Red Sox to pay Dodgers $3.9M over each of next three years
|12.12.12 at 11:29 pm ET|
According to The Associated Press, the Red Sox will make three payments of $3.9 million each to the Dodgers in the next three years, with disbursements to come in 2013, 2014 and 2015, to complete the August blockbuster that sent Adrian Gonzalez, Carl Crawford, Josh Beckett and Nick Punto to Los Angeles in exchange for Allen Webster, Rubby De La Rosa, Jerry Sands, Ivan De Jesus Jr. and James Loney.
The payment schedule has limited implications for the Sox’ efforts to avoid the luxury tax, most notably in 2014, when doing so provides the team with a potential rebate of revenue-sharing money that could lead to millions of dollars in savings for the club. As of now, assuming that the team’s three-year, $39 million deal with Mike Napoli is finalized and with the payment to the Dodgers factored in, the team would still have more than $45 million that it could spend on contracts for 2014 while staying under that season’s $189 million luxury tax threshold.
While the Sox remain on the hook for a total of $11.7 million for the contracts of the players they sent to the Dodgers, Los Angeles will pay the remaining $250.8 million on the four former Red Sox players contracts, thus giving the Sox considerable financial flexibility going forward.
Latest from Bleacher Report
- Unexpected Trades Red Sox Could Pull Off This Offseason
- Dream Free-Agent Pickups for Red Sox
- Red Sox Free Agency News and Trade Rumors
- Should Red Sox Trade Cespedes This Offseason?
- Red Sox's Most Tradeable Assets for Offseason
- Uehara Inks 2-Year Extension with Sox
- Possible Trade Partners, Packages for Cespedes
- Aaron Kurcz dealt to Atlanta for Anthony Varvaro
- Offseason Notes: Trades, signings, and awards
- Marco Hernandez received from Cubs to complete Doubront trade
- Podcast Ep. 69: Hot Stove on High
- Fall/Winter League Roundup: Castillo/Vazquez headline action in Puerto Rico
- Trade analysis: Scouting the players in the Wade Miley deal
- Sox acquire Zeke Spruill for Myles Smith in second D-Backs trade
- Justin Masterson: An unlikely All-Star reunites with the Red Sox
- Trade analysis: Scouting the prospects dealt for Porcello
- Astros select Jason Garcia in Rule 5 draft, trade him to Orioles