It took a while to shake out once the Chicago Cubs released Edwin Jackson, but he’s finally found a new team – and they’re putting him right on the big league roster.
The Atlanta Braves today announced that they’ve signed Jackson to a Major League contract for the rest of the 2015 season. They’ll get a chance to see what he’s got left, and figure out if they want to bring him back for 2016.
Jackson, 31, is still going to be paid the $11 million the Cubs owe him for 2016 no matter what. However, whatever he makes at the Major League level from another team will reduce the Cubs’ commitment on a dollar-for-dollar basis. In other words, the Braves will pay him a prorated portion of the Major League minimum this year (about $150,000), and the Cubs will now save that amount. If Jackson signs another big league deal for the 2016 season – possible if he pitches well enough for the Braves – the Cubs will then save another year’s worth of a Major League minimum salary for 2016 ($507,500).
Every dollar counts!
Best of luck to Jackson, who simply never got it going with the Cubs after signing his large free agent contract before the 2013 season. He was regarded by all who knew him as a great teammate and a great guy, so it’s easy to wish him well.