From yesterday’s Denver Post -
Yankees general manager Brian Cashman told reporters this week that although trades are always possible, nothing is warm right now. Still, multiple scouts said Wednesday the Yankees are interested in Rockies first baseman Todd Helton and closer Brian Fuentes, though nothing is brewing.
If the Rockies don’t rebound, many teams will be calling to see if they want to unload salaries. Helton has rebounded nicely this season.
Helton is rebounding. But, he’s not the player he was circa 2000-2004. Also, he’s going to be 34-years old later this year.
More importantly, Helton’s contract is a nightmare. The details, beyond this season: 2008 to 2010, $16.6 million each season. 2011, $19.1 million. And, in 2012, a $23 million team option or a $4.6 buyout.
Therefore, after this season, Helton is still owed (at least) $73.5 million – covering the years where he’ll be ages 34 to 37 – which leaves no wonder why the Rockies want to get his contract off the books.
The only way the Yankees should trade for Todd Helton would be if Colorado threw in (at least) $35 million to offset some of the expense on Helton’s money due. Otherwise, it makes no sense for New York to make this deal.
There are so many other, and smarter, ways for the Yankees to use that $73.5 million over the next four years. I hope they realize that now.