SPORTS MLB not passing new rules to prevent teams from...

MLB not passing new rules to prevent teams from doing late-season salary dumps, per report

-

- Advertisment -
Getty Images

Major League Baseball will not pass new rules this winter in response to the Los Angeles Angels’ late-season salary dumps, according to ESPN. Rather, MLB wants to wait at least another season to see if the Angels’ nihilistic approach was a one-off event or part of a new strategic shift.

Here’s more, courtesy of ESPN’s report:

The Angels had added aggressively in deals before the trade deadline, swapping for Lucas Giolito and others while trying to demonstrate to Shohei Ohtani that they were trying to win. But the Angels completely collapsed, losing their first seven games in August and 16 of 21 through Aug. 23, plummeting out of contention.

The Angels reacted to fading from the playoff race in August by placing several well-compensated veterans on waivers (including some they had acquired only weeks earlier, like Lucas Giolito and Reynaldo López) in an effort to get under the Competitive Balance Tax threshold. They succeeded, avoiding the tax line by an estimated $30,000, per ESPN’s reporting. That means not only will they avoid paying a financial penalty, but their draft-pick compensation if and when they lose Shohei Ohtani to free agency will remain untouched.

It’s worth noting that the most egregious of the Angels’ cost-saving moves involved placing backup catcher Max Stassi on the restricted list in September. By doing so, the Angels avoided paying Stassi what remained of his salary. Stassi elected against resuming his playing career in favor of staying with his wife and son, who had been born three months prematurely earlier in the year

How, precisely, MLB could curtail similar behavior is unclear. Executives with other teams who spoke to CBS Sports late in the season did not seem to believe it was likely to become a league-wide trend over the coming years.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest news

Kim Kardashian wears sexy knitted black dress as she joins Hollywood stars Cher, Tom Brady and Sylvester Stallone at grand opening of the new...

Kim Kardashian made a low-key arrival at the launch of the launch of Fontainebleau Las Vegas — the newest upscale resort in...

Nifty Today | Share Market Live Updates: Sensex surges 850 pts; Nifty tops 21,400; TCS, Infy, HCL Tech lead

Nifty Today | Share Market Live Updates: India's key stock indices are seeing strong gains, hitting new...

Popularity is still on the rise for the only two Paralympic exclusive sports

One sport is hundreds, possibly thousands, of years old while the other is a relative newcomer. Nevertheless, they do have...
- Advertisement -

In South Korea, more young people say marriage ‘not necessary’ as nation’s birth rates plummet

“I don’t like either scenario. I will make a living for myself and myself alone is enough,” he said.Children...

Must read

- Advertisement -

You might also likeRELATED
Recommended to you