#1

mplex trail of payments of 6.7 m

in Introduce Yourself As A Pony! Thu May 23, 2019 12:38 pm
by dasg234 • 815 Posts

The San Diego Padres have traded pricey outfielder Matt Kemp to the Atlanta Braves for troubled third baseman Hector Olivera.?The deal, first reported by the Atlanta Journal-Constitution, was confirmed by both teams later Saturday night.?The Padres are also sending $10.5 million to the Braves as part of the trade.A source confirmed to ESPNs Jerry Crasnick that Olivera is expected to be designated for assignment by San Diego on Tuesday, when he comes off the restricted list following an 82-game suspension for violating Major League Baseballs domestic-violence policy.The suspension, which is retroactive to April 30, stemmed from Oliveras April 13 arrest on assault and battery charges at a hotel outside Washington, D.C.Kemp signed an eight-year, $160 million deal with the Dodgers before the 2012 season. He has a $21.5 million salary this year and is owed the same amount in each of the next three seasons.We felt like its just a situation where we can use that money down the road, Padres general manager AJ Preller said. Reallocate to our bigger club, reallocate it potentially to the amateur market, which is a spot where theres a lot of value in the flexibility with the dollars presented to us.Olivera agreed in early 2015 to a $62.5 million, six-year contract with the?Los Angeles Dodgers, then was traded to the Braves last July. He has a $4 million salary this year but lost $1,792,350 because of his suspension. He is owed $6 million next season, $6.5 million in 2018, $7.5 million in 2019 and $8.5 million in 2020.Olivera is on a rehab assignment with Triple-A Gwinnett but was removed from the lineup before Saturday nights game. He is hitting .211 with no homers and two RBIs in six games this season.San Diego acquired Kemp, a two-time All-Star outfielder with the Dodgers, from Los Angeles in December 2014. It took several days to consummate the trade because Kemp had to be cleared medically.Despite arthritis in both hips, Kemp, 31, could boost the weakest offense in the major leagues. Atlanta has baseballs worst record and ranks last in runs scored and homers.In 254 games with the Padres, Kemp is hitting .264, 28 points lower than his nine-year batting average with the Dodgers. While with San Diego, he recorded 46 homers, 169 RBIs and 247 strikeouts.Its a sign that we arent happy losing, Braves general manager John Coppolella said of acquiring Kemp. We arent trying to finish with the worst record ever so we can get the first [draft] pick. We want to win every night, and making this trade now is a big deal to us because it helps us get better this year and the next three years after that.Kemp is expected to make his Atlanta debut on Tuesday, when the Braves begin a three-game home series with Pittsburgh. President of baseball operations John Hart said there was no need for Kemp to hurry to Turner Field; the Braves have an off day Monday.Atlanta had tried for several months to deal Olivera following his April arrest. Coppolella said he was pleased to put the Olivera chapter behind him. Saturday marked the one-year anniversary of the third basemans arrival.?What happened with Hector is unfortunate and unacceptable, Coppolella told the AP. Were happy to have Matt Kemp.San Diego is sending Atlanta $3 million this year as part of the trade: half on Aug. 15 and the rest on Sept. 15. From 2017 to 19, the Padres will pay the Braves $2.5 million annually, half each on May 15 and July 15.To get him for roughly $8.5 million a year when you factor out Olivera, it made a lot of sense for us, Coppolella said of Kemp. We didnt give up a draft pick. We didnt trade away any prospects. So we were able to stick with the plan that we had while still filling a major need for right-handed power.Saturdays trade is the latest among a series of deals the Padres have made in the past two months as they move to rebuild.Since June, they have traded away four starting pitchers, sending All-Star left-hander Drew Pomeranz to the Boston Red Sox, James Shields to the Chicago White Sox, and Andrew Cashner and Colin Rea to the?Miami Marlins.Other players from their Opening Day roster who have been dealt include closer Fernando Rodney and outfielder?Melvin Upton Jr.In rebuilding the Braves, president of baseball operations John Hart and Coppolella have traded Craig Kimbrel, Jason Heyward, Justin Upton, Upton Jr. and Andrelton Simmons for prospects.Atlanta also has taken on bad contracts for declining players such as Michael Bourn, Nick Swisher and Bronson Arroyo. Dan Uggla was released in July 2014 despite the Braves still owing him $18 million.Information from ESPNs Jim Bowden and the Associated Press was used in this report.NFL Jerseys Outlet . -- When the Florida Panthers fell behind by two goals in the first period to the top team in the NHL, it appeared they were on their way to yet another loss. China NFL Jerseys Sale . Louis Blues teammates who would also be participating in the Olympics, Alex Pietrangelo felt right at home, no different in some ways to the travel experience of any old road trip – save for the length of the journey, that is. http://www.cheapnfljerseysbywholesale.com/ . LOUIS -- Attorneys for the St. Cheap Nike NFL Jerseys . -- Matt Ryan needed one of the best games of his career to lead the Falcons and their depleted offence out of their three-game losing streak last week. Wholesale NFL Jerseys For Sale . 10 VCU 85-67 on Thursday night at the Puerto Rico Tip-Off. The Seminoles (4-0) have scored at least 80 points in each of their games.FIFA council member Wolfgang Niersbach, a member of FIFAs ruling council, was banned from soccer for one year on Monday in the first sanction from the investigation into Germanys 2006 World Cup bid.FIFAs ethics committee found Niersbach guilty of failing to report findings about possible unethical conduct and conflicts of interest during the bidding process.Niersbach, who was a vice president of the 2006 World Cup organizing committee in charge of media and marketing, described the punishment as inappropriate and excessive.Last year, Niersbach had been considered a possible successor to UEFA President Michel Platini before resigning as president of the German soccer federation when allegations against the bid first surfaced.Niersbach retained his elected positions on the top decision-making bodies at both FIFA and UEFA. He is the first member of the rebranded FIFA Council, which replaced the discredited executive committee in May, to be sanctioned by the ethics division.This decision hits me hard, Niersbach said. I was confident after last Thursdays hearing in Zurich that the ethics commission would not impose a ban, but that it would follow my argument that I am only to blame for a belated report on the critical payments between the 2006 World Cup organizing committee and FIFA in 2005, of which I gradually became aware in the summer of 2015, and that it would set a different punishment.I acknowledged my mistake and regretted it again.Niersbach is consulting his lawyers about whether to apppeal against his ban.ddddddddddddSwiss federal prosecutors, and German criminal and tax investigators, also have wider ongoing criminal cases into the 2006 World Cup -- a hugely successful tournament at the time which the host nation called its Summer Fairytale.The probe involves irregular seven-figure payments and contracts during the bidding process and organization of the World Cup implicating senior officials.The main FIFA ethics case focuses on former Germany great Franz Beckenbauer, who headed the World Cup organizing team and joined the FIFA executive committee in 2007; Theo Zwanziger, who replaced Beckenbauer at FIFA in 2011; Horst Schmidt, vice president of the World Cup organizing panel; and Stefan Hans, chief financial officer for the organizers.In February, an inquiry report commissioned by the federation tried to explain a complex trail of payments of 6.7 million euros ($7 million) and 10 million Swiss francs ($10 million) that linked Beckenbauer, then-FIFA president Sepp Blatter, FIFA powerbroker Mohamed bin Hammam of Qatar and Robert Louis-Dreyfus, the late former Adidas executive and part owner of Swiss marketing agency Infront.The report, by law firm Freshfields, did not rule out, but could not prove, that votes were bought when Germany beat a Nelson Mandela-supported South Africa bid in a 12-11 vote of FIFA executive committee members in 2000. 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