Vernon Wells Officially Sent to New York Yankees as Los Angeles Angels Try to Stay Under Luxury Tax
In a move that will rid the Los Angeles Angels of one of MLB’s most disastrous signings in recent memory, the franchise can now officially move on after the Vernon Wells trade was finalized on Tuesday, according to the Associated Press. The deal sends Wells to the New York Yankees for two minor leaguers in outfielder Exircado Cayones and pitcher Kramer Sneed.
Wells had compiled batting averages of .218 and .230 in his two seasons with the team, without getting on base much otherwise and falling well off the defensive form that saw him win two Gold Gloves with the Toronto Blue Jays. Suffice to say, he’s hardly warranted the $126 million deal he inked with the Angels in 2011 — but he will still be paid it.
One of the great advantages of this trade for L.A. is the instant flow of checkbook relief it provides. The Angels will still pay $28.5 million of Wells’ deal over the next two seasons, but that saves a cool $13.5 million off of the original tally of $42 million through 2014.
The Los Angeles Times notes that this is a huge deal when it comes to getting under the luxury tax threshold in the immediate future, needing to finish this season under $178 million to avoid luxury-tax penalties.
Sneed retweeted the news when MLB announced that the trade had officially gone through. Of course, such a report couldn’t make it through the Twittersphere without hitting a patch of snark. @MMaggieBrockk replied to the tweet with a terse brilliance that captures how Angels fans feel about the Yanks right now.