Tag

Salary Dump

All articles tagged with #salary dump

sports1 day ago

Cardinals Trade Nolan Arenado to Diamondbacks to Kickstart Rebuild

The Cardinals traded Nolan Arenado and cash to the Diamondbacks for minor league right-hander Jack Martinez, with Arizona taking about $11M of Arenado’s remaining $42M over the next two years (Rockies paying $5M, Cardinals $26M). Arenado, 34, has declined offensively but remains a strong defender; the move clears payroll for STL’s rebuild and gives Arizona a veteran third baseman in a more hitter-friendly park, while the return is modest and could free up room for additional moves by both teams.

sports2 years ago

Hawks' John Collins traded to Jazz in salary dump.

The Atlanta Hawks traded John Collins, a talented and young forward, for a soon-to-be 37-year-old Rudy Gay and a second-round draft pick, in a move that was deemed an embarrassing culmination of the past three years of rumors. While the trade makes sense from a financial perspective, it leaves the Hawks as a lesser team and puts pressure on the new front office to improve the roster while gaining payroll flexibility. Winning next season largely depends on how well the team acclimates to new coach Quin Snyder's system.