Mar
25

Report(s): WBC covers salary of injured players

By

Via Buster Olney and Ken Rosenthal: The World Baseball Classic is responsible for salary paid to players injured during the tournament while they are on the DL. The player must miss at least 30 days for coverage to kick in, and the WBC is also responsible if the player gets re-injured after returning.

For the Yankees, this applies to Mark Teixeira. He earns approximately $3.75M per month and is expected to be out until late-May/early-June, so that’s $7.5M the Yankees won’t have to pay their first baseman. Given the propensity for wrist injuries to linger, he could be out even longer and save the team even more. I assume this won’t impact the luxury tax in any way, kinda like regular insurance. It’s a reimbursement, not a salary reduction. The WBC savings probably contributed to the team’s decision to acquire Vernon Wells — I think part of that money was their rainy day/trade deadline fund — but that still doesn’t make it a good idea.

Categories : Asides, Injuries

10 Comments»

  1. KeithK says:

    It’s too bad the team couldn’t hide A-rod’s injury last fall and have it miraculously occur during his first practice with a WBC squad. Opportunities lost!

  2. G says:

    I can’t for the life of me figure out we the Yanks made this deal? Who wants one let alone two years of another retread old outfielder? The timing baffles me too. What is the F.O. thinking here? Anybody have any ideas?

  3. Frank says:

    Yanks could benefit even more if Tex needs surgery and misses the entire season which could very well happen.

  4. ChristIsKing says:

    BREAKING NEWS: The Yankees are going to be scouting Old Timers Day with hopes of finding some talent to play the field… Rickey Henderson and Reggie Jackson are rumored to be asking for 7 figures.

  5. Robinson Tilapia says:

    See? It’s not Cashman OR Levine’s fault. It’s Teixeira’s.

    Teixeira failed.

  6. Cris Pengiucci says:

    Well, this may explain why they have money to spend, but Vernon Wells? Really? I mean, I’m not too upset because it is just a 4th OF, but, Really? Is this the best they could do????

    • Jersey Joe says:

      It just takes away from Boesch, Mesa, Ronnier, Francisco, Rivera, UGH! THEY ALL HAVE THE SAME AMOUNT OF TALENT!

  7. Stan says:

    “He earns approximately $3.75M per month” gad zooks.

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