Cards trade Lugo to Orioles

[Banedon]

The St. Louis Cardinals traded infielder Julio Lugo to the Baltimore Orioles on Thursday, a source told ESPNdeportes.com.

 

http://sports.espn.go.com/mlb/news/story?id=5046999

 

Cards pay for most of his salary for this year. No word on who the Cards are getting.

[Ding Dong Johnson]

Is this a stupid April Fool's joke too?

[Banedon]

Trade is for PTBNL or cash.

[Garwilly]

Keep in mind, the Cards were already receiving his entire salary.

[cardslesson101]

Keep in mind, the Cards were already receiving his entire salary.

 

 

Yeah, technically, Boston is still paying his salary.

[Banedon]

Yeah...a Card fan buddy of mine pointed that out as well.

[BigbadB1679666149]

So how does that work. When it's time for payroll, does Boston send Lugo's paycheck to St. Louis, who in turn deposits it, then when they do payroll, do they cut a new check to Baltimore, and then Baltimore cuts that same check from their payroll, and by the time Lugo gets his check for week 1, the season is half over. :blackeye:

[Electron Blue]

So how does that work. When it's time for payroll, does Boston send Lugo's paycheck to St. Louis, who in turn deposits it, then when they do payroll, do they cut a new check to Baltimore, and then Baltimore cuts that same check from their payroll, and by the time Lugo gets his check for week 1, the season is half over. :blackeye:

 

It absolutely shouldn't matter, from a fan's perspective, of course. But now I can't help wonder about it, as well. Strange. :)

[ctcf]

I read one article that had Lugo backing up Cesar Izturis.

 

Julio Lugo is backing up Cesar Izturis. Think about that for a second.

[Peoriaman]

Lugo was just about a free player and the Cardinals traded him. That says it all.

[NonProfitCow]

Lugo was just about a free player and the Cardinals traded him. That says it all.

He was really only useful as a hitter against LHP. He still has good speed, but is just brutal defensively. The knee surgery really hampered his lateral movement.

[cardslesson101]

I read one article that had Lugo backing up Cesar Izturis.

 

Julio Lugo is backing up Cesar Izturis. Think about that for a second.

 

 

Think about it this way. Two Cardinals SS are the SS for the Orioles. Either the Cardinals are good at renting SS or they are good at dumping SS. A Cardinal backing up a Cardinal.

[Eric Clipperton]

So how does that work. When it's time for payroll, does Boston send Lugo's paycheck to St. Louis, who in turn deposits it, then when they do payroll, do they cut a new check to Baltimore, and then Baltimore cuts that same check from their payroll, and by the time Lugo gets his check for week 1, the season is half over. :blackeye:

 

It absolutely shouldn't matter, from a fan's perspective, of course. But now I can't help wonder about it, as well. Strange. :)

 

I always assumed that Lugo gets paid by Boston for whatever amount they are picking up, and the new team pays anything they owe to the player separately? This would be easier, provided that direct deposit was properly set up for everyone. Since taxes can be quite complex due to the differing portions of time worked in various states each with their own tax rates and laws, I assume that payroll is somewhat modernized, but who knows? I now can't help wondering about this as well...

[cardslesson101]

So how does that work. When it's time for payroll, does Boston send Lugo's paycheck to St. Louis, who in turn deposits it, then when they do payroll, do they cut a new check to Baltimore, and then Baltimore cuts that same check from their payroll, and by the time Lugo gets his check for week 1, the season is half over. :blackeye:

 

It absolutely shouldn't matter, from a fan's perspective, of course. But now I can't help wonder about it, as well. Strange. :)

 

I always assumed that Lugo gets paid by Boston for whatever amount they are picking up, and the new team pays anything they owe to the player separately? This would be easier, provided that direct deposit was properly set up for everyone. Since taxes can be quite complex due to the differing portions of time worked in various states each with their own tax rates and laws, I assume that payroll is somewhat modernized, but who knows? I now can't help wondering about this as well...

 

I think Boston pays the $9 million and Baltimore pays him the league minimum?

[sweetpeteman]

So how does that work. When it's time for payroll, does Boston send Lugo's paycheck to St. Louis, who in turn deposits it, then when they do payroll, do they cut a new check to Baltimore, and then Baltimore cuts that same check from their payroll, and by the time Lugo gets his check for week 1, the season is half over. :blackeye:

 

It absolutely shouldn't matter, from a fan's perspective, of course. But now I can't help wonder about it, as well. Strange. :)

 

I always assumed that Lugo gets paid by Boston for whatever amount they are picking up, and the new team pays anything they owe to the player separately? This would be easier, provided that direct deposit was properly set up for everyone. Since taxes can be quite complex due to the differing portions of time worked in various states each with their own tax rates and laws, I assume that payroll is somewhat modernized, but who knows? I now can't help wondering about this as well...

 

I think Boston pays the $9 million and Baltimore pays him the league minimum?

 

 

From a USA Today article:

 

According to th Baltimore Sun, the Commissioner's approval is necessary because Lugo has $8.6 million left on his contract being paid by the Red Sox. The Sun reports Lugo will make the league minimum from the Orioles. His Orioles salary will be $400,000, according to the Associated Press.

[cardslesson101]

So how does that work. When it's time for payroll, does Boston send Lugo's paycheck to St. Louis, who in turn deposits it, then when they do payroll, do they cut a new check to Baltimore, and then Baltimore cuts that same check from their payroll, and by the time Lugo gets his check for week 1, the season is half over. :blackeye:

 

It absolutely shouldn't matter, from a fan's perspective, of course. But now I can't help wonder about it, as well. Strange. :)

 

I always assumed that Lugo gets paid by Boston for whatever amount they are picking up, and the new team pays anything they owe to the player separately? This would be easier, provided that direct deposit was properly set up for everyone. Since taxes can be quite complex due to the differing portions of time worked in various states each with their own tax rates and laws, I assume that payroll is somewhat modernized, but who knows? I now can't help wondering about this as well...

 

I think Boston pays the $9 million and Baltimore pays him the league minimum?

 

 

From a USA Today article:

 

According to th Baltimore Sun, the Commissioner's approval is necessary because Lugo has $8.6 million left on his contract being paid by the Red Sox. The Sun reports Lugo will make the league minimum from the Orioles. His Orioles salary will be $400,000, according to the Associated Press.

 

 

That's what I thought. If Lugo wasn't traded by the Cardinals, the Cardinals would be paying him the league minimum. Is it like the NFL when a Draft pick is from a team and through another? Like, $8.6 million are paid from the Red Sox through the Cardinals?