Yankees acquire Giancarlo Stanton from Marlins

 
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PostPosted: Sat Dec 09, 2017 8:37 am    Post subject: Yankees acquire Giancarlo Stanton from Marlins

I see Jeter doing the Yankees a solid eh?

https://www.usatoday.com/story/sports/mlb/2017/12/09/yankees-acquire-giancarlo-stanton-marlins/922015001/

Quote:
Yankees acquire Giancarlo Stanton from Marlins

Giancarlo Stanton, the reigning National League MVP, will be traded to the New York Yankees in a blockbuster deal, according to a baseball official with direct knowledge of the deal.

The trade is still pending Stanton's approval, according to the person, but that is expected to be a formality, as the Yankees were one of four teams for which he was willing to waive his no-trade clause. The official spoke to USA TODAY Sports on the condition of anonymity because the trade has not been finalized.

In a stunning transaction that marks a vast turn from the Yankees' recent goals of financial austerity, New York adds the premier right-handed power-hitter in the game and suddenly has the major leagues' two leading home run hitters - Stanton, who slugged 59 home runs for the Miami Marlins, and AL Rookie of the Year Aaron Judge, who hit 52.

Now, both towering sluggers will take aim at Yankee Stadium's tempting right-field porch thanks to a deal - brokered in part by Yankees legend Derek Jeter - that will have ramifications for the next decade.

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The Athletic and Fan Rag Sports first reported that the Marlins and Yankees have reached agreement on the parameters of the trade. The New York Post reported that the deal includes a mix of veterans - including second baseman Starlin Castro - and non-blue chip prospects.

If it's similar to other deals the Marlins had in place, the Yankees will be prepared to absorb around $250 million of the $295 million left on Stanton’s contract over the next 10 years.

Stanton will become the second MVP to be traded the following off-season, the first since the Yankees acquired Alex Rodriguez from the Texas Rangers after the 2003 season - a move that also involved Jeter, who remained the Yankee shortstop while A-Rod moved to third base. He's now a part-owner of the Marlins.

The Yankees were one of four teams Stanton was open to a trade. The other three were the Los Angeles Dodgers, Chicago Cubs and Houston Astros — all league championship finalists in 2017.

Stanton, who just turned 28, had a full no-trade clause. He earned the NL MVP by the narrowest of margins after a career season in which he slugged 59 home runs, the highest total in the majors since 2001, and drove in 132 runs.

On Friday, both the St. Louis Cardinals and San Francisco Giants declared they were out of the running for Stanton. Each team had an agreement set with the Marlins to acquire Stanton, but he didn't waive his no-trade clause to accept either trade.

Stanton's preference was the Dodgers, who are coming off a World Series appearance and happen to be his hometown team.

He is the second All-Star to be dealt by new Marlins owners Bruce Sherman and Jeter in less than a week. The Marlins traded second baseman Dee Gordon to the Seattle Mariners for three prospects.
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lakers0505
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PostPosted: Sat Dec 09, 2017 9:16 am    Post subject: Re: Yankees acquire Giancarlo Stanton from Marlins

Good move for Stanton, also. I think the DH access will be good for him, he's had lower body injury concerns.
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lakersken80
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PostPosted: Sat Dec 09, 2017 10:01 am    Post subject:

And they can still afford Bryce Harper.....
They can fire Jeter tomorrow and he already did enough damage to the Marlins to last a decade.
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PostPosted: Sat Dec 09, 2017 12:44 pm    Post subject:

Jeter hooking it up
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PostPosted: Sat Dec 09, 2017 1:18 pm    Post subject:

lakersken80 wrote:
And they can still afford Bryce Harper.....
They can fire Jeter tomorrow and he already did enough damage to the Marlins to last a decade.


I don't think they can. They are picking up $235 million of Stanton's contract and Harper might get him $350-400 million himself in 2019.

Aaron Judge will be a free agent in 2023 and Stanton is under contract until 2028 (with an opt out after 2020, but I assume he doesn't go anywhere.)

An OF of Judge, Harper, and Stanton would cost them around $1 billion overall. I'm assume Judge gets close to $300 mil himself.
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lakersken80
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PostPosted: Sat Dec 09, 2017 1:59 pm    Post subject:

Freddie Buckets wrote:
lakersken80 wrote:
And they can still afford Bryce Harper.....
They can fire Jeter tomorrow and he already did enough damage to the Marlins to last a decade.


I don't think they can. They are picking up $235 million of Stanton's contract and Harper might get him $350-400 million himself in 2019.

Aaron Judge will be a free agent in 2023 and Stanton is under contract until 2028 (with an opt out after 2020, but I assume he doesn't go anywhere.)

An OF of Judge, Harper, and Stanton would cost them around $1 billion overall. I'm assume Judge gets close to $300 mil himself.


http://www.espn.com/mlb/story/_/id/21717080/new-york-yankees-miami-marlins-giancarlo-stanton-trade-talks

Quote:
Sources told ESPN's Andrew Marchand that the Yankees' luxury tax number for Stanton's salary will be $22 million or slightly less. When combined with what they'll save by unloading Castro's contract, the Yankees will fall under the luxury tax this winter.

The Yankees' payroll for purposes of baseball's luxury tax was about $209 million this year, and owner Hal Steinbrenner had promised to reduce it below next year's $197 million threshold, which would reset the team's base tax rate from 50 percent to 20 percent in 2019. That would put the Yankees in better position for next offseason's free-agent class, which includes Bryce Harper, Manny Machado and possibly Clayton Kershaw.
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Aeneas Hunter
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PostPosted: Sat Dec 09, 2017 6:44 pm    Post subject:

lakersken80 wrote:
And they can still afford Bryce Harper.....
They can fire Jeter tomorrow and he already did enough damage to the Marlins to last a decade.


That depends on what the Marlins got back in the trade.
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PostPosted: Sat Dec 09, 2017 7:42 pm    Post subject:

Let's go Yankeesss
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panamaniac
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PostPosted: Sat Dec 09, 2017 7:45 pm    Post subject:

Aeneas Hunter wrote:
lakersken80 wrote:
And they can still afford Bryce Harper.....
They can fire Jeter tomorrow and he already did enough damage to the Marlins to last a decade.


That depends on what the Marlins got back in the trade.


Starlin Castro + 2 mid level prospects. Very similar to the A-Rod trade back when he was with the Rangers. The move looks like mostly a salary dump. Miami was starting to feel buyer's remorse after inking Stanton to that enormous contract.
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