Chad Gaudin has been placed on waivers by the New York Yankees. Mike Axisa of River Ave. Blues covered this earlier this morning. Worth a read. Check it out.

Here’s just one interesting part of the financial breakdown:

1. Someone claims him. The waivers are irrevocable, so whoever claims Gaudin will get him and his entire $2.95M salary, no questions asked.

2.He clears, and the Yanks send him to the minors. They’d still owe him his full salary.

3.He clears, and the Yanks choose to flat out release him. They’d still owe him 45 days              termination pay, which would be $737,500 according to Ken Rosenthal.

My Reaction:

This move means that the Yankees will keep Sergio Mitre. Mitre is only owed 750K this season, making him viable, cheap option. Whether a team picks up Gaudin remains to be seen, but it’s never good to lose an arm solely on financial constraints. Hopefully Gaudin clears and can be placed in Triple A, pending the inevitable pitching injury.

Is This A Good Move By The Yankees?

View Results

Loading ... Loading ...

Your email:


Photo Credit: