Headlines

  • Yordan Alvarez To Miss Time With “Pretty Significant” Ankle Sprain
  • Giants To Promote Bryce Eldridge
  • Mets Moving Sean Manaea To The Bullpen
  • Blue Jays To Promote Trey Yesavage For MLB Debut
  • Dodgers Place Will Smith On Injured List
  • Dipoto: Mariners Interested In Re-Signing Josh Naylor
  • Previous
  • Next
Register
Login
  • Hoops Rumors
  • Pro Football Rumors
  • Pro Hockey Rumors

MLB Trade Rumors

Remove Ads
  • Home
  • Teams
    • AL East
      • Baltimore Orioles
      • Boston Red Sox
      • New York Yankees
      • Tampa Bay Rays
      • Toronto Blue Jays
    • AL Central
      • Chicago White Sox
      • Cleveland Guardians
      • Detroit Tigers
      • Kansas City Royals
      • Minnesota Twins
    • AL West
      • Athletics
      • Houston Astros
      • Los Angeles Angels
      • Seattle Mariners
      • Texas Rangers
    • NL East
      • Atlanta Braves
      • Miami Marlins
      • New York Mets
      • Philadelphia Phillies
      • Washington Nationals
    • NL Central
      • Chicago Cubs
      • Cincinnati Reds
      • Milwaukee Brewers
      • Pittsburgh Pirates
      • St. Louis Cardinals
    • NL West
      • Arizona Diamondbacks
      • Colorado Rockies
      • Los Angeles Dodgers
      • San Diego Padres
      • San Francisco Giants
  • About
    • MLB Trade Rumors
    • Tim Dierkes
    • Writing team
    • Advertise
    • Archives
  • Contact
  • Tools
    • 2025-26 MLB Free Agent List
    • 2026-27 MLB Free Agent List
    • Contract Tracker
    • Transaction Tracker
    • Agency Database
  • NBA/NFL/NHL
    • Hoops Rumors
    • Pro Football Rumors
    • Pro Hockey Rumors
  • App
  • Chats
Go To Pro Hockey Rumors
Go To Hoops Rumors

This Date In Transactions History: Marlins Fire Sale

By Mike Axisa | November 24, 2012 at 11:17pm CDT

Two weeks ago, the Marlins agreed to send basically every player making decent money on their roster to the Blue Jays for a package of prospects. The 12-player blockbuster became official a week ago, leaving Miami with just three players scheduled to make $2MM+ in 2013. Ricky Nolasco ($11.5MM) and Yunel Escobar ($5MM) could both still be moved before the end of the winter as well.

This isn't the first time the Marlins have torn things down and rebuilt from scratch, of course. They did it immediately following their 1997 World Series win, then again a few years after bringing home the 2003 World Championship. On this date in 2005, the team officially swung a pair of trades sending three of their highest paid players elsewhere.

Trade #1: Boston Red Sox
Josh Beckett, then just 25, was coming off a 3.38 ERA with 8.4 K/9 and 2.9 BB/9 in 178 2/3 innings for Florida. He earned $2.4MM in 2005 and was due a significant raise in his second trip through arbitration, plus the team was unlikely to re-sign him long-term when he hit free agency after 2007.

Beckett had significant trade value, so the Marlins took advantage by attaching then-31-year-old Mike Lowell to him in talks. If a team wanted Beckett, they had to take Lowell as well. The third baseman slipped to .236/.298/.360 with eight homers in 558 plate appearances that year, but more importantly he was scheduled to earn $18MM total from 2006-2007.

Few teams could meet Florida's demand for a young shortstop, but the Red Sox were one of them. The two sides worked out a seven-player trade that sent Beckett, Lowell, and Guillermo Mota to Boston in exchange for prospects Hanley Ramirez, Anibal Sanchez, Harvey Garcia, and Jesus Delgado. The Marlins saved all $18MM owed to Lowell in addition to second- and third-year arbitration salaries for Beckett and a third-year arbitration salary for Mota. The trade worked out well for both teams as Beckett and Lowell helped the Red Sox to the 2007 World Championship while Ramirez developed into an MVP candidate and Sanchez became a rock solid innings-eater for the Marlins.

Trade #2: New York Mets
During the 2004-2005 offseason, Florida landed the top free agent slugger by signing Carlos Delgado to a four-year, $52MM contract with a fifth-year vesting option. The then-33-year-old hit .301/.399/.582 with 33 homers in the first year of the contract, good enough to earn him a sixth-place finish in the MVP voting. However, like the contracts of Jose Reyes and Mark Buehrle, Delgado's deal with the Marlins was heavily backloaded. He earned just $4MM in 2005, then his salary was scheduled to jump to $13.5MM in 2006, $14.5MM in 2007, $16MM in 2008, and potentially $12MM in 2009 if the option vested ($4MM buyout).

