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The Phillies and Nationals have agreed to a deal:Philly gets:CI Howard, Ryan, $18m (2014)WAS pays 8.5 in 2013SP Lannan, John, $2m (2014)WAS gets:CI Dunn, Adam, $12.5m (2013)X-CI Dunn, Adam, Cash Exchanged 2013, $-5.5m in 2013C Hanigan, Ryan, $5m (2014)X-C Hanigan, Ryan, Cash exchanged 2013, $-1m in 2013OF Altherr, Aaron, $0.5m (P-n/a)OF Kearns, Austin, $0.5m (2013)I'm happy to bring Howard home to the Phils. I regretted trading him last year. I like him a little more than Dunn. Lannan will help fill out my rotation. Nats to confirm.
Is WAS paying another 8.5M in 2013? Before the deal, Howard is eating up 10M of cap space on WAS. After the deal, Howard would still be eating up 8.5 of cap space and would put way over the cap.