Dempster’s Deferred Money

Lou Piniella’s little buddy Ken Rosenthal reported today over his twitter that Cubs SP Ryan Dempster has agreed to defer three million dollars of his $12.5M 2010 salary at little or no interest, in order to allow the Cubs the financial flexibility necessary to make a deadline deal.

This has some similarities to the restructuring of Scott Rolen’s contract last December. In that case, the upside of the money lost due to inflation was a contract extension. In this case, the only upside for Dempster appears to be a Cubs team that is improved through a trade. This story is still in its infancy, so we may see some details change before all is said and done. The MLBPA may attempt to oppose this, as players aren’t simply allowed to take pay cuts, and given inflation, this is simply a loophole around that rule.

After today’s loss, the Cubs are now 23-26 and five games out of a playoff spot. They’re certainly not dead, although they are running out of time. With Aramis Ramirez ineffective and possibly injured, they could need a third baseman. Mike Fontenot has performed well this season, but much of that is based on a .352 BABIP, and so second base may also be a point of upgrade. The bullpen has been the main issue for the Cubs, as their relievers have allowed a 4.80 ERA. Both FIP and xFIP suggest that the group has been much better, but John Grabow has been remarkably ineffective and Carlos Zambrano will return to the rotation soon, so the most likely trade target for the Cubs would appear to be for a reliever to pick up the 8th inning behind Carlos Marmol.

The Cubs already had a 144 million dollar payroll entering this season, so it appears that, at this point, they are either unwilling to go over that amount or the option that they are targeting is expensive enough as to push them over a higher hypothetical limit. If the Cubs do acquire an important piece and end up making the playoffs as a result, Cubs fans will owe Ryan Dempster many thanks.

We hoped you liked reading Dempster’s Deferred Money by Jack Moore!

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John
Guest
John

Why does 2nd grade need an upgrade? Theriot is the second basemen, not Fontenot.

John
Guest
John

oops..meant, 2nd base…

Nate is not nice
Guest
Nate is not nice

Well John, that would be because Theriot only gets on base 32% of the time he comes to the plate, and that has been rapidly declining through the month of May. He’s only taken 1 walk in the month of May and that was on the first day. He has absolutely no power, so in order to have offensive value, he needs to get on base at an above average rate.

John
Guest
John

Well, that’s all well and good, and most Cub fans are disappointed in Theriot’s free swinging ways this year, but the article refers to Fontenot as the reason the Cubs need an upgrade at 2nd base.

shawndgoldman
Member

2nd needs an upgrade! Theriot is the second basemen, not Fontenot.

There you go, John. That’s more like it.

shawndgoldman
Member

Alternatively, I could suggest you answered your own question.

WY
Guest
WY

You beat me to it. That’s kind of a glaring error. Fontenot has been seeing more time at 3rd than 2nd lately.