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Dodgers Rework Andruw Jones Deal

SATURDAY, 11:23am: Buster Olney's sources tell him that Jones will receive the $15MM he's owed in 2009 over the next six seasons, without interest. Apparently the Dodgers are likely to call the Braves, Reds and Mets about potential trades. One source familiar with the discussions said it's virtually certain that the Mets won't be interested.

11:55pm: Bill Shaikin of the L.A. Times says the deal cuts Jones' 2009 salary to about $5MM.  The Dodgers agreed to trade or release him; interested teams may prefer to wait for the latter.  Shaikin says the Jones restructuring is independent of the Manny Ramirez situation.

7:51pm: Ken Gurnick of MLB.com reports that the Major League Players Association has approved the contract agreement, which will defer Jones' remaining salary.  According to an industry source, Jones will either be traded or released before the start of spring training and perhaps sometime this month.

FRIDAY, 2:38pm: SI.com's Jon Heyman says the Dodgers and Jones have agreed to rework his contract to save the team $12MM in '09.  Jones is likely to play for another team in the coming season.

THURSDAY, 9:55pm: As pointed out in the comments section below, Andruw's '09 salary could be deferred across several years and would thus gain interest, resulting in a higher total payout.  That could work for both sides.  A blog called Fantasy Sports Experience recalls a similar situation with the Mets and Bobby Bonilla in 2000.

9:40pm: Ken Gurnick of MLB.com has confirmed that Jones' contract is being reworked.  It could be an extension or a deferred buyout. 

9:00pm: I just spoke with Simers, who tells me that the Dodgers "would do the deal with Scott Boras."  Jones' 2009 salary "would be reduced to make him attractive" to possible suitors in a trade.  And the agreement would essentially free up money on the Dodgers' side that would head directly towards Ramirez, another Boras client.  But it's still unclear why Jones would want to take the paycut.  Is Boras going to pay the man out of his own pocket?  This kind of dealing is unheard of in the sports world, but you can never doubt the almighty Scott Boras.

8:38pm: T.J. Simers of the L.A. Times has heard that the Dodgers are working on a deal to unload outfielder Andruw Jones.

Simers claims that the deal would save the team $12MM and "send the guy, who couldn't hit a thing, seeking employment elsewhere."  Jones is in the final year of a two-year contract and is set to make around $15MM in '09.  He's not just going to forfeit that money, so it's not exactly clear what kind of a "deal" the article is speaking of.  A trade?  Buyouts don't typically happen in baseball.  Nonetheless, Simers is onto something and it appears the Dodgers are readying the cash to make an offer to Manny Ramirez.


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Comments

smart move...

Get it done Ned.

like now dude.

Never heard of a buyout in baseball before, I mean, it makes some sense if it's allowed.

But, If they can get Jones, who is due about 22.1 million when you included the remaining signing bonus that he is due, to accept only about 12 million to go away, that would be some sort of miracle on their part.

As a side note, I wonder what the Mets could get Castillo to take to go away ;)

did the dodgers find a wait out? Highly doubtful. Colleti isnt that smart.

I doubt there is anyway the players association lets something like this fly.. even if Jones was stupid enough to ditch ~10 million dollars.

Wow.. 22 million owed to Jones. Has to be the worst 2009 salary in baseball right now.

Interesting, didn't know this kind of thing was possible with a contract. If so you would think more teams would look for a way out of bad contract.

I wish the Yankees could have done this with Giambi and Pavano.

Can someone tell me what happened to Andruw Jones??? Did he lose his defense also ??? How can anyone tell he will not regain his form?? He will never be a hitter for a high average but if he regains some of his form as a Yankee fan without a clear cut center fielder ...I think he's a no lose risk..

Not to nitpick, but not once in that report you linked do they have the word "Buyout" mentioned. It says they are working on a deal which could save them 12 million, which could be anything, a trade (Of course it doesn't mention if there's any salary coming back in such a trade), possibly a buyout.

The players union would never let this fly.

This is Simers talking...pure sarcasm. What player gives away $10 mil?

No, that's not nitpicking. You're right. My mistake. I was thrown off by an e-mail tip. Thanks, AdropOfvenom.

Why on earth would Andruw Jones agree to this? All he has to do is show up for a year and he gets all of the money. He can agree to the deal, get less money and be banished from the players association for life.

The reason the A-Rod to boston deal didn't happen is because the Players Association refused to permit Rodriguez to have his contract slightly reduced.

Maybe the Dodgers could agree to give Jones the same amount of money but paid over say the next 10 years, with interest.

