XM MLB Chat

Wednesday, August 27, 2008

When the Red Sox agreed to trade for Alex Rodriguez, Dec. 2003

Words of Larry Lucchino, December 2003 on Alex Rodriguez' potential move to the Red Sox: Boston and Texas said they settled on all the players involved in the trade. The Red Sox and Rodriguez agreed to restructure the shortstop's $252 million contract, Rangers owner Tom Hicks said.

(Bud Selig wanted the new Red Sox owners to get Arod, so he threatened to overrule the players' union):

"The basic agreement contains a rule that requires any special covenant to be an actual or potential benefit to the player," Manfred said. "In a situation like the current situation, where there was a restructuring, where the player was getting something and the club was getting something, Gene Orza is not the final arbitrator on whether the restructuring provides an actual or potential benefit to the player. The commissioner currently is considering his legal options in consultation with the two teams."

  • While no one detailed the agreement between Rodriguez and the Red Sox, Boston president Larry Lucchino said the union proposed "radical changes."

The agreement called for some salary to be reduced and some to be deferred in exchange for giving Rodriguez the right to become a free agent earlier in the deal, a high-ranking baseball official said on the condition of anonymity.

  • Currently, Rodriguez can end the contract after the 2007 season. He also can end it after 2008 or 2009 unless he gets an annual increase from $27 million to either $32 million or $1 million above the largest salary of any position player.

"It is a sad day when the players' association thwarts the will of its members," Lucchino said.

  • "The players' association asserts that it supports individual negotiations, freedom of choice and player mobility.

However, in this

If Selig approves the restructuring and the union files a grievance to block it, the case would go to Shyam Das, baseball's arbitrator.

The posting on the "Sons of Sam Horn" site was by

  • Henry did not immediately return an e-mail seeking elaboration."...

Stumbleupon StumbleUpon

0 Comments:

Post a Comment

<< Home