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View Full Version : Abreu waived his no-trade clause to join the Yankees



ChaseReds
07-30-2006, 06:22 PM
The Yankees got the big outfield bat and putching help they needed
for a playoff push on Sunday, acquiring right fielder
Bobby Abreu and pitcher Cory Lidle in return for four players.

The Yankees will send the Phillies 20-year-old minor-league shortstop C.J. Henry -- their No. 1 pick in 2005
-- and 27-year-old left-handed reliever
Matt Smith. The Phillies will also receive minor-leaguers catcher
Jesus Sanchez and right-hander
Carlos Monasterios, while the Yankees will
take on responsibility for Abreu and Lidle's contracts.

Abreu is owed $15 million for 2007 alone.
Abreu could have exercised his no-trade clause and kill
the deal, as his agent said recently that any team
expecting to acquire Abreu would have to pick up
his $16 million option for 2008 in order for a trade to go through.
However, the Yankees wanted Abreu under the expectation
that they would only be paying the $22 million owed on his deal
through 2007, and told the Phillies to negotiate any deal required
to waive the no-trade clause.
A source with knowledge of the deal
told ESPN Insider Jerry Crasnick
that the Phillies will pay Abreu $1.5 million in exchange
for waiving the no-trade clause and accepting the
condition that the Yankees will
not pick up his option for 2008.

The source also said that Abreu would have accepted a similar
deal to the New York Mets, Boston Red Sox and Los Angeles Angels.
Not including that payout, the Phillies could save as much as
$23 million on Abreu alone.
Abreu was in the Phillies' starting lineup Sunday
but was pulled for Shane Victorino 10 minutes before
their game with the Florida Marlins. In the fourth inning, he
was seen in the Phillies' dugout, still in uniform, hugging teammates.
The deal tentatively called for the Phillies to receive
one minor-league player -- Henry -- and another from
a list of players. But Stark reported the Phils received
two players because they agreed to take Sanchez
and Monasterios from the Gulf Coast League.

Abreu is hitting .277 with 8 home runs and
65 RBI in 99 games. He has a career batting average
of .301 with 198 home runs and 841
RBI over 10 seasons.

Lidle, a right-hander, is 8-7 with a 4.74 ERA in 21 starts
in 2006. In eight seasons he has a career mark of 78-69 with a 4.54 ERA.

redsfan4445
07-30-2006, 08:51 PM
He was given $1.5 million to waive is no trade clause.. life must be tough huh?>

RedsManRick
07-30-2006, 08:55 PM
If Yanks drop Damon in the orde and go:

Jeter
Abreu
ARod
Giambi

that's just sick...