Angels Still Above CBT Tax Despite Salary Dumps
The Los Angeles Angels placed six players on waivers last week in a cost-cutting move just weeks after they were buyers at the trade deadline.
Lucas Giolito, Randal Grichuk, Dominic Leone, Reynaldo Lopez, Matt Moore and Hunter Renfroe were all placed on waivers. Only Grichuk went unclaimed.
Shedding those five players cleared approximately $5.9 million in the salary the rest of the season.
Angels general manager Perry Minasian acknowledged the club came close to ducking under the $233 million competitive balance tax (CBT) threshold with their waiver activity, but ultimately failed to do so.
\"We\'ll get to that point when we start building the \'24 roster,\" Minasian told the Orange Country Register when asked how failing to get under the CBT threshold will affect the team moving forward. \"But from the conversation I\'ve had, there will be no impact.\"