All articles tagged with #salary dump
The White Sox agreed to acquire Luis Castillo from the Mariners in exchange for Seranthony Domínguez, Nolan Jones, and prospect Boston Smith, with Chicago taking on all remaining salary. The deal gives Chicago a veteran starter to bolster a rotation that has been mixing in young arms, while Seattle gains prospects and salary relief as both teams pivot toward their 2027 plans.
Boston traded right-hander Jordan Hicks and pitching prospect David Sandlin to the White Sox for pitching prospect Gage Ziehl in a salary-dump intended to shave about $3 million off the team’s second CBT hit and open two 40-man spots. Hicks, who had a four-year, $44 million pact with the Giants and underperformed for Boston, will thus contribute roughly $4 million per year to the Red Sox’s luxury-tax payroll going forward. The deal underscores the ongoing Devers saga and the broader effort to clean up last year’s roster mess, with questions remaining about whether the moves will produce lasting on-field improvement.
The Chicago White Sox are acquiring right-hander Jordan Hicks and pitching prospect David Sandlin from the Boston Red Sox in exchange for pitching prospect Gage Ziehl and a player to be named later, with Boston also sending about $8 million to help cover Hicks’ remaining $24 million owed. The deal frees roughly $16 million from Hicks’s contract, opens two 40-man roster spots for Boston, and provides Chicago with bullpen/rotational depth as they continue their roster 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.
The Miami Heat traded Haywood Highsmith and a 2032 second-round pick to the Brooklyn Nets for a 2026 second-round pick, primarily to shed salary and reduce luxury tax, with Highsmith expected to fit into the Nets' rotation.
A report suggests that Twins owner Jim Pohlad, not Derek Falvey, finalized the trade sending Carlos Correa back to the Astros, primarily as a salary dump negotiated at the ownership level, with Pohlad personally involved in the deal.
Carlos Correa was traded from the Twins to the Astros in a deal primarily motivated by salary relief, despite his desire to play third base, a position he has not previously started in during his career. The Twins, in the process of being sold, aimed to shed salary and received a young pitching prospect in return.
The Cleveland Guardians traded Andres Gimenez to the Toronto Blue Jays during the winter meetings, acquiring a starting pitcher and three prospects while shedding nearly $100 million in salary. This move opens up competition for the second base position until top draft pick Travis Bazzana is ready to play.
The Atlanta Braves have traded Marco Gonzales to the Pittsburgh Pirates in a salary dump move, freeing up money to potentially acquire a starting pitcher. The trade comes after the Braves acquired Jarred Kelenic and others, indicating their intention to move Gonzales.
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.