Dec
19

Some CC & AJ contract details

By

The AP, via ESPN, has some details about the new contracts signed by CC Sabathia and AJ Burnett. Let’s do this bullet point style:

  • Sabathia’s contract includes a $9M signing bonus paid in three equal installments over the next 8 months: one on December 31st, one on March 1st, and the last on July 31st.
  • His salary breakdown is simple:
    2009: $14M
    2010-2015: $23M each
  • Sabathia will be paid semimonthly over all twelve months of year; most players are paid semimonthly during the six-month regular season only. He’ll earn $583,333 every two weeks in 2009.
  • He gets a suite on road trips, not uncommon for big name free agents. And, of course, he can opt out of the deal after the 2011 season.
  • Burnett’s deal isn’t front or backloaded, and apparently doesn’t include a signing bonus. He’ll get $16.5M per year for the next five years.
  • Both contracts include full no-trade clauses.

So Sabathia will have already been paid $9,499,998 before he throws a pitch in the 2009 season. Livin’ the dream baby, livin’ the dream.

Categories : Analysis
  • Lissette

    Does the signing bonus count towards club salary?

  • http://headshotsonly.wordpress.com The Third Yip-Yip

    This could be interesting, giving the Yanks a little more payroll to play with, i.e. keeping to the $180MM limit.

    • Ryan S.

      But that signing bonus cash is coming out of the same bank account, no? Maybe I’m missing something, but the Yanks are still basically paying CC $23M this year.

      • Steve

        Yeah, but when discussing their “2009 Payroll” they can legitimately say that ‘players salaries’ were 180 something.

        You can score these things however you want, but at some point it gets ridiculous. Minor league guys who get called up are paid on a pro-rated basis, buyouts, signing bonuses, it all just gets too complicated. Easiest thing to do is just look at the player’s salaries, which in CCs case will be 14 mil

        • Ryan S.

          I suppose. If luxury tax is based on the 2009 payroll it could make sense, something like that. But they’re probably not done spending this off season either way, and I don’t just mean Andy.

          • Mike Pop

            Andy and Manny.

            • Stephen

              Also they probably won’t be paying luxury tax because under MLB’s rules, teams that build new stadiums can deduct the building costs from the luxury tax payments.

  • Manimal

    I’m not a fan of giving Burnett a full NTC since his 5 years are guaranteed and not all of CC’s 7 years are.

    • jeff

      The NTC doesn’t really matter since Burnett’s contract makes him nearly impossible to trade anyway.

  • Manimal

    CC makes more in a week than Joba does in a year.

    • Manimal

      2 weeks*

    • Jack

      A-Rod makes more per AB than I do in a year.

      • Manimal

        I make less than CC makes per pitch.

        • VO

          i make more in a day then arod does in his entire contract

          • VO

            in my dream last night

            • Mike Pop

              Clemens made so much per day in the half a year contract he signed with us.. 28 mill he pitched like 15 games ?

              • steve (different one)

                it was $28M total for a 162 game season. since he came in after 60 games, they paid him like $18M.

                still absurd, of course, but it’s not like he got $28M for those 20 starts or whatever.

  • Manimal

    Just looked on Cot’s Contracts, and I found that on his previous contract with Toronto, the Blue Jays payed for 8 round trip limousine trips a year from Toronto to his house in Maryland. Apparently, the Yankees did not offer the same sort of deal.

    • Manimal

      I was talking about Burnett.

      • Ryan S.

        See! Somebody DID take a Yankee discount!

      • Jack

        $16.5M should be able to cover the trips.

        • Mike Pop

          I dont know.. Latrell would find that insulting.Hes got his family to feed !!!

  • Mike Pop

    “Livin the dream”

    Hell Yea

  • http://headshotsonly.wordpress.com The Third Yip-Yip

    LoL, according to Cot’s, A-Rod got a $1.00 raise from ’96 to ’97.

    • Manimal

      Divide 1.3 by 3. you get 333333333333 going forever so they gave him that extra doller his last year rather than giving him .33 cents per year.

