While the Yankees aren’t expected to finalize their acquisition of Marlins’ outfielder Giancarlo Stanton until later this weekend, the terms of the deal have been reported. The Marlins will receive veteran outfielder Starlin Castro, minor league right-hander Jorge Guzman and infielder Jose Devers in exchange for Stanton and approximately $30 million. Per Joel Sherman of the New York Post, the $30 million will only be paid out in full if Stanton elects not to opt out after the 2020 season. The Yankees will absorb the remaining $265 million left on his contract. With the price break the Yankees are getting in the deal, MLB Network’s Jon Morosi reports that it’s likely they’ll be able to avoid going over the luxury tax threshold in 2018. After offloading Castro’s $7.57 million salary and taking into account the $25 million Stanton is due next season, the club is looking at a payroll increase of just under $17.5 million. Morosi adds that the $30 million the Yankees receive from Miami will be paid out in $3 million installments to help offset the luxury tax restrictions each year.
Marlins to receive Jorge Guzman, Jose Devers in trade for Giancarlo Stanton
Hardball Talk | Dec 9