1. yanks should sign him. is it a low risk, high reward?

2. if ur gonna buy him out for 12 mil why not trade him and pay the 12 mil and get something back that can produce within the confines of a baseball field?

3. what would he recieve in this current free agent market? over under 4 mil a year?

call me chipper
would you want to be known as the stephon marbury of baseball?? lol...........i would!!!

So if even if the Dodgers offer to pay somebody $12 million to take Andruw off their hands, that team has to be willing to offer him a) a roster spot and b) between $3 mm and $10 mm (depending on whether the accepting team has to pick up his signing bonus).

So he still won't be cheap. And he'll still be bad.

I agree with those that think if he was to be bought out (which really is not happening for the reasons stated), that the Yanks should take a chance.

pvilly131,

What would he receive in the current free agent market?

I have no idea. At this point he looks like (possibly) Dave Kingman who might or might not be a very good glove man.

What is that worth?

Simers is in la-la land on this one.

Unless the Dodgers' Players Manual states that a player can be fired "for any reason or no reason," this ain't gonna happen.

Offer to pay him $18 million and you *might* get somewhere.

@ink-stained scribe: $4 million.

well if he would get 8 million from the dodgers if he signed for 4 million he just made 12 million in one year. Also Andruw Jones has said many times he doesn't want to play in a cold weather town..sooo scratch off NY teams and etc. Also if i had to put money on it i would say he would resign with the Braves for a 1 year deal and try to reclaim his career. Also speaking he has already said in a report earlier this year he would like to return to atl.

"you can never doubt the almighty Scott Boras."

Well said, Mr. Silva.

It might be a bad contract swap you swap his contract for someone who has a ridiculous contract also but not as bad.

this thing has become a financial and cultural disaster.

After looking at the Braves offer sheet to Furcal, it doesn't surprise me at all to see something like this done by the codgers gm. The guy has brass nads but is a real jerk. I hope Jones sticks it to them good.

Cosmo, that is an absolutely terrible proposal. That would never fly for one, and two, the Padres would never do that trade as they would be getting completely ripped off. Not to mention, who would the Mets get for Delgado?

Mets should just try to do the Castillo for Jones deal that was rumored to be discussed a week or two ago. That would fill some needs for both teams, as Jones could slot into RF for the Mets, and the Dodgers get a 2B after Kent leaves.

This is weird.

From what you describe Drew Silva, it sounds like an agreement to defer some of the money owed to Jones.

They could, theoretically, take 12 million off the payroll for next year (With Player/Agent consent of course), and agree to pay it (With Interest) spread evenly over 2011-2016, for example.

Can we please get Cosmo Kramer off of this site? His comments are nothing more than clutter.

Cosmo Kramer always jokes. I think.

Wow, im confused on how this would all work out. But if we could give manny what he wants while getting rid of andruw it sounds damn great!

Cosmo Kramer has made me 5x dumber just by reading that absurd trade proposal.

AdropOFvenom: That's a thoughtful idea. Also a bit unprecedented though, eh?

And Doody: I'm right there with you, brother. This is indeed weird.

Just a note...according to Cots Baseball Contracts, Jones is making an additional $2.1 million in signing bonuses, increasing the total liability to $17.1 million. As I've charted pitchers against Jones many times in 2008, the guy can't hit a breaking ball. Changing batting stances never helped his cause.

I will believe this when i see it. Kramer dont ruin the good name!

is it safe to say that andruw jones' next team is his last shot?

and who takes a flyer on him?

I actually can see Jones agreeing to "give back" some money. He has stated he wants traded and if he doesn't get any playing time with the Dodgers this year he will be out of baseball. It's in his best interests to go where he can play.

Sounds like shady dealing between Ned and Boras, the 2 slimeballs of the MLB.

The money they would move off the books on Jones' 2009 contract would be deferred, which happens more often than people think. When a player agrees to restructure a contract, that's all they are doing, moving it from one year to another, including deferring money to future years after the player is likely retired. The Collective Bargaining Agreement doesn't allow players contracts to be renegotiated for a lower dollar amount. The Dodgers will still be on the hook for the full amount, just not all due in 2009.

This won't happen, because neither Jones nor Boras would accept him being worth anything less than 20million a year, when he isn't even worth league minimum.

Dodgers are stuck with him, and he will unemployed after this year.

As pointed out, you can't "Give Back" money, the MLBPA prevented A-Rod going to Boston years back over the same issue.

