People familiar with the deal tell The Associated Press that Adam Wainwright’s contract with the St. Louis Cardinals has been put on hold because it violates the maximum-cut rule.
The pitcher will have to become a free agent before the agreement can be finalized, people familiar with the agreement told the AP, speaking on condition of anonymity because the deal had not been completed.
St. Louis announced the agreement with the 37-year-old right-hander on Oct. 11.
Wainwright has finished a $97.5 million, five-year contract that paid $19.5 million annually. Under baseball’s labor contract, his guaranteed salary could not be reduced by more than 20 percent if he remains on the roster continuously. That means he would have to be guaranteed at least $15.6 million.
His new deal contains a salary less than that figure, people familiar with the agreement told the AP, speaking on condition of anonymity because the deal had not been finalized. The maximum-cut rule would not apply if he becomes a free agent following the World Series, and then agrees to the new deal with the Cardinals.
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