Monday, April 25, 2022

JACOBY ELLSBURY IS BACK IN THE NEWS AGAIN


But thankfully, for the last time. It's over. Fans and the Yankees can move on, finally.

I moved on a long time ago and I am sure anyone reading this has too. Jacoby Ellsbury hasn't played in a single game since 2017, but the Yankees were stuck with him financially for a long time even though the Yankees released him in November of 2019. 

The Yankees filed a grievance against Ellsbury trying to recoup some of the money they gave him in a ridiculous contract. The Yankees argue that Ellsbury did not get their permission to seek medical attention outside of their organization, which is a requirement. The status of this grievance has been in the left in limbo for the longest time, leaving fans wondering 'what's going on?' and now we know.


According to The New York Post HERE, the Yankees and Ellsbury reached an agreement and settled the matter "at least a year ago." There was a confidentiality clause that was signed so we don't know final terms or dollar amounts but we can figure out a few details.

Ellsbury was supposed to make $21 million in 2020 with a $5 million buyout on a $21 million option in 2021, but the Yankees managed to pay a negotiated figure that was low enough to keep the Yankees under the second luxury tax bracket in 2020 that it did not affect their 2021 draft. If the Yankees had exceeded that second luxury tax bracket they would've made their first pick at number 30, instead of number 20. So, the Yankees did get enough of a deal that the Yankees stayed under the $80 million figure for the secon luxury tax bracket with the reduced salary they paid to Ellsbury. I guess it's the best conclusion of a bad situation for the Yankees.

It's a long time coming for resolution to a terrible Brian Cashman contract. Now we can all be happy that we never have to hear the name Jacoby Ellsbury again. I will be happy to never have to write about it either.

So that's it. THE END. Thank goodness! Now if Cashman could learn something from this and refrain from making these terrible deals that would be great. I'm not going to hold my breath though.



--Jeana Bellezza-Ochoa
BYB Senior Managing Editor
Twitter: @nyprincessj


No comments:

Post a Comment

Thank you for commenting on Bleeding Yankee Blue.

20% Off at SteinerSports.com with code YANKEEBLUE2017