I don't think they'd have a problem if a player wanted to defer part of his contract though, as he's still getting paid (Slightly more if you count interest), just structured differently.

The only thing in the Dodgers favour is if they play the real hard line, which they won't they could possibly force Boras into a tough situation given he represents Manny.

Dodgers next offer to manny should be 2/40, and not a cent higher.

AdropOFvenom: Yeah, the MLBPA might let Andruw agree to defer most of his salary, espcially if the Dodgers added a few extra bucks as an "inflation escalator." Hadn't thought of that.

Under those circumstances, a team might take a flyer on him if they had to commit only a few million bucks for one season.

By doing so, of course, Coletti would be conceding that he made a really big mistake signing Andruw. Then again, the Pierre contract was dumb, too.

like I said before...for the yanks its a no lose situation...trade melky for jones, make the Dodgers pay almost all of his salary and put andruw in center..maybe with the right protection in the Yankee lineup he will put up better numbers...by the way nobody answered me as to wether his defense was lost also...wasn't he considered a decent outfielder ??

Remember though that Manny, Dunn, Abreu, Bradley are all on the market, this doesn't get solved anytime soon if at all, because I have no idea why any team would be interested in him. If i were a GM, I would need the Dodgers to pick up most of the money, and chip in at least an A-level prospect.

I get Billingsly and Jones and the Dodgers get some salary relief.

Thank you guys for making sense of all this.

Jones is owed 22.1 Million.

Dodgers say they will save 12 million. If I am reading that correctly, saving means it will never be paid.

So they would essentially only be paying him 10.1 million and Jones is just giving away 12 million.

Why on earth would Jones do this? Scott Boras knows there are no suitors for Manny at a price tag over 20 million and he is trying to pull this act of insanity?

This is getting weirder by the second...

Theo, I think the Dodgers think another team is going to pick up 10million, which is laughable.

quintjs they should offer 2/38. I want him to get less than what the sox offered. Teach Boras and Manny a lesson. Players/teams need to honor the contracts.

The problem is the Dodgers don't want players in return, they want salary relief. They are not going to take on most of the burden. The above example of Melky is classic, Melky wouldn't see a game ahead of Kemp, Manny, Pierre and Ethier.

The Dodgers want to unload money, thats it and in this market it isn't happening.

Kramerica, that is even a better offer, If i were the Dodgers no way would I offer more than the 2/ 45 - they should punish him for his antics and not returning the phone call.

But do you trust the Dodgers? they gave Jones this contract which was stupid at the time, I can see Manny get 2/52 from the Dodgers to be honest.

Why is this being allowed? A few years back didnt the MLBPA refuse to allow A Rod to rework his contract in a deal to be traded from Texas to Boston?

What's funnier/more painful than Andruw Jones?
TJ Simers being treated as a writer as opposed to a satirist. No offense Drew!

even the MLBPA probably can concede anything that gets Jones out of LA is good for Jones, he isn't playing in LA and therefore hurts his long run value. If he doesn't get out of LA, I can see this being his last major leauge contract, maybe he gets minor league one but thats it.

A-Rod didn't need to take a pay cut to get playing time.

If you really want to dump his salary...

Sox get: Jones, Martin, Pierre

Dodgers get: Lugo

the MLBPA wouldnt let him just take a 10m paycut, but i believe they would allow him to reduce his base salary, and have incentives clauses that allow him to reach what his contract was.

But a club that just let 9 free agents (Penny,Lowe, Beimel, Saito, Maddux, Kent, Chan Ho Park, Nomar, Manny) is crying about $10m?

melky makes next to nothing ?? Why wouldn't the dodgers bite since he is also a trading chip..

The mechanics of this deal could go something like this. Say the Dodgers wanted to reduce Jones's salary to 5 million. They would use the remaining money owed to him to purchase an annuity from an insurance company (similar to what state lotteries do). The annuity contract would then pay Jones at a certain rate for a certain time. For simplicity's sake, let's say it will pay 1 mil a year for 16 years. The result is that Jones has a 5 mil salary, which is then more tradeable. They could also decide to buy him out fully using a similar purchase of an annuity. I would assume that for salary cap purposes, the Dodgers would be "on the hook" for whatever they reduce Jones's salary to, plus the cost of the annuity. Hope this helps.

queenscat, he isn't much of a trading chip, especially when everyone would know the Dodgers would have to trade him.

Kemp, Ethier, and Pierre are all better players, and 2 can play CF. Kemp and Ethier make the same amount too.

The players association would not even let him reduce his salary, why get paid less, Jones couldn't reach any incentive level.

