From George King:
"American Idle" Carl Pavano spoke to Brian Cashman on Friday at the Stadium and said he is going to accept a minor-league assignment after the Yankees release him from the final year of a disastrous four-year, $39.95 million contract.
Needing room on the 40-man roster so they can add Alex Rodriguez, Andy Pettitte and Mariano Rivera, the Yankees hatched the idea of cutting Pavano. The right-hander had Tommy John surgery on his right elbow in early June and isn't expected to be ready to pitch until July at the earliest.
Under the release plan, Pavano would get the $11 million he is owed for the 2008 season and the $1.95 million buyout he would have coming to him, because the Yankees aren't going to pick up a $15 million option for 2009. (New York Post)
There is absolutely no argument here. I can't say that the Yankees shouldn't have signed Pavano for the 2005 season, as many teams were after him. No one could have predicted the future. That being said, he was a major bust and this was the best way to handle the situation.
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