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River Ave. Blues ยป Update: Yankees will recoup insurance money for Teixeira’s salary

Update: Yankees will recoup insurance money for Teixeira’s salary

June 25, 2013 by Mike 52 Comments

2013 Draft: Yankees sign seventh round pick Nick Rumbelow
Game 76: Could Have Had Yu

5:41pm: Conflicting reports! Bryan Hoch says the WBC is not on the hook for Teixeira’s salary since the Yankees activated him off the DL. The team will, however, recoup some insurance money while he’s hurt. Either way, someone other than the Yankees are paying part of Teixeira’s salary while he is injured. So there.

12:30pm: Via David Waldstein: The World Baseball Classic is indeed responsible for Mark Teixeira’s salary during his current DL stint because he went back on the shelf with the same injury. Ken Rosenthal originally reported that would be the case in March, but there was some confusion after the Yankees activated the first baseman off the DL.

Teixeira, 33, is still feeling discomfort in his right wrist after receiving a cortisone shot last week. Even if he doesn’t need season-ending surgery, it seems clear he isn’t particularly close to returning right now. Teixeira earns close to $140k per game, so the Yankees are saving a ton of money due to the injury. They reinvested the portion they saved during his first DL trip on Vernon Wells, so hopefully they make a better move with the savings if he is indeed out long-term. If Tex misses the rest of the year, the Yankees are going to have something like $12.5M extra to play around with at the deadline. That’s huge.

2013 Draft: Yankees sign seventh round pick Nick Rumbelow
Game 76: Could Have Had Yu

Filed Under: Asides, Injuries Tagged With: 2013 World Baseball Classic, Mark Teixeira

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