Angels don’t have to wait until Opening Day with Trout
It turns out the Angels no longer have to wait until Opening Day for Mike Trout to put pen to paper on a long-term extension.
The Angels don’t want the average annual value of Trout’s potential new extension — still under negotiations — to affect their Collective Balance Tax payroll until the 2015 season, so that they don’t blow past the $189 million luxury-tax threshold in 2014. But the club recently found out, and confirmed through Major League Baseball, that they don’t necessarily have to wait until after Opening Day to have Trout sign (and subsequently announce) a long-term extension in order for that to be the case.
As soon as Trout’s compensation for 2014 is set, his AAV on a long-term deal automatically won’t count until the following season.
The rule changed shortly after Adrian Gonzalez signed a seven-year, $154 million extension with the Red Sox — a deal that was being talked about in December 2010 and wasn’t signed until the following April for CBT purposes — but it’s unclear when it was adopted.
The purpose for the change was to guard against teams going through an entire spring without having the deal get signed because their weary of the CBT, and then having the player be subject to potential injury and the contract getting nixed.
The Angels are currently in the process of agreeing with their zero to three guys (those who are pre-arbitration), and Trout’s could get done soon. After that, he can sign an extension at any point. Neither side would comment on a potential deal on Monday, but nothing is imminent — despite a Sunday report from Yahoo! Sports that the Angels and Trout are working on a six-year, $150 million contract.