Thornton completes deal with Yanks, who cut Wells

Published on NewsOK Modified: January 10, 2014 at 4:15 pm •  Published: January 10, 2014
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NEW YORK (AP) — Left-hander Matt Thornton completed his $7 million, two-year contract with the New York Yankees, who cut outfielder Vernon Wells.

Thornton gets $3.5 million in each of the next two seasons under the deal, which was agreed to Dec. 17 and announced Friday. His contract raises the Yankees' luxury tax payroll for next season to $175.7 million for 13 signed players.

Including a pending $2 million, one-year deal for second baseman Brian Roberts and an estimated $11.5 million per team for benefits, New York's tax payroll is at $189.2 million — above the $189 million tax threshold for the upcoming season.

However, Alex Rodriguez's $27.5 million luxury-tax salary would disappear if his 211-game suspension is upheld by an arbitrator.

The 37-year-old Thornton replaces Boone Logan, who left for a $16.5 million, three-year contract with Colorado. A 10-year big league veteran, Thornton was 0-4 with a 3.74 ERA in 60 relief appearances last season for the Chicago White Sox and Boston, which acquired him in July for minor league outfielder Brandon Jacobs.

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