Summary
The Los Angeles Dodgers signed two top baseball players, Kyle Tucker and Edwin Diaz, to major contracts. The team will face financial penalties and lose several important draft picks due to exceeding luxury tax limits.
Key Facts
- The Dodgers signed Kyle Tucker for four years at $240 million, making it the second-biggest annual contract in MLB history.
- Edwin Diaz was signed to a three-year deal worth $69 million, the highest per-year salary for a closer.
- Because the Dodgers went over a luxury tax threshold, their costs for Tucker and Diaz increased by 110 percent.
- As a result, the Dodgers will pay over $100 million per year for Tucker and more than $40 million per year for Diaz.
- The team will lose their second-, third-, fifth-, and sixth-highest draft picks next year due to signing two free agents with qualifying offers.
- The Dodgers' strong farm system may help them manage the impact of losing draft picks.
- Dodgers' President of Baseball Operations, Andrew Friedman, is known for being cautious and avoiding trading young talent at deadlines.