Monday, 9 January 2012
Oliver Signing Official, Teahen DFA'ed
Tell me they're not spending money now, you fuckers.
The Jays have officially signed Darren Oliver to a 1-year, $4MM contract with a club option for next year at $3MM. Given the full 40-man roster, the Jays needed to make a move somewhere, and Mark Teahen and his $5.5MM contract has been deemed expendable.
Teahen may be claimed by any team, who would then be responsible for his $5.5MM salary. If (i.e. when) that doesn't happen, the Jays have 10 days to either trade or release him, or assign him to the minor leagues. Teahen may reject such an assignment, forgoing any salary that the team owes him, becoming a free agent, but that's not going to happen unless he hates money. The most likely scenario is that the Jays release or trade him, eating most or all of the $5.5MM he is owed.
Teahen, of course, came over in the Colby Rasmus trade via the White Sox, who, instead of obtaining cash from the Jays, sent Teahen and his contract as a salary dump. Such a contract should never have been offered, but hey, it's Kenny Williams we're talking about. Teahen hit .200/.277/.300 and 4 HR's in 177AB's with the White Sox and Jays last year. I'm sure someone will find him useful for the league minimum or something.