The Indians are exploring a number of trade possibilities, including scenarios in which they could move Nick Swisher and his remaining $30MM for another player with an inflated contract, reports Ken Rosenthal of FOX Sports (All Twitter links).
Rosenthal lists names like B.J. Upton ($46.35MM through 2017), Ubaldo Jimenez ($38.75MM through 2017) and Ryan Howard ($60MM through 2016) as examples of other inflated contracts while being careful to note that the Indians aren’t necessarily interested in anyone from that grouping. Other players on bloated contracts include Edwin Jackson ($22MM through 2016), John Danks ($28.5MM through 2016), Cody Ross ($10.5MM through 2015) and Ricky Nolasco ($37MM through 2017), to say nothing of Dodgers outfielders Carl Crawford and Andre Ethier (though that duo is a particularly difficult fit in Cleveland).
Swisher, signed to a four-year, $56MM contract heading into the 2013 season, played well in his inaugural campaign in his home state of Ohio, hitting .246/.321/.423 with 22 homers. However, his offense fell off a cliff in 2014, as he batted just .208/.278/.331 while his strikeout rate soared to a career-worst 27.7 percent and his walk rate dropped to a career-worst nine percent.
As I explained in my Indians Offseason Outlook, Cleveland has a bit of financial flexibility heading into 2015, but that flexibility will be gone by 2016 due to arbitration raises to Corey Kluber, Cody Allen and Carlos Carrasco as well as contractual salary increases to the likes of Jason Kipnis, Yan Gomes, Carlos Santana and Michael Brantley. Moving Swisher or Michael Bourn, who is owed $27.5MM over the next two seasons and has also declined, would alleviate that pressure and give the Indians a much more favorable long-term outlook. One option could be to pay a large chunk of Swisher’s 2015 salary, when the team has more payroll flexibility, while only absorbing a small chunk of his 2016 salary (or do the same with Bourn). By doing so, they could still eat around half of his remaining salary but create more 2016 flexibility to accommodate an increasingly expensive core.