Wednesday, August 29, 2012

Show Me the Money




This past Friday, the Boston Red Sox and Los Angeles Dodgers put together an improbable trade that will surely alter the immediate future of both franchises. With Boston sending Adrian Gonzalez, Josh Beckett, Carl Crawford, and Nick Punto to Los Angeles, the Red Sox have eliminated about $250 million in salary through 2018 (the year Gonzalez and Crawford’s contract expire). In exchange, the Red Sox received struggling first baseman James Loney and 4 prospects with varying degrees of major league experience. The most promising among them is 23 year old pitcher Rubby De La Rosa, who has shown top of the rotation potential in limited appearances for the Dodgers. Loney should also shore up first base for the Red Sox until they figure out what they want to do in the long term. Although getting a ton of money off the salary cap was Boston’s primary motivation, this group of players should help the Red Sox out in the seasons to come.

The motivation for the Dodgers to complete is a little less obvious. Los Angeles clearly isn’t afraid to spend money; this trade coming after new owners bought the team for over $2 billion in May. Gonzalez is the prize, but the Dodgers had to take a lot of seemingly dead salary back in order to get him. Beckett has had a very bad season, and Crawford enormous salary isn’t going to be paid out for another five years. Both players certainly have potential for greatness, but are highly overpaid at the moment. If money really is no object, the Dodgers did a fantastic job in improving their chances to compete immediately. The team is currently fighting the Giants for the NL West division crown, and these new players should help them win this year and in the next few seasons, assuming the health and improvement of Beckett and Crawford.

It’s clear this was a bold move for both teams, but the true winner and loser won’t be determined for at least a few more years. The Dodgers could be saddled with heavy and useless contracts, or could be talented long term contenders in the National League. The Red Sox may use their new cap space to make good free agent moves, or they could be bad for few more seasons and struggle to lure big name talent. One thing is certain, however: this trade will be remembered by both teams as a time when they each took audacious steps in a new direction.

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