The Toronto Blue Jays did send cash to the Los Angeles Angels in last Friday’s Vernon Wells trade after all.
Major-league sources confirmed to FOXSports.com that the Blue Jays included $5 million in the deal.
That’s a small percentage of the $86 million left on Wells’ contract over the next four seasons. But the cash will lessen the immediate impact of Wells’ salary on the Angels’ bottom line.
Here’s how the math works: Without the cash exchange, the Angels would have paid Wells’ entire $23 million salary, with the Blue Jays inheriting Juan Rivera’s $5.25 million and Mike Napoli’s arbitration award, which will be no greater than $6.1 million.
Now, the Angels will pay Wells $18 million. The Blue Jays’ exposure will probably be slightly less than that, although the exact number is hard to determine since on Tuesday they traded Napoli to the Texas Rangers for Frank Francisco and cash.
-- Jon Paul Morosi and Ken Rosenthal