"melky makes next to nothing ?? Why wouldn't the dodgers bite since he is also a trading chip.."

Better question... why would the yankees make that trade. Melky is an average player... but frankly that's better for the yankees than gambling jones has something.

just kind of hard to believe that someone with that much talent just forgot how to play...

Nobody is giving anything for Jones until he proves he can still play. He's in the winter league now and "is hitting .188 through five games with three singles and eight strikeouts in 16 at-bats." And he still has the WBC and Spring Training, if he regains something he'll get traded, if not he'll be in dodger blue

"the MLBPA wouldnt let him just take a 10m paycut, but i believe they would allow him to reduce his base salary, and have incentives clauses that allow him to reach what his contract was."

No they wouldn't. This is crazy, I've never heard of this happening in baseball before. I don't understand why Jones does this, unless he retires.

And if the Yankees don't want Mike Cameron at 10 million, I doubt they want Andruw somehow -___-

If my figures aren't exact, forgive me, but whatever Jones is owed can be deferred using the purchase of an annuity to make it work. Jones will still be paid full value, but just get it over a much longer period of time.

I also think that melky has some value...wasn't Minnesota asking for him in the Santana trade scenarios?? Someone would bite on him being that he makes little money, has a great arm and has shown to be able to play in pressure situations .

plus deferred money is future income, income he won't have unless he starts playing, becuase no one is going to sign the guy next year unless he starts playing good again.

Reading between the lines... if Boras is working this deal to apply the money to Manny's contract...that means the Dodgers have Manny locked up!

Queenscat, Melky's value decreased after a poor season, and he wasn't a main piece in any Santana deal, it was "also Melky and.."

Boston just had a hard time trading Crisp, who had a better season, including a good postseason and is better in CF - only one or 2 teams interested. CF is a full position, no one is shopping for CF's anymore.

I dont understand why they need salary relief to sign Manny? Does this mean they couldnt afford the offer they already made? Or are they planing on offering another short term deal but with a higher annual salary? Or the offer they made was an offer they knew Manny would refuse

Just to complicate matters a little more, the MLBPA should balk if the final payout to Jones does not equal 22 million in present day dollars. But as long as the annuity contract is constructed correctly, Jones will get more money over time, but equal to the present value of 22.1 million (as a dollar today is worth more than a dollar 20 years from now, because you can put, for example, 50 cents into a bank account and, with compound interest, get a dollar in 20 years).

you have a point..forget melky...make it a prospect ...just saying that I think Jones is a low risk high reward gamble..how the hell did this guy go from basically an elite name to buyouts?? What happen to him, any opinions??

i've from my sources that the dodgers will be paying jones 10 million this year while spreading out the other 12 across the next three yrs at 4 mil a piece.

MRam wants to play in LA...the Dodgers want AJones gone...Boras knows the only team that will go higher on MRam is the Dodgers.

So, for the first time it seems as if a GM is working Boras. He is making Boras throw AJones under the bus to MRam gets his 4yr deal at $22M-24M/yr. No other team will go that far for MRam. Really for the first time it seems as if Colletti is actually playing the part of an MLB GM...and you can bet no small part is payback for the Drewish Princess opt-out after telling Colletti he was staying (not that the team was not better off w/o the Drewish Princess).

Boras has an image and reputation problem after the ARod thing last year (even if it was actually scripted by Boras as I have felt all along)...anyway, Boras needs to give something this go around to even keep the guys he has now.

It's an interesting "turn of a friendly card"...so to speak.

He got fat, lazy, and rich.
He wasn't a young kid trying to provide for his family anymore, he got his paycheck and let his weight balloon to 260lbs, and it wasnt muscle. The weight caused him to lose bat-speed and the decline in the range.

thanks zack...didn't think he had blown up that much...how about the stories that he is in great sale this off season...is a talent thing or something that if he gets in the proper shape to be a ballplayer he can improve his game again?

Deferring Jones' salary reduces it in terms of real dollars, and given the current interest rate environment, any increase in the total payout may actually result in Jones receiving less in terms of real dollars than if he received all the money in 2009.

If I am Jones, I don't want my agent negotiating to alter my contract so that another of the agent's clients can benefit.

I'd say Jones' fall from grace can be attributed to his physical condition, he let himself go.

When he broke in with the Braves in 1998 he was listed at 170 lbs. He stayed around there through 2005 (51 HRs, 128 RBIs, Gold Glove). Then in 2006 he ballooned to 210 and is now listed at 240.