  • VO

    I was just on yardbarker.com and I was reading an article about Teixiera and the RedSux I decided to look below to the comment board and what do I find a dumb redsuck fan that says “good i dont want teixiera, sign peavy at most” i almost died laughing

    • Manimal

      haha, I go to school with those hicks, its sooo funny.

      me:” I think tex is going to Washington or Angels”
      them:” NOOOOO, Texiera has said that he wants to come to Boston, not LA or Washington”

      Really? He did?

    • Ryan S.

      Denial is a powerful thing.

      • VO

        i dont see any denial seriously guys teixiera is terible, no way they shud waste money on him, just sign tht stud free agent peavy

        • Mike Pop

          That would of been the smart move

  • VO

    I’m not sure if im doing this right (probablly not im horrific at math) but i came to the conclusion that AROD makes 1 dollar a second

    • Pedro

      That is right sir, he makes aproximately 1,01 dollar a second.

      • VO

        damn thats crazy

      • daneptizl

        I think that math is wrong…

    • Stephen

      he gets 73 cents a second

  • 65hughes

    why in the world would cashman include a no trade clause to burnett’s contract ridicolous

    • Mike Pop

      It doesnt matter man.. He was not going to be moved anyway.. First of all his contract is too large and second of all if he is pitching awesome we keep him and if hes injured we keep him cause noone wants to trade for him.. Its not that big of a deal

      • 65hughes

        well you better hope so he pans out cause cashman is putting his job on the line with this signing

        • Ryan S.

          Not really. If the rest of his moves work but AJ is an albatross, Cashman is in good standing.

        • VO

          for some reason i have a gut feeling that AJ is guna do good

          • Ryan S.

            For better or for worse, we’re stuck with Burnett for the next 5 years, so yeah, might as well be hopeful that this guy kicks ass for us. Might as well trust him about how he’s learned to stay healthy too, and that Halladay’s mentoring has improved his durability. Until he starts to actually disappoint, I will give the guy the benefit of the doubt and think that he’s gonna be a great player. Keith Law really likes him, I take some solace in that.

            • 65hughes

              law likes him because he was in tor organization

              • Ryan S.

                That’s a ridiculous and completely unfounded statement. Law is dead on with his analysis – Burnett is a high risk high reward player. Give the guy a chance, and also you should consider giving Cashman a break. Not every decision he executes his necessary his decision, he knows a lot more intel than we do, and he’s a complete professional … I love Cashman, I think he’s a great GM.

                • Mike Pop

                  No man, the Burnett deal is already looking bad after he was not the greatest public speaker!!

                • 65hughes

                  i agree law is very good but cashman is a good+++++ gm not great if he was the yanks would of had at least one ring in the last 5 yrs

                • Mike Pop

                  Bro, come on man. Thats a terrible thing to say. Hes built some great teams and they have not performed in the postseason. He wanted Vlad>Shef, and I think he wanted Beltran over Randy but Im not positive bout that. To say that if he was a great gm they would have at least one ring in the last 5 years is completely ignorant.

                • 65hughes

                  then why didnt he get them

                • Mike Pop

                  George

                • Ryan S.

                  You gotta keep in mind that Cashman has a long term plan in place, and that the past few years, especially 2008, but even coming into this year, we’re a team that’s going through a philosophical transition. There’s a youth movement taking over in baseball, and we’re going to be a part of it. I’d say at this point we already have the strongest pitching in baseball, in both the major and minor leagues. (our AA Tampa team’s starting rotation is beyond comprehension) This is no small feat, and it is going to be paying dividends for years to come as direct assets or as major trading chips. Let Cashman continue to see his plan out – which is a combination of investing heavily in player development while signing premiere free agents to plug in holes – and we will be seeing a lot more parades in our day.

                • Mike Pop

                  You might see those pieces traded for a young superstar in the future who we will sign to a contract extension. Maybe a guy like Grady(I know hes locked up for a while)or even a swap for another young talented cost controlled guy. I hope alot of our young pitchers pan out for that reason. To maybe pull in some kind of offensive stud at a premium position in the future.

                • Ryan S.

                  *the Tampa Team is High-A btw. I’m not sure anymore if its the Tampa Team or the AA Trenton team that is going to have the stacked starting rotation, but its filled with high ceiling prospects (Dellin Betances, for example).

