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08/17/2010 -
HOUSTON (AP) -The New York Mets are withholding injured closer Francisco Rodriguez's salary while he's sidelined, and the team wants to convert his contract to a non-guaranteed deal.
The moves could be a prelude to the Mets releasing the star closer without paying most of his 2011 salary.
Rodriguez was placed on the disqualified list Tuesday, six days after he tore a ligament in the thumb of his pitching hand while punching his girlfriend's father outside a family lounge at Citi Field. Rodriguez had surgery Tuesday to repair the self-inflicted injury and is expected to miss the rest of the season.
The Mets said he won't be paid while on the disqualified list. In addition, they said they were exercising a contractual right to convert the rest of his $37 million, three-year deal to non-guaranteed, meaning they could try to avoid paying most of what's left on it.
The players' association planned to fight the team's actions.
The Mets announced the move before Tuesday night's game at Houston in a conference call that included chief operating officer Jeff Wilpon, general manager Omar Minaya and executive vice president and general counsel David Cohen.
Rodriguez, a four-time All-Star, was suspended for two days without pay following the fight outside a family room at the ballpark last Wednesday.
By going on the disqualified list, Rodriguez will lose $3,016,393 of his $11.5 million salary this year. Added to the $125,683 he lost when the Mets put him on the restricted list for two days last week, the altercation already has cost him $3,142,076.
In addition, by converting his contract to non-guaranteed, the Mets gave themselves the ability to release Rodriguez in the early part of spring training next year for 30 days' termination pay. That would mean paying $1,885,246 rather than his $11.5 million salary next year. They still likely would owe the $3.5 million buyout attached to the $17.5 million club option for 2012 that's included in his deal.
The 28-year-old reliever was arrested and charged with third-degree assault and second-degree harassment following the fight. He was released on his own recognizance and is due back in court Sept. 14.
He will not be paid or accrue major league service time until he is deemed able to perform his job again and removed from the disqualified list, the Mets said.
``He has to get himself healthy and part of that has to do with anger management to deal with any issues he has right now,'' Wilpon said.
A player can remain on the disqualified list indefinitely.
``There's no specific time limit,'' Cohen said. ``A player can apply for reinstatement, otherwise he's reinstated at the time that the club believes that he is ready to perform the services under his contract.''
Rodriguez's lawyer, Jay Reisinger, declined comment on the Mets' decision. The players' association vowed to take action.
``The Mets' actions are without basis and I expect the union will file a challenge right away,'' players' association head Michael Weiner wrote in an e-mail to The Associated Press.
If the union files a grievance and the case isn't settled, arbitrator Shyam Das would decide whether the Mets' actions were justified.
The Mets said they haven't decided if they'll try to void the remainder of K-Rod's contract, which would be an even stronger step that would potentially eliminate termination pay next year and the 2012 buyout. Wilpon said that's a decision that doesn't have to be made now, but the team will reserve its right to do that in the future.
Minaya said the club is not aware of any problems with violence in Rodriguez's past. The GM said he hopes Rodriguez will return next season.
``We do plan on bringing him back next year,'' Minaya said. ``Today we want him back. Let's see how this process goes.''
Doctors have told the team that if Rodriguez performs his rehabilitation, he'll be ready for spring training next year.
When Rodriguez returned from his suspension, he apologized to teammates and fans, then gave up a leadoff double but didn't allow a run in a 4-0 loss to Philadelphia on Saturday.
Mets manager Jerry Manuel said Monday that Rodriguez didn't indicate he was injured before pitching in Saturday's game. Manuel said he first learned of the injury on Sunday.
Rodriguez is accused of grabbing 53-year-old Carlos Pena, hauling him into a tunnel near the family lounge beneath Citi Field and hitting him in the face. Pena was taken to a hospital with a scrape and swelling above his eyebrow.
Hisanori Takahashi got his first career save while filling in for Rodriguez in a 3-1 win over the Astros on Monday night.
Right-hander Ryota Igarashi was recalled from Triple-A Buffalo before Tuesday's game to take Rodriguez's roster spot.
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AP Sports Writer Ronald Blum in New York contributed to this report.Copyright © 2005 The Associated Press. All rights reserved. The information contained in the AP News report may not be published, broadcast, rewritten or redistributed without the prior written authority of The Associated Press.
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In any football or basketball game (the main sports that use point spreads) there are two teams playing against each other.
Those teams, though, are rarely exactly evenly matched – meaning that typically one team has a better chance than the other to win the game. If bettors were allowed to bet on who was simply going to win the game, smart ones would obviously bet on the better team (likely winning more than 50% of the time in the process).
If winning were that easy the Las Vegas and online sportsbooks would stop taking any bets! This is where the point spread comes in: the basic function of the point spread is to balance the likelihood of each team “winning” by adjusting the final score by the point spread. After this adjustment is made you get the Against The Spread result (ATS result for short).
Let’s look at Super Bowl XXXIX, New England Patriots vs. Philadelphia Eagles. Most people believed the defending champ Patriots to be the better team – so if betting were simply based upon which team would win the game, an uneven majority of people would have wagered on New England. But, by using the point spread, the bookmakers adjusted the terms of the bet, evening the proposition so about half the people believed the Pats to be the smart bet, while the other half considered Philly to be the smart bet.
New England Patriots -7 vs. Philadelphia Eagles
The better team, called the Favorite, is expected to win the game and must “give” or “lay” points to the weaker team. The favorite is listed with a minus sign and the number of points they are favored by (e.g., New England -7)
In the case of our example, New England must not only win the game, but they must win by more than 7 points for Pats bettors to have a winning ATS result. An Eagles bettor wins his bet either if:
There was also the possibility that the final score could land exactly on the spread number (for example, the Pats winning 28-21 when -7), which is called a “push” or “no action” and a refund is then issued to bettors of both teams.
The same game with the same point spread can be considered from the weaker team’s perspective: The Underdog (Philly in the case of our example) is not expected to win the game and online football betting thus receives or “gets” points given by the stronger team. When a game is stated from the underdog’s perspective the team is listed with a plus sign and the number of points they are underdogs by:
Philadelphia Eagles +7 vs. New England Patriots
Keep in mind that Philadelphia +7 and New England -7 is the same point spread on the same game, simply stated differently. The first is from the underdog’s perspective; the later is from the favorite’s.
Not a must, but for some a mathematical approach is insightful. You can determine the ATS winner by either:
Let’s look at the actual result of Super Bowl XXXIX: New England 24 Philadelphia 21
The favorite, New England, won the game but not by more than the point spread they were favored by (7), so the ATS result was a LOSS for Pats bettors.
Looking at it from the underdog’s perspective, Philly did not win the game, but they lost by less than the point spread (7), so the ATS result was a WIN for Eagle bettors.
Mathematically considered, 24 for the favorite Pats minus 7 equals 17, which is less than the 20 the Eagles scored, so the underdog Eagles win the ATS result (or you could figure 20 plus 7 equals 27 for the Eagles, which is more than 24 for the Pats).
Emily’s boyfriend understood the point spread and wagered $100 on the Eagles at +7. The Eagles may not have gotten a Super Bowl ring, but since they won the ATS result Emily’s boyfriend cashed his bet – giving him money to take her out to a nice dinner.
And now hopefully you understand how to read point spreads, putting you one step closer to joining the fun of sports betting.
To visit this internet sportsbook go to MySportsbook.com for all your football betting and World Series odds.
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