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O's trade for Hellickson


OriolesMagic83

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2 minutes ago, Roll Tide said:

Well its says they will pay to sweeten the return. Does anyone here think Kim and Cleavinger are enough to get them to pay his salary the rest of the season.

In addition, If the Phillies agree to pay his salary how would his salary be a deterrent to someone claiming him in August?

If you see Kim as a 1.7m salary dump (which without going into the debate over whether he's been mishandled by Buck, he is currently), Cleavinger and the int. slot are probably worth a combined couple million. Which leaves Hellickson as worth nothing (which he is, we have multiple guys in AAA who can eat innings badly), the trade is pretty balanced. This of course assumes the Phillies are giving us all of the remaining salary for Hellickson.

As far as the August trade stuff, he'd really have to improve to get us anything.  If the Phillies are giving us cash to make up for his salary, that wouldn't make him free, he'd still be owed a bunch of money, we'd just be getting cash from the phillies to offset that.

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16 minutes ago, phillyOs119 said:

If you see Kim as a 1.7m salary dump (which without going into the debate over whether he's been mishandled by Buck, he is currently), Cleavinger and the int. slot are probably worth a combined couple million. Which leaves Hellickson as worth nothing (which he is, we have multiple guys in AAA who can eat innings badly), the trade is pretty balanced. This of course assumes the Phillies are giving us all of the remaining salary for Hellickson.

As far as the August trade stuff, he'd really have to improve to get us anything.  If the Phillies are giving us cash to make up for his salary, that wouldn't make him free, he'd still be owed a bunch of money, we'd just be getting cash from the phillies to offset that.

Sorry but I dont get it ....If the Phillies agree to pay his salary, would they send the money to the Orioles and then if the Orioles traded him without relief (DFA and a claim), would the Os be net the cash they received from the Phillies?

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6 minutes ago, Roll Tide said:

Well its says they will pay to sweeten the return. Does anyone here think Kim and Cleavinger are enough to get them to pay his salary the rest of the season.

In addition, If the Phillies agree to pay his salary how would his salary be a deterrent to someone claiming him in August?

This is my understanding of how this works (assuming there are no unknown aspects of the deal).  The Orioles are still responsible for his salary, its just that the Philly's are sending cash equal to the amount of Hellickson's prorated 2017 salary as an offset.  Whether a team gets cash in a deal does not change the fact that a team that claims a player on waivers is responsible for his remaining salary commitment.  So, in this case, if Hellickson is claimed by another team the O's would keep the money from the Philly's included in the trade and have his remaining salary off the books. So, these are the possible outcomes of the O's moving Kim, Cleavinger and international slot money:

(1) No other moves - O's save $1.7M and Hellickson pitches for the O's for the remainder of the season;

(2) O's trade Hellickson - O's save $1.7M and get whatever they get in the subsequent trade (probably a project/low level prospect and maybe some cash); or

(3) Hellickson is claimed off of waivers - O's save $1.7M and the remaining amount owed to Hellickson.  If this happens around August 31, the amount would be around $3M.  Therefore, the final outcome of the deal would be the equivalent of selling Cleavinger and slot money for about $4.7M.

 

 

 

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1 minute ago, jdwilde1 said:

This is my understanding of how this works (assuming there are no unknown aspects of the deal).  The Orioles are still responsible for his salary, its just that the Philly's are sending cash equal to the amount of Hellickson's prorated 2017 salary as an offset.  Whether a team gets cash in a deal does not change the fact that a team that claims a player on waivers is responsible for his remaining salary commitment.  So, in this case, if Hellickson is claimed by another team the O's would keep the money from the Philly's included in the trade and have his remaining salary off the books. So, these are the possible outcomes of the O's moving Kim, Cleavinger and international slot money:

(1) No other moves - O's save $1.7M and Hellickson pitches for the O's for the remainder of the season;

(2) O's trade Hellickson - O's save $1.7M and get whatever they get in the subsequent trade (probably a project/low level prospect and maybe some cash); or

(3) Hellickson is claimed off of waivers - O's save $1.7M and the remaining amount owed to Hellickson.  If this happens around August 31, the amount would be around $3M.  Therefore, the final outcome of the deal would be the equivalent of selling Cleavinger and slot money for about $4.7M.

 

 

 

Basically, the Phillies bought Cleavinger and the slot money for 1.7 million.  That's the meat of the transaction.

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14 minutes ago, phillyOs119 said:

Basically, the Phillies bought Cleavinger and the slot money for 1.7 million.  That's the meat of the transaction.

I doubt that the Phillies sent cash that is equal to Hellickson salary.   Some portion of it but not all of it.

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I've watched about 8 innings in the last month and this trade isn't exactly enticing me to change the status quo. If the front office doesn't care about winning and doing what's best for the franchise then why should we care?

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So let me get this straight - they traded for a 30 year old in the last year of his deal who has a 5.80 ERA (and that's in the NL by the way) since April? This is the guy who's going to lead them to some amazing playoff run the last couple of months?  I don't know anything about Cleavinger but why give him up for another of what you already have? This organization seems to be headed back to losing for years in a row at warp speed. 

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