                • Mike Pop

                  The season really cant start soon enough.

                • Ryan S.

                  Definitely Pop, I think its only logical that eventually we’ll trade from our greatest strength to shore up some weaknesses. We can even keep our favorites (folks like Melancon, Betances, Brackman, etc) and still come up with enough to get a deal done. And we’re continuing to get deeper every year. Bleich is really kicking ass since we got him in the latest draft, or that kid RAB featured a couple days ago … another high ceiling guy.

            • Mike Pop

              He said he wants to be on the big stage and I believe him. He did not enjoy pitching in Canada where noone cared. Here its all baseball baby and this dudes gonna win a CY !!!

              • 65hughes

                you an your burnett love pop i will remeber that quote youre defenetily going out in a limb

                • Mike Pop

                  Obviously Im being sarcastic about the Cy Young. I think he will pitch well. All the guy has to do is stay healthy and we will be confident in him taking the ball every 5th day. He has averaged around 175 innings for the last 5 years I believe. That is not horrible. I just cant wait to see him pitch every game he does. He better stay the course in his domination of the Sox though.

  • 65hughes

    well lets see 81 for aj 41 for pavano 31 or 32 for wright and 32 for rj and plus i dont know how much for krazy kyle thats a lot of money for busts. Well of course you cant say burnett is a bust but its a big possibility

    • Ryan S.

      The difference between Pavano, Jaret Wright, or an ancient Randy Johnson is that Burnett has legit upside. He has incredible stuff and is capable of being lights out. None of the guys you listed (at least in their current state, in regards to RJ) had that in them.

      • Mike Pop

        Wright was suppose to be the next Clemens. That woirked out well.

      • VO

        Pavano-Correct
        Wright-Correct
        Farnsworth-Correct
        Johnson-4.4 era 34 wins 19 losses 383 strikeouts (in 2 seasons) not classified as i bust i think
        Burnett-Cant judge a book by its cover

        Burnett also unlike any of these guys has had more than 1 good season before coming to the yankees

        • Mike Pop

          Everyone just needs to let go of Pavano.. It was bad but finally it is over.

        • steve (different one)

          Jaret Wright cost the yankees $18M, not $31M.

          and he sucked, but he did hold down the #5 spot adequately in 2006.

          he was a bust, but more of a minor bust.

          also, and this is an argument i don’t want to rehash, but he was most likely not a Cashman signing.

  • Mike Pop

    CC did look real fresh in pinstripes though.. He was born for it haha

  • Balls Deep

    Anyone know if Bruney is back and healthy? Bullpen should be stacked…
    Mariano,Bruney, Marte, Hughes, Kennedy,Coke, Robertson, Veras, Ramirez and Giese? Can they keep some down or trade some off?

    • Mike Pop

      Bruney is good. The pen should be stacked but you know how up and down pens can be year after year.

      • Balls Deep

        When I was trying to find how his arm was, I forgot all about Humberto Sanchez, Albaladejo and Aveces( who was great in September). I think Girardi did a better job than Torre did with the pen; didn’t have that one guy that was fried the next year; ie. Stanton, Quantrill or Proctor…

        • Ryan S.

          Right, I forgot about Albaladejo too. He’s so far been outstanding in the Dominican Winter Leagues – leads the league in saves and hasn’t allowed an earned run in 14 innings. He is almost certainly going to be one of our guys coming into the season.

      • Mike Pop

        Im with Mike A though. Go get Nelson

        • Ryan S.

          Hey if we can get Nelson to a minor league deal, why the hell not? I definitely don’t mean another veteran presence to go along with Mo and Marte, so long as the man backs it up with quality innings.

      • ryan

        Bruney is probably the best reliever in the BP other than MO when’s he’s healthy. I would assume the setup job is his to lose.

    • Ryan S.

      Hughes and Kennedy are not being used in the bullpen – they will likely start in AAA and be our #6 and #7 starters, but Alfredo Aceves could end up being our long middle reliever. Mark Melancon is a name to watch out for in ST, he’s one of our top bullpen prospects and lots of people are saying he’s going to force his way into the ‘pen sooner rather than later.