In addition, just from watching him play the last couple of years, it looks like he swings for the fences everytime. I'm not Tony Gwynn, but everything I've ever heard about hitting is you can't try to hit homers.

Lose 50 pounds and start trying to hit line drives up the middle and maybe we will see the old Andruw Jones again.

well rich...if your jones, do you sit on the bench the whole year at 22 mill or do you defer some of the money and hope to find a new team offering more pt in hopes to restore you career.

Rich, any deferral of monies owed would include a present value calculation to ensure that the payee receives the equivalent of present day dollars. Standard operating procedure in finance.

the talent is there, just hidden beneath 40lbs of fat. look at him, he has the body of Miguel Cabrera when he should be like Arod.
it's sad the dodgers cant force him to have a personal trainer and make him lose a bunch of weight this offseason.

DOES ANRRUW JONES FOR HIDEKI MATSUI MAKE SENSE?

What's even more sad is that he is letting his career go down the drain which is more the reason why he's a good risk...I'm sure he sees everything being written about him..isn't that and walking into a walk year enough motivation!!

"send the guy, who couldn't hit a thing, seeking employment elsewhere."

Could they sell him or trade him to Japan? NPB seems to love former sluggers.

the annuity idea makes a lot of sense. Jones gets his money, deferred with an inflation hedge, and gets traded to a team where he'll get some playing time. There's got to be an end-of-the-rotation pitcher out there that the dodgers can get in return. Or even a prospect or two. Anything would be an addition over Jones' contribution to the dodgers over the past two years. Is there an open roster spot in Pittsburg? Kansas City? Oakland? Seattle? Anywhere?

Sell him to Japan? Not such a nutty idea, I suppose.

QUEENSCAT, Andruw had plenty of "motivation" during his last contract year -- 2007 -- and he was awful.

Makes me think he's a very old 31 going on 32 and he's never going to be an offensive force again.

Andrew was finished when he left the Braves. this is one that Scott Boras got by on this one,you might as well say Amdrew pulled a robbery on the Ned, Just like Hampton rob the BRAVES,when he signed with the Astros,good luck with them two players,never in the Braves plans again

Andruw Jones for Adam Eaton and Geoff Jenkins and/or Matt Stairs.

CutMe,

1. I was being sarcastic because to get rid of Jones, you have to give up something else with him.

2. If Manny is signed, LA owes close to 60 million to outfielders who will be sitting on the bench.

CutMe,

It's a smart move to overpay for a guy to keep him happy?

Why would you want a guy on your team who puts himself ahead of his teammates, organization, community, etc.

Plain and simple ...jones is a sad case!!! Seems like yesterday when he hit the 2 homers in the WS vs. The yanks for the braves....would be a nice comeback story!

Quick someone get Igawa's agent on the phone and see if we can spread his 12 mil owed over a 30 year perioud!!?? That would work out to be $33,333.00 a month plus interest!!!

I was going to also say that the situation regarding Andruw Jones is quite similar to the reconfiguration of a contract that Bobby Bonilla got while playing for the NY Mets in 2000. If this allows the Dodgers to pursue Manny Ramirez, then kudos to Ned Colletti

cutmeibleedblue: I agree with you 100%. Let Man-NY save face and give him a guaranteed 25 mil or better per year w/ no options. Make him happy and let him go out and hit .320/.400/.550 w/35+ hrs and a 130 rbis.

the talent is there, just hidden beneath 40lbs of fat. look at him, he has the body of Miguel Cabrera when he should be like Arod.
it's sad the dodgers cant force him to have a personal trainer and make him lose a bunch of weight this offseason.
_______________________

According to reports I heard he reported to the Dominican winter league in pretty good shape having lost a lot of weight. Getting his hitting and timing together after being off the field for so long might take some time though.

Manny was trying to get out of a contract with the Red Sox.

Manny was playing for a contract after he left the Red Sox.

While he was playing on the Dodgers he compared his stock going up like gas prices. Shouldn't he have been concerned with winning instead od FA dollars?

He and Boras did not contact the Dodgers when they offered Arb.

He and Boras did not contact the Dodgers when he was offered 2/45 plus option.

Now that there are no suitors, LA should offer more to keep him happy?


thats what I had seen also about him reporting in good shape..

DOES ANDRUW JONES FOR HIDEKI MATSUI MAKE SENSE TO ANYONE ELSE BUT ME??

Why the hell do you keep calling him Man-Ny? His name is MANNYWOOD!!!

I dont think the dodgers have any use for matsui...as a Yankee fan I wish!!!

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