Cubs sign Edwin Jackson, four years/52 million

[SenorGato]

A pitcher making 13 million a year wouldn't be so hard to trade, so I definitely don't think the bonus has anything to do with that.

[Doogolas]

You can also use the money you saved, with interest, to pick up his salary and make him more tradeable.

As long as MLB doesn't have literal cap room that you can't carry over, this line of thinking will remain incorrect.

I'm willing to bet that if Soriano was LITERALLY making, in the last two years of his deal, $5million per season, he would be gone. I don't think the money is as simple as 'well here's cash to cover it!' to other teams. Sure he's being paid for but I just don't think other teams look at it in quote that same way.

[Rynoplasty]

I'm willing to bet that if Soriano was LITERALLY making, in the last two years of his deal, $5million per season, he would be gone. I don't think the money is as simple as 'well here's cash to cover it!' to other teams. Sure he's being paid for but I just don't think other teams look at it in quote that same way.

I guess I've never really thought about it, but when you eat part of a player's salary in a trade, you're just sending money to cover it, right? So the other team is still technically taking on the full value of the contract as it relates to payroll and the luxury tax. Is that correct or am I completely off-base?

[Doogolas]

I guess I've never really thought about it, but when you eat part of a player's salary in a trade, you're just sending money to cover it, right? So the other team is still technically taking on the full value of the contract as it relates to payroll and the luxury tax. Is that correct or am I completely off-base?

I have no idea how that kinda thing works. Sounds reasonable. I'm just saying that I don't think it's as simple as 'here's cash it's totally the same as him having a 2 year 10 million dollar deal.'

[Rynoplasty]

I have no idea how that kinda thing works. Sounds reasonable. I'm just saying that I don't think it's as simple as 'here's cash it's totally the same as him having a 2 year 10 million dollar deal.'

Well now I'm really curious to know how it works.

That would explain why a team like the Yankees would be hesitant to trade for Sori even with us eating most of the contract, though. We can send a trunk full of cash with him, but they'd still technically be adding 18 million annual to their payroll while dealing with luxury tax issues.

[davell]

I'm not sure of luxury tax implications. My guess is if the Yanks are interested in Vernon Wells(as has been rumored) the money can be set up to where the salary is still paid by the other team and it doesn't count towards it. That said, I do know this: Any and all money being sent over in a trade has to be paid in full within 18 months of the date the deal is made. So, if the first part of my statement IS correct, it'd be impossible to do, if the player had more than 2 years left on his deal. Hell, the deal would have to be a midseason deal actually. Players get paid bi-weekly throughout the year, so the ramifications of dealing Soriano or Wells on June 30th of 2013, would allow my scenario to work, in avoiding the luxury tax. If dealt before then, it likely is penalized for only the time outside of that 18 month window.

[gocubs2118]

Does anyone know if this Edwin Jackson press conference is going to be on CSN?

Nevermind, here's a link http://www.csnchicago.com/live_cubs

[gocubs2118]

Edwin's wife is smokin' hot.

[croce_99]

cubs facebook page just posted a picture of Jackson and the Cubs jersey.
Not a lot of happy Cubs fans.
My favorite comment is: " I would rather sign younger talent. This is a signing just to boost attendance."



I don't think Jackson will be boosting attendance

[ABE32]

cubs facebook page just posted a picture of Jackson and the Cubs jersey.
Not a lot of happy Cubs fans.
My favorite comment is: " I would rather sign younger talent. This is a signing just to boost attendance."



I don't think Jackson will be boosting attendance

WOW...I guess there are some folks from here on that page then.

[croce_99]

WOW...I guess there are some folks from here on that page then.

I read the first 50 comments and I think 90% were pissed off with the signing

[croce_99]

http://www.facebook.com/photo.php?fb...0605658&type=1

[SenorGato]

cubs facebook page just posted a picture of Jackson and the Cubs jersey.
Not a lot of happy Cubs fans.
My favorite comment is: " I would rather sign younger talent. This is a signing just to boost attendance."



I don't think Jackson will be boosting attendance

This fanbas scares the **** out of me. I'm glad this FO is used to such nonsense and can ignore it.

[OldStyleCubbies]

LOL people like this are why it's probably hard for most people on this site to talk Cubs baseball with any of our friends. We know too much...

[Yagyu+]

WOW...I guess there are some folks from here on that page then.

What's funny is that there are actually a few posts there from members of this site. They just happen to be the only reasonable comments. The PSDatabase knows.