider VIP
    JetsInsider.com Legend

    Join Date
    Sep 2005
    Location
    The depths of Despair.
    Posts
    39,558
    Post Thanks / Like
    Quote Originally Posted by Buster View Post
    http://www.mlbtraderumors.com/2013/0...ells-deal.html

    A two-year, $13.9MM contract for a guy needed until May.

    Only the Yankees do this
    Met fan

    Quote Originally Posted by Ernie View Post
    USA Today picked the Yankees to come in dead-last in the AL East this season.

    1. Blue Jays
    2. Rays
    3. Red Sox
    4. Orioles
    5. Yankees
    Met fan

    Quote Originally Posted by Tucker134 View Post
    Just read that the Yankes acquisition of Wells has ballooned their payroll to $229mm for this year, surpassing the Dodgers, who are at $216mm. The next closest is the Phillies at $159mm.

    What a joke.
    Met fan

    Quote Originally Posted by JetPotato View Post
    It's terribly sad for you that you all care so much about this.
    It must be wonderful to channel their frustration with the Mets off season inactivity.......into frustration with the Yanks off season activity.

    What they seem to forget is that the Yanks dont own a printing press for cash, they spend what they earn, unlike the WIlpons who earn little and keep as much of it for themselves as they can.

    DOnt hate the playa, hate the game, fellas.

    You simply......got the wrong playa.



    -

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  

Follow Us