logo
#

Latest news with #CompetitiveBalanceTax

After trading Rafael Devers, here's how the Red Sox's 2025 CBT payroll looks
After trading Rafael Devers, here's how the Red Sox's 2025 CBT payroll looks

Time of India

time14 hours ago

  • Business
  • Time of India

After trading Rafael Devers, here's how the Red Sox's 2025 CBT payroll looks

Image Source: Getty The Boston Red Sox made a huge trade on June 15, 2025, sending star player Rafael Devers to the San Francisco Giants. This significant move altered their team's and financial plans for 2025. By trading Devers' expensive contract, the Red Sox now have more room to spend. Let's look at how this trade affects their 2025 payroll and what's next. Red Sox trade Rafael Devers and gained payroll flexibility Boston traded Rafael Devers, their key third baseman and hitter, to the Giants in a surprising deal. They got pitchers Jordan Hicks and Kyle Harrison, plus prospects James Tibbs III and Jose Bello. The Giants took all $271.153 million left on Devers' 10-year, $313.5 million contract, which started in 2024. Boston only paid $42.347 million, including $12.847 million this year. Devers' contract added $29 million each year to Boston's payroll for the Competitive Balance Tax (CBT). After the trade, Boston's 2025 CBT payroll is now about $232 million, just under the $241 million limit, a team source said. This leaves the Red Sox with additional funds to use in the future, particularly in 2026 and after. They have intentions to acquire players before the trade deadline that may have their payroll exceed $241 million by the end of 2025. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Giao dịch CFD với công nghệ và tốc độ tốt hơn IC Markets Undo This trade helps them plan for big moves in the future. Also Read: "All time overhyped prospect": Yankees fans lose patience with Jasson Dominguez after embarrassing mistake against Red Sox What the trade means for Boston Red Sox's 2025 roster This trade brings new players to Boston, but it also changes their team plans. Jordan Hicks, part of the trade, has $32.056 million left on his four-year, $44 million contract. His 2025 CBT cost is about $6.2 million, then $11 million each year for 2026 and 2027. Kyle Harrison, sent to Triple-A Worcester, doesn't add much to the payroll yet but could help the pitching staff later. Prospects Tibbs and Bello won't cost much now since they're not in the major leagues. Boston has been good, with eight wins in their last 10 games, but losing Devers at the plate will be a setback. In 2025, he hit .272 and also smashed 15 homers. Young players like Kristian Campbell and Marcelo Mayer need to step up. With Alex Bregman leaving after 2025, Boston might use the money saved from Devers to sign new players. This trade sets them up for a busy offseason to keep competing.

‘He wants to be that guy': Alex Bregman remains unsigned. The Chicago Cubs remain an intriguing destination.
‘He wants to be that guy': Alex Bregman remains unsigned. The Chicago Cubs remain an intriguing destination.

Chicago Tribune

time12-02-2025

  • Sport
  • Chicago Tribune

‘He wants to be that guy': Alex Bregman remains unsigned. The Chicago Cubs remain an intriguing destination.

MESA, Ariz. — Jameson Taillon paused for a few seconds, digesting the question. Third baseman Alex Bregman lingers on the free-agent market as major-league pitchers and catchers report to spring training this week. Two of his former Houston Astros teammates have new homes with the Chicago Cubs, making them a naturally intriguing destination given the lack of an established player at Bregman's position and how he could boost the organization's quest to win the division and return to the postseason. Taillon was asked if the presence of slugger Kyle Tucker and veteran reliever Ryan Pressly has led to the recruitment of Bregman, who would give the Cubs more proven production at third base where top prospect Matt Shaw begins camp as the front-runner to win the job. 'I don't know about recruiting, but I know those guys speak very highly of them, and I've definitely heard them communicate that out loud,' Taillon said Tuesday. 'I don't know what's going on behind the scenes as far as recruiting. Obviously, he's an incredible player. Just getting these guys from Houston, like, that team went on a crazy run for a lot of years. … I think that's pretty cool to add to this room, just winners, people who expect to win. And again, that kind of goes back to voicing expectations and stuff, like, these guys want to win and obviously Bregman has been a big part of that team.' Taillon remembers being on the receiving end of Bregman's ability to seize the moment. In a June 2022 start against the Astros in New York, Yankees fans raucously booed Bregman during his first-inning at-bat, a regular occurrence at Yankee Stadium following the revelation of the Astros' 2017 sign-stealing scandal. As the boos rained down, Bregman took Taillon deep for a three-run home run. 'It seemed like any time they were getting booed really loudly, he always came through,' Taillon said. 'A guy who's played in big moments, he's a championship player, would deepen our lineup, he's got great at defense at third base, so I don't know where things stand with all that but obviously he's a great player, he has tons of awards and accomplishments in this game.' The price will have to be right for the Cubs to commit to Bregman, and that would almost certainly mean a contract that is not the type of long-term deal the 30-year-old has been seeking. The Cubs are approximately $31 million under the Competitive Balance Tax threshold for 2025. They can afford to wait out the situation similarly to how they handled Cody Bellinger's free agency last offseason, ultimately signing him to a three-year deal with two opt-outs in late February when spring training was underway. Pressly spent six seasons in Houston with Bregman and considers him one of his buddies, describing the two-time All-Star and Gold Glove Award winner as a special guy, adding the Astros organization would echo that sentiment. Pressly said he would love to see Bregman join him and Tucker in Chicago. Pressly, though, has kept his conversations with Bregman centered more around asking how he's doing and what he's hearing versus telling him to come to the Cubs. He knows Bregman must make the best decision for himself and his family, but 'would I like to play with him? 1,000%.' 'He's super competitive, he wants to win, and it doesn't matter what it's at,' Pressly said Tuesday. 'He wants to be that guy and to have him in this clubhouse would be pretty special. … Having more guys in the clubhouse who have been there and done it rolls off onto the younger guys, and it shows a winning tradition. And when you can have that in the clubhouse, you start to build on it. 'Whatever happens with Breggy, I'm always going to support him no matter what. I just hope I can support him in the same clubhouse.'

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store