Mike Clevinger to Sox per Rosenthal

[Chicago White Sox]

8 minutes ago, Dick Allen said:

Mutual options are never exercised by both.. Basically it's a 1 year 12 million with 4 million of it deferred to after next season. The Sox will be on the hook for the additional 4 million even if they exercised it.

That I do know, which makes them kind of dumb.  However, I figured the idea here was to give Clevinger an extra $4M guaranteed in the event he is bad and the Sox decide to buy him out whereas the Sox are protected in the event he is good and doesn’t exercise his side of the mutual option.  Sounds like I’m wrong here, but I guess I don’t really get it otherwise because you can simply include deferred dollars in the contract with a mutual option.

[CaliSoxFanViaSWside]

Nice he got another year . Who would've thunk it ?

[Squirmin' for Yermin]

If we pickup his option and he declines, can we still offer him a QO?

[Chicago White Sox]

1 minute ago, Squirmin' for Yermin said:

If we pickup his option and he declines, can we still offer him a QO?

Good question.  If the answer is no, then that might explain why Clevinger would want a mutual option.

[Bob Sacamano]

10 minutes ago, Squirmin' for Yermin said:

If we pickup his option and he declines, can we still offer him a QO?

I feel like we can in that instance.

[gogosox1959]

If he's bad:1 year $12mm ($8mm + $4mm buyout)

If he's good: 1 year $12mm ($8mm + $4mm buyout) as he would choose free agency

If he's okay: possibly 2 years for $20mm

[Bob Sacamano]

Not bad use of the AJ Pollock money saved for 2023.

[SoxBlanco]

7 minutes ago, Bob Sacamano said:

Not bad use of the AJ Pollock money saved for 2023.

Good call. What was the verdict on Pollock’s $5M? Is that counting toward the 2023 payroll?

[Bob Sacamano]

1 minute ago, SoxBlanco said:

Good call. What was the verdict on Pollock’s $5M? Is that counting toward the 2023 payroll?

Just looking at Spotrac, it is absent in the 2023 payroll but the $5M figure is factored in 2022. 

[southsider2k5]

So really it is 2/20 or 1/12.  

[bmags]

There was a mutual option called recently. Can’t remember, kikuchi?

[SoxBlanco]

14 minutes ago, Bob Sacamano said:

Just looking at Spotrac, it is absent in the 2023 payroll but the $5M figure is factored in 2022. 

Thanks. So are we at around $164M for 2023 right now?  If so, that’s much a much better position than I thought we’d be after filling out the rotation. 

@ChiSox59

[Chicago White Sox]

5 minutes ago, SoxBlanco said:

Thanks. So are we at around $164M for 2023 right now?  If so, that’s much a much better position than I thought we’d be after filling out the rotation. 

@ChiSox59

I’d have us somewhere in the $167M to $175M range depending on we account for buy-outs and dead money.

[ChiSox59]

15 minutes ago, SoxBlanco said:

Thanks. So are we at around $164M for 2023 right now?  If so, that’s much a much better position than I thought we’d be after filling out the rotation. 

@ChiSox59

I think $168M is the correct figure. That counts Pollock and Harrison’s buyout for 22, and Clevingers for 23. But definitely isn’t a consensus on how exactly to account the buyouts. I think just assuming $170ish is safe. 

[Bob Sacamano]

Anyone else think we see an Addison Reed type deal happen at the Meetings? Hendriks dealt for a couple young MLB ready players that can contribute now/soon?

Edit: wrong thread but f*** it.

Edited December 4, 2022 by Bob Sacamano

[ChiliIrishHammock24]

On 12/3/2022 at 12:52 AM, ChiliIrishHammock24 said:

It may have already been mentioned, but Robert Murray said something about the Clevinger deal not being a straight 1yr/$12M deal. That there is a 2nd year option and with the buyout it will reach $12M. Mentioned something about creatively shifting the money around.

 

So maybe since the first report we heard was "more than $8M" it could end up being something like 1 yr/$8.5M with a 2nd year option for "xxx" amount or a $4M buyout. We might end up with a few extra million for 2023 to work up to Jerry's self-imposed budget.

Yup. Good info from Robert Murray.

[Tnetennba]

1 hour ago, Bob Sacamano said:

Anyone else think we see an Addison Reed type deal happen at the Meetings? Hendriks dealt for a couple young MLB ready players that can contribute now/soon?

Edit: wrong thread but f*** it.

That’s what I’ve been expecting.  The return is what I worry about. 

[ShoeLessRob]

I like it. 

[SoCalChiSox]

3 hours ago, Chicago White Sox said:

I’d have us somewhere in the $167M to $175M range depending on we account for buy-outs and dead money.

So unless we start unloading serious money we are one league average signing away from not having enough payroll room to afford a plate of Nashville hot chicken.

 

[Dick Allen]

2 minutes ago, SoCalChiSox said:

So unless we start unloading serious money we are one league average signing away from not having enough payroll room to afford a plate of Nashville hot chicken.

 

If the Sox anticipated shopping anywhere but the Salvation Army, there would have been Soxfest this year. They gave away they are cowards, they also gave away they weren’t planning on doing enough that would get Soxfest attendees minds off of 2022 this winter.

[Chicago White Sox]

1 hour ago, SoCalChiSox said:

So unless we start unloading serious money we are one league average signing away from not having enough payroll room to afford a plate of Nashville hot chicken.

 

Pretty much seems that way unless the ~$180M figure is misdirection.

[CBJ03]

Clevinger introductary presser just eneded. It was actually decent. 

[Balta1701]

So is “having to defer $4 million to 2023” a sign that they are really tight on money for 2023? Any other reason why they would do that?

[fathom]

18 minutes ago, Balta1701 said:

So is “having to defer $4 million to 2023” a sign that they are really tight on money for 2023? Any other reason why they would do that?

Every sign points to them being tight on money 

[CWSpalehoseCWS]