      • Balls Deep

        There are a lot of pitchers that have been up in the bigs that will be sitting in Scranton; I guess I’ll get to more games there this year. I can see Hughes and Kennedy start in AAA because of a few more off days early and I hope we look to them to be starters, not in some Ramero Mendoza, long relief role. I would like to see Aveces eventually in the rotation too… Is Aveces really only 26 or is that Mexican math like the Cuban math they figured out El Duque’s age with?

        • Ryan S.

          I think he really is only 26. If I’m correct, he was a prospect bust or something like that in the states at some point, then he pitched in the Mexican baseball leagues for a while, and we scouted him at some point. And there is absolutely no doubt that Hughes and Kennedy stay as starters, no matter what. Aceves could be the next Mendoza, that’s just a wild guess on my part though.

  • christopher

    now that the pitching is complete, i would really like to see them address the offense. it doesnt have to be Manny, but their are too many bargains out there to just ignore it. next year the outfield class isnt as good and as cost effective as this years and they should take advantage while the stocks are low. I love bradley, Dunn, and even Baldelli in addition to manny of course and dont forget our old friend nick johnson. if the nats get tex you have to think he will be available and he has the type of talent that if he could ever stay healthy could have a few years in him where he is a stud. he is a gamble worth taking as a 1B/DH/bench player should he become available.

    its not so much that i think the yankee offense NEEDS help – they are a bit above average, but in a buy low market why not start looking toward 2010. not to mention the fact that matsui could get hurt on any given swing, running to 1st, or stubbing his toe on the way backl to the dugout

  • Robb

    When everyone is calculating payroll for 09 are they counting the luxury taxes as well. My question is that with the new stadium the Yankees can write off a portion of their payroll agaiinst the luxury tax and save significantly. Dont know how much this would be; does anyone know how this works or how much they save? Might tell us just how much they have to spend. Thanks

    • Sweet Dick Willie

      I’m pretty sure the new stadium will only help to reduce the revenue sharing payments, not the luxury tax.

      The way I understand it, the luxury tax is based solely on payroll, while revenue sharing is based on some definition of net income, which allows for some form of deduction for the stadium payments.

      • Robb

        Thanks for the info. I wasnt sure how the economics all worked on the new stadium benefits.

  • ryan

    Kontos should go to AAA and bump Igawa….he’s wasting space…getting paid to be a waste and preventing a possible call up for a guy with great stuff and apears ready. I guess Igawa would have to be in the AAA rotation to showcase for any team that wants to take him off the yank’s hands.

  • dkidd

    sad to hear about dock ellis. anyone remember him as a yankee?

  • Reggie C.

    Hey guys.

    Is anybody interested in Vernon Wells? The Jays are shopping him around apparently (mlbtr).

    • steve (different one)

      no one will be interested unless the Jays eat about half his contract.

  • pajama pants

    sorry i didnt read through all the posts to see if anyone discussed this. but does anyone agree that the yanks should’ve made an opt out clause for them in the burnett deal? knowing his injury history maybe give them an opt out of the deal in the 2nd or 3rd year if he is battling injuries. maybe that would keep burnett motivated to stay on the field. just a thought

    • ryan

      burnett wasn’t looking for a motivational contract…. we would’ve lost him to the braves…we were competing with them for his services remember.

    • ryan

      plus he’s prob not gonna make more money or last longer than this contract guarantees him. If he were 28 like CC i could see it making sense but AJ is 32 and this contract would probably allow him to retire a yankee at 37.

  • Greg C

    Semi-monthly is not the same as “every 2 weeks.” For average workers an extra 2 paychecks a year or two fewer might only be a difference couple grand or less, but with C.C. that’s an extra million. I have worked jobs that paid every 2 weeks and ones that paid twice a month. There is a difference. In this case a big one- though 2 paychecks is also a significant amount of money to most “regular folks” as well.

    I have found it’s a pretty common error though, especially among my friends. People have a habit of losing 2-4 paychecks a year for some reason.

  • Greg C

    What I meant by the last sentence is people who are paid weekly or every 2 weeks tend to miss 2-4 paychecks by either figuring their pay as 4 times a month or twice a month. In this case substituting every two weeks for semimonthly is of course adding 2 checks that won’t be there.

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