Dodgers, White Sox To Swap AJ Pollock For Craig Kimbrel
It’s a fairly stunning blockbuster involving two high-profile and highly paid veterans. Pollock is earning $10MM this season and is owed at least a $5MM buyout on a $10MM player option for the 2023 season. Kimbrel, meanwhile, is slated to earn $16MM this coming season after the ChiSox picked up a 2022 club option despite a poor performance following the trade that sent him from Chicago’s north side to the south side last summer.
ESPN’s Jeff Passan tweets that there is no money changing hands in the deal, which means the Dodgers are effectively adding an extra million dollars in financial commitments (assuming Pollock declines his player option at a net $5MM and tests free agency next winter). The Dodgers will also see their luxury ledger tick upward a bit as a result of the trade. Pollock’s contract was a four-year, $55MM deal but counted as five years and $60MM for luxury tax purposes, as the player option on the end of the contract was considered guaranteed money. Thus, the contract carried a $12MM luxury hit. As Matt Gelb of The Athletic recently reported, the new CBA stipulates that a traded contract’s remaining actual dollars will count toward the luxury tax. As such, Kimbrel will now represent a $16MM luxury hit for the Dodgers (rather than the $14.5MM he’d have represented under previous rules).
More to come.