TSN TV Schedule TSN2 TV Schedule
MLB

Pitcher Thornton completes two-year deal with Yankees

{eot}
The Canadian Press
1/10/2014 5:17:57 PM
Decrease Text SizeIncrease Text Size
Text Size

NEW YORK -- Left-hander Matt Thornton completed his $7 million, two-year contract with the New York Yankees, who cut outfielder Vernon Wells.

Thornton gets $3.5 million in each of the next two seasons under the deal, which was agreed to Dec. 17 and announced Friday. His contract raises the Yankees' luxury tax payroll for next season to $175.7 million for 13 signed players.

Including a pending $2 million, one-year deal for second baseman Brian Roberts and an estimated $11.5 million per team for benefits, New York's tax payroll is at $189.2 million -- above the $189 million tax threshold for the upcoming season.

However, Alex Rodriguez's $27.5 million luxury-tax salary would disappear if his 211-game suspension is upheld by an arbitrator.

The 37-year-old Thornton replaces Boone Logan, who left for a $16.5 million, three-year contract with Colorado. A 10-year big league veteran, Thornton was 0-4 with a 3.74 ERA in 60 relief appearances last season for the Chicago White Sox and Boston, which acquired him in July for minor league outfielder Brandon Jacobs.

Wells, who was designated for assignment, was acquired last March from the Los Angeles Angels and hit .233 with 11 homers and 50 RBIs in 424 at-bats. The 35-year-old, a three-time All-Star, became superfluous when the Yankees signed Jacoby Ellsbury and Carlos Beltran to join an outfield that already included Brett Gardner, Ichiro Suzuki and Alfonso Soriano.

New York is responsible for just $2.4 million of Wells' $21 million salary in the final season of his $126 million, seven-year contract, with the Angels paying the Yankees $18.6 million as part of the trade last March.

A team that signs Wells would be responsible for just $500,000, the major league minimum.

Matt Thornton (Photo: Jim McIsaac/Gettty Images)

zoom

(Photo: Jim McIsaac/Gettty Images)
Share This

Share This

Add to FacebookAdd to DiggAdd to FarkAdd to TwitterAdd to Stumble UponAdd to Reddit
Print this Story



Baseball Canada

Keep up with the latest on Canada's national programs from the governing body for amateur baseball in Canada.


Baseball Canada Website

Podcasts

TSN 1050: The Baseball Podcast : Episode 17 - Aug. 6th

Scott MacArthur, Richard Griffin & Gregor Chisholm discuss quiet trade deadline for the Blue Jays, struggling rotation & potential Biogenesis fallout.

TSN 1050: The Baseball Podcast: July 30 - Episode 15

Scott MacArthur & Toronto Star's Richard Griffin preview the trade deadline, Blue Jays' needs & being on Boston as Jon Lester rumours ramp up.

TSN 1050: Blue Lunch: July 9 - John McDonald

LA Angels infielder, John McDonald joined Blue Lunch to discuss his career from the time he left Toronto to the present.


More Podcasts

© 2014
All rights reserved.
Bell Media Television