Rather than pay him that huge salary over the next three years, the Marlins traded Delgado to the Mets for three minor leaguers: Yusmeiro Petit, Mike Jacobs, and Grant Psomas. The Mets also received $7MM from Florida in the trade, but it was a drop in the bucket compared to the $48MM left on the contract. Delgado hit .265/.349/.505 with 100 homers during his first three years with New York, which was enough for the team to exercise his option even though it didn't vest. Jacobs had three decent years with the Marlins while Petit and Psomas flamed out, but the real get for the club was the $41MM in payroll savings. Combined with the Red Sox swap, the Marlins shed more than $59MM in contract obligations with these two moves seven years ago today.

Share 6 Retweet 54 Send via email0

Boston Red Sox Miami Marlins New York Mets This Date In Transactions History Anibal Sanchez Carlos Delgado Guillermo Mota Hanley Ramirez Josh Beckett Mike Jacobs Mike Lowell Yusmeiro Petit

Quick Hits: Upton, Figgins, Raburn, Rays, Orioles
Main
Cafardo On Stanton, Swisher, Red Sox, Sizemore
View Comments (0)
Post a Comment

Leave a Reply Cancel reply

Please login to leave a reply.

Log in Register

    Top Stories

    Yordan Alvarez To Miss Time With “Pretty Significant” Ankle Sprain

    Giants To Promote Bryce Eldridge

    Mets Moving Sean Manaea To The Bullpen

    Blue Jays To Promote Trey Yesavage For MLB Debut

    Dodgers Place Will Smith On Injured List

    Dipoto: Mariners Interested In Re-Signing Josh Naylor

    Anthony Volpe Playing Through Partial Labrum Tear

    Orioles Promoted Mike Elias Prior To 2025 Season

    Anthony Rizzo Retires

    Cubs Place Kyle Tucker On Injured List

    Blue Jays Place Bo Bichette On Injured List

    Phillies Place Trea Turner, Alec Bohm On Injured List

    Sean Murphy To Undergo Hip Surgery

    Trea Turner To Undergo MRI Due To Hamstring Strain

    Davey Johnson Passes Away

    Mets Option Kodai Senga

    NPB’s Kazuma Okamoto, Tatsuya Imai Expected To Be Posted For MLB Teams

    Shelby Miller Likely Headed For Tommy John Surgery

    Red Sox To Place Roman Anthony On Injured List

    Lourdes Gurriel Jr. Diagnosed With Torn ACL

    Recent

    Sandy Alcantara Is Finding His Old Form

    Rays Acquire Marshall Toole As PTBNL From José Caballero Trade

    Braves Claim Carson Ragsdale

    Royals Activate Cole Ragans From 60-Day Injured List

    Tigers Notes: Skubal, Bullpen, Vierling

    MLB Mailbag: Cardinals, Orioles, Astros, Schwarber, Casas

    Cardinals Shut Willson Contreras Down For Remainder Of Season

    Rays Select Cole Wilcox

    MLBTR Podcast: The Struggling Mets, Bryce Eldridge, And Trey Yesavage

    The Opener: Giolito, Raleigh, Cubs

    MLBTR Newsletter - Hot stove highlights in your inbox, five days a week

    Latest Rumors & News

    Latest Rumors & News

    • Every MLB Trade In July
    Trade Rumors App for iOS and Android App Store Google Play

    MLBTR Features

    MLBTR Features

    • Remove Ads, Support Our Writers
    • Front Office Originals
    • Front Office Fantasy Baseball
    • MLBTR Podcast
    • 2025-26 MLB Free Agent List
    • 2026-27 MLB Free Agent List
    • Contract Tracker
    • Transaction Tracker
    • Extension Tracker
    • Agency Database
    • MLBTR On Twitter
    • MLBTR On Facebook
    • Team Facebook Pages
    • How To Set Up Notifications For Breaking News
    • Hoops Rumors
    • Pro Football Rumors
    • Pro Hockey Rumors

    Rumors By Team

    • Angels Rumors
    • Astros Rumors
    • Athletics Rumors
    • Blue Jays Rumors
    • Braves Rumors
    • Brewers Rumors
    • Cardinals Rumors
    • Cubs Rumors
    • Diamondbacks Rumors
    • Dodgers Rumors
    • Giants Rumors
    • Guardians Rumors
    • Mariners Rumors
    • Marlins Rumors
    • Mets Rumors
    • Nationals Rumors
    • Orioles Rumors
    • Padres Rumors
    • Phillies Rumors
    • Pirates Rumors
    • Rangers Rumors
    • Rays Rumors
    • Red Sox Rumors
    • Reds Rumors
    • Rockies Rumors
    • Royals Rumors
    • Tigers Rumors
    • Twins Rumors
    • White Sox Rumors
    • Yankees Rumors

    Navigation

    • Sitemap
    • Archives
    • RSS/Twitter Feeds By Team

    MLBTR INFO

    • Advertise
    • About
    • Commenting Policy
    • Privacy Policy

    Connect

    • Contact Us
    • Twitter
    • Facebook
    • RSS Feed

    MLB Trade Rumors is not affiliated with Major League Baseball, MLB or MLB.com

    Do not Sell or Share My Personal Information

    hide arrows scroll to top

    Register

    Desktop Version | Switch To Mobile Version