A look at the updated Red Sox payroll (and correcting the record on John Lackey’s deal)
|01.26.12 at 11:57 am ET|
The trade of Marco Scutaro unexpectedly freed up more payroll for luxury tax purposes than expected, as the shortstop’s $6 million salary in 2012 would have represented a $7.67 million payroll hit for luxury tax purposes. (More on that here.) Yet in another way, the Sox have slightly less flexibility than anticipated.
It had been assumed that John Lackey had given the team a couple million dollars in additional payroll flexibility with the news that Tommy John surgery that will cost him all of the 2012 season. That is because his absence for the season in turn gives the team an option on his services at the major league minimum for the 2015 season, thus seemingly turning his contract from a five-year, $82.5 million ($16.5 million AAV) contract to a six-year, $83 million contract ($13.83 million AAV).
However, that conclusion was based on a premature push of the fast-forward button. Lackey’s contract remains a five-year, $82.5 million deal. There was a conditional club option for the 2015 season that, if he missed an entire year with a preexisting elbow condition, he would pitch in 2015 for the major league minimum. That is now a club option (rather than a conditional one), rather than a guaranteed season. As such, it does not alter how Lackey’s contract impacts the team’s payroll in 2012. He still represents $16.5 million in salary against the luxury tax threshold in 2012.
That now out of the way, here’s a look at the Red Sox‘ current payroll commitments, in a year when the Red Sox appear to be budgeting for somewhere in the vicinity of $185 million to $190 million (a number that will exceed the luxury tax threshold of $178 million):
Latest from Bleacher Report
- David Ortiz Discusses Retirement from Baseball, Time with Red Sox
- Jackie Bradley Jr. Is Now a Red Sox Star
- Big Papi Cementing His Legend with a Bang
- Ortiz Passes Banks, Mathews for 22nd Place on MLB's HR List
- Red Sox's High-Octane Offense Fueling Rise Back to Prominence
- Red Sox Score Double-Digit Runs for 4th Consecutive Game
- Red Sox 1st Team Since 1999 to Score 13+ Runs in 3 Straight
- Cup of Coffee: Almonte throws six no-hit innings
- Cup of Coffee: Owens, others struggle on mound
- Cup of Coffee: Espinoza dominates in mid-week matinee
- Cup of Coffee: Rodriguez fires seven strong innings in rehab start
- Cup of Coffee: Raudes strikes out eight over six scoreless frames
- Weekly Notes: Rodriguez to start tomorrow for Pawtucket
- Cup of Coffee: Ball shines again for Salem
- The Write-Up: Eduardo Rodriguez
- Cup of Coffee: Kemp homers twice, Light hits 101
- Cup of Coffee: Moore comes through in the clutch for Salem