Truth & Rumors > MLB
Phills looking to shed more salary
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08:21 AM ET 02.01 | Clearly one of the "haves" in baseball, Philadelphia has one little matter hanging over its head. The Phillies are so worried about avoiding the prestigious Luxury Tax Club that they traded their most reliable bench player, Wilson Valdez, last week to save a half-million bucks. ... Preliminary estimates place the Phillies' likely Opening Day payroll, for luxury-tax purposes, at approximately $180 million. The tax threshold for this year is at $178 million. So what's the only way they can avoid paying their taxes? By trading somebody who makes at least $2 million, of course. An exec of one NL club told Rumblings the Phillies have sent signals they could dangle pitcher Joe Blanton this spring.
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Cintia Dicker
Emily DiDonato


Comments (27) Add A Comment
Plenty of teams will take Halladay of their hands. Problem solved.
Hatrunner
Total Comments (1953)
It doesn't sound like signing Cole Hamels is on the horizon.
THE BISHOP!
Total Comments (13367)
You never, ever, ever, ever, ever, have enough pitching. Surely there is salary they can unload to keep Hamels (and even Blanton, if necessary) ... they've got enough hitting absorb a cheap good-field no-hit guy somewhere in that line up, if that's what it takes.
RFD
Total Comments (266)
Somebody will want Blanton for $2 million, of course that means the Phillies still pay $8.5M for 2012.
rdw72777
Philadelphia , PA
Total Comments (4)
This doesn't make much sense. They have Blanton coming off the books no matter what in 2013, which saves $10.5M. Since Cole's $15M is already part of their $180M total for 2012, it's not really that much to think they can give Cole that money (Not that they wouldn't, he's not worth $25M). Plus the baseline for the luxury tax goes up about $7M per year, so the number for 2013 will be $185M. In fact, it's not inconceivable that they sign Pence to a deal too next offseason if he performs well this year.
rdw72777
Philadelphia , PA
Total Comments (4)
We'll see Ruben.
THE BISHOP!
Total Comments (13367)
Joe Blanton is due$8.5 million in 2012. He is coming off injury. His ERA over the last four years with three different teams is near the 5.00 mark.
Dangle him all you want, nobody is going near him at that price.
50yearfan
Total Comments (11148)
Got to be strong to dangle blanton.
AllStarz Ruinating…
Total Comments (19284)
As a starter in the NL, in half of 2008 his ERA was 4.20, 2009 was 4.05 and 2010 was 4.69. Saying it's near 5 is kind of odd because he won't be a closer (which is what he was most in 2011 post-injury) and half of 2008 when he was in the AL.
Even then, if you average 2008-11 his ERA is 4.55. Saying a 4.5 ERA is 5 is like saying a .250 hitter bats .300, its pretty bad rounding.
rdw72777
Philadelphia , PA
Total Comments (4)
This is what he is now. In 2010 and 2011 he pitched 216 innings. Gave up 117 earned runs. That my friend is an ERA of 4.87.
That is what he is. A mediocre ( on a good day ) aging pitcher coming off injuries with an ERA approaching 5.00 at a cost of $8.5 million next year.
You could not give the guy away unless you ate $7 million of that contract and traded for a soda machine in exchange. He will be dangling a long time. In Philly.
50yearfan
Total Comments (11148)
They tried to dump Blanton last year and got no takers.
50yearfan
Total Comments (11148)
the phillies need to trade lee, and halladay to the yankees or to the cubs, their financial problems will be gone in a heart beat!!!
alacran
Total Comments (14420)
You're wrong on Blanton, but it won't matter. He'll pitch fine as a 5th starter and someone will want him. he's going to be back to his innings-eating self.
rdw72777
Philadelphia , PA
Total Comments (4)
the phillies are becoming and crying baby's lately, wonder what really happen? are they trying to imitate the yankees???
alacran
Total Comments (14420)
whoever take blanton should be for a minor league player, blanton salary the phillies should pay for!!!
alacran
Total Comments (14420)
suddenly every big spender its acting very well educated, next year hamels would be going to the free agency
alacran
Total Comments (14420)
and this year won't be the exception
alacran
Total Comments (14420)
best thing for the phillies, they will turn loose hamels, by not offering him any type of contract!!!
alacran
Total Comments (14420)
if the phillies turn around and try to trade cliff lee to the yankees, he may as well quit the basebnall career!!!!!
alacran
Total Comments